561821 SW 4th Avenue, Delray Beach, FL 33444
$650,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
1,871
Lot Size (sq. ft.):
16,117
Status:
Active
Current Price:
$650,000
List Date:
11/17/2025
Last Modified:
3/20/2026
Description
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!
More Information MLS# R11011227
Contract Information
Comp Sale YN: No
Listing Contract Date: 2024-08-09
Status: Active
Original List Price: 650000
List Price: $650,000
Current Price: $650,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Postal Zip: 33444
Development Name: Town of Delray Beach / Downtown Delray Beach
Geographic Area: PB06
Special Assessment YN: No
Country: United States
Street Number: 821
Street Direction Prefix: SW
Street Name: 4th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33444
Subdivision Name: Town of Delray Beach / Downtown Delray Beach
Area: 4460
Parcel Number: 12434620010110040
Zoning: Res
Directions: South Swinton Ave to SW 8 Ct, turn west, property on corner of SW 8 Ct and SW 4 Ave.
General Property Information
Living Area Main: 1607
Gated Community YN: No
Lot Size Area: 16030
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Building Area Main: 1871
Building Area Source: Other
Year Built: 1927
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Lot Size Acres: 0.37
Direction Faces: North
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 6197
Tax Year: 2023
Tax Legal Description: SUB OF SEC 20-46-43 E 140 FT OF W 165 FT OF S 114 FT OF W 1/4 OF LT 11
Office/Member Information
DXORIGMLSID: RML
Amenities
Baseball/Softball Field: 1
Basketball Court: 1
Boating: 1
Cafe/Restaurant: 1
Dog Park: 1
Jogging Path: 1
Park: 1
Playground: 1
Pool: 1
Sidewalks: 1
Soccer Field: 1
Tennis Court(s): 1
None: 1
Electric
Three Phase: 1
Entry Information
Entry Location: Entry Level Living Area Y
Flooring
Parquet: 1
Parking Features
Open: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Lender Approval: Unapproved
Short Sale Addendum: Yes
Special Listing Conditions
Short Sale: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Water Access
None: 1
Window Features
Blinds: 1
Appliances
Electric Range: 1
Refrigerator: 1
Water Heater: 1
Construction Materials
Other: 1
Interior Features
Bedroom Layout - Split: 1
Storage: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Corner Lot: 1
Water Source
Public: 1
Water Heater Details
Electric Water Heater: 1
Architectural Style
Ranch: 1
Boat and Dock Features
Ramp: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Appointment Only: 1
Occupied: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 5
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 404.48
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2025-11-17T23:04:09Z
Major Change Type: Price Change
Price Change Timestamp: 2025-11-17T23:04:09Z
Status Change Date: 2025-11-17
Originating Details
Originating System Key: 20240809181938514419000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Parquet
Parking Features: Open; Garage
Property Condition: Resale
Special Listing Conditions: Short Sale
Appliances: Electric Range; Refrigerator; Water Heater
Water Heater Details: Electric Water Heater
Architectural Style: Ranch
Boat and Dock Features: Ramp
Construction Materials: Other
Cooling: Central Air
Heating: Central
Interior Features: Bedroom Layout - Split; Storage
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Corner Lot
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
Storm Protection Details: None
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Window Features: Blinds
Showing Requirements: Appointment Only; Occupied; Text Listing Agent
Occupant Details: Tenant Occupied
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Living Room
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Kitchen
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Master Bedroom
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Listing Office:
Regency Realty Services
Last Updated: March - 20 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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