Property
| Ownership: | Single Family |
|---|---|
| Type: | single-family |
| Bedrooms: | 5 BR |
| Bathrooms: | 4 |
| Pets: | Pets Case By Case |
| Area: | 4460 sq ft |
FinancialsPrice:$515,000
DescriptionAPPROVED SHORT-SALE! PROFORMA 10-11% CAP RATE! Downtown Delray builder special! 16,030sf CORNER LOT (140ftx114ft). Great opportunity! New construction around! Existing singe-family home situated on enormous lot and features main house with 3br/2ba, garage and two additional efficiency/studio units. Potential options: 1) Redevelopment opportunity: build 1 or 2 homes; each house could have large 8,000sf+/- lots 2) Add/build ADU, 3) Combine house into large interior space to create one large home 4) Rehab & maintain same floor plan then rent out all 3 spaces; PROFORMA 10-11% CAP RATE! Excellent location near Swinton Ave; ~1 mile to the beach. Spacious yard. Walk to Swinton/Atlantic Ave, downtown! No HOA! Short-term rental potential! Located in Opportunity Zone and Delray Beach CRA District!
Unbranded Virtual Tour: https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011227/unbranded
Amenities- Ball Field
- Basketball
- Bike - Jog
- Blinds
- Boating
- Cafe/Restaurant
- Central
- Dog Park
- Electric
- Park
- Playground
- Pool
- Public Sewer
- Public Water
- Range - Electric
- Refrigerator
- Sidewalks
- Soccer Field
- Storage
- Tennis
- Water Heater - Elec
APPROVED SHORT-SALE! PROFORMA 10-11% CAP RATE! Downtown Delray builder special! 16,030sf CORNER LOT (140ftx114ft). Great opportunity! New construction around! Existing singe-family home situated on enormous lot and features main house with 3br/2ba, garage and two additional efficiency/studio units. Potential options: 1) Redevelopment opportunity: build 1 or 2 homes; each house could have large 8,000sf+/- lots 2) Add/build ADU, 3) Combine house into large interior space to create one large home 4) Rehab & maintain same floor plan then rent out all 3 spaces; PROFORMA 10-11% CAP RATE! Excellent location near Swinton Ave; ~1 mile to the beach. Spacious yard. Walk to Swinton/Atlantic Ave, downtown! No HOA! Short-term rental potential! Located in Opportunity Zone and Delray Beach CRA District!
Unbranded Virtual Tour: https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011227/unbranded
- Ball Field
- Basketball
- Bike - Jog
- Blinds
- Boating
- Cafe/Restaurant
- Central
- Dog Park
- Electric
- Park
- Playground
- Pool
- Public Sewer
- Public Water
- Range - Electric
- Refrigerator
- Sidewalks
- Soccer Field
- Storage
- Tennis
- Water Heater - Elec
APPROVED SHORT SALE ! PROFORMA 10 11 CAP RATE !
DescriptionAPPROVED SHORT-SALE! PROFORMA 10-11% CAP RATE! Downtown Delray builder special! 16,030sf CORNER LOT (140ftx114ft). Great opportunity! New construction around! Existing singe-family home situated on enormous lot and features main house with 3br/2ba, garage and two additional efficiency/studio units. Potential options: 1) Redevelopment opportunity: build 1 or 2 homes; each house could have large 8,000sf+/- lots 2) Add/build ADU, 3) Combine house into large interior space to create one large home 4) Rehab & maintain same floor plan then rent out all 3 spaces; PROFORMA 10-11% CAP RATE! Excellent location near Swinton Ave; ~1 mile to the beach. Spacious yard. Walk to Swinton/Atlantic Ave, downtown! No HOA! Short-term rental potential! Located in Opportunity Zone and Delray Beach CRA District!
Unbranded Virtual Tour: https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011227/unbranded
Amenities- Ball Field
- Basketball
- Bike - Jog
- Blinds
- Boating
- Cafe/Restaurant
- Central
- Dog Park
- Electric
- Park
- Playground
- Pool
- Public Sewer
- Public Water
- Range - Electric
- Refrigerator
- Sidewalks
- Soccer Field
- Storage
- Tennis
- Water Heater - Elec
APPROVED SHORT-SALE! PROFORMA 10-11% CAP RATE! Downtown Delray builder special! 16,030sf CORNER LOT (140ftx114ft). Great opportunity! New construction around! Existing singe-family home situated on enormous lot and features main house with 3br/2ba, garage and two additional efficiency/studio units. Potential options: 1) Redevelopment opportunity: build 1 or 2 homes; each house could have large 8,000sf+/- lots 2) Add/build ADU, 3) Combine house into large interior space to create one large home 4) Rehab & maintain same floor plan then rent out all 3 spaces; PROFORMA 10-11% CAP RATE! Excellent location near Swinton Ave; ~1 mile to the beach. Spacious yard. Walk to Swinton/Atlantic Ave, downtown! No HOA! Short-term rental potential! Located in Opportunity Zone and Delray Beach CRA District!
Unbranded Virtual Tour: https://www.propertypanorama.com/821-SW-4th-Avenue-Delray-Beach-FL-33444--RX-11011227/unbranded
- Ball Field
- Basketball
- Bike - Jog
- Blinds
- Boating
- Cafe/Restaurant
- Central
- Dog Park
- Electric
- Park
- Playground
- Pool
- Public Sewer
- Public Water
- Range - Electric
- Refrigerator
- Sidewalks
- Soccer Field
- Storage
- Tennis
- Water Heater - Elec
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
