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$650,000

Beds
5
Baths
4.0
sq ft
1,607

821 SW 4th Ave, Delray Beach, FL 33444

821 SW 4th Ave

Delray Beach, FL 33444

  • 98 days on market
BUILDER SPECIAL DOWNTOWN DELRAY BUILDER SPECIAL! BUILD TWO HOMES ON 16,030sf CORNER LOT (APPROX 140ft X 114ft). EACH HOUSE WOULD BE ON 8,000sf+ LOTS! Incredible Opportunity, new construction all around! Downtown Delray Singe-Family Home on enormous lot. Existing main house has 3br, 2ba plus two efficiencies. Combine house into large interior space to create one larger home or maintain 3 nonconforming units. Rented MTM. Redevelopment opportunity or add 2nd home accessory (ADU)! Excellent location next to South Swinton Ave ~1 mile to the beach. Spacious yard. Walk to Atlantic Ave, shoppes and everything downtown Delray has to offer! No HOA! No restrictions! Airbnb/seasonal potential for high ROI. Property is located in Opportunity Zone & Delray Beach CRA district!

Details

Property type

Single Family Residence

Est. home value

$457,212

Lot size

0.37 acres

Price per sq ft

$405

Year built

1927

Annual property taxes

$6,197

Price History

08/09/2024
Beaches

Beaches #R11011227

Listed
$650,000
+282.35%
09/21/2020
Beaches

Beaches #R10615409

Sold
$170,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Commercial Lender Llc

Loan start date

April 2022

Original loan amount

$592,118

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 30 year

Seller

Prestigent Llc

Lender

Thomas Novak

Loan start date

September 2021

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Not Provided

Seller

Prestigent Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 8:30 PM

Listing updated: 11/04/2024 at 9:25 PM

Listed by: Matan Morag, Regency Realty Services Phone #: (561) 394-4600

MLS: Beaches #R11011227

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