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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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320 SE 4th Ave , Delray Beach, FL 33483
$2,200,000
Est. Payment: $11,744.81/mo
2 Bed
2 Bath
1176 Sqft
0.23 Acres
Status: active | Days on site: 3
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FLL404620 - FLL33035495
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House Description

RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY IN DOWNTOWN DELRAY BEACH! LOCATION, LOCATION, LOCATION! An exceptional opportunity to acquire an oversized 10,500-square-foot lot and a half in highly desirable Osceola Park, just 3 blocks from world-famous Atlantic Avenue and approximately 4 blocks from the beautiful Atlantic Ocean! Surrounded by newer luxury homes and ongoing redevelopment, this property presents an exciting opportunity for investors, builders, and buyers looking to create something special in one of Delray Beach's most desirable locations. Currently situated on the property is a charming, updated 2-bedroom, 2-bath main residence with hardwood floors, along with a separate 1-bedroom, 1-bath guest cottage. The paved rear alley provides additional access and flexibility. Enjoy the potential for rental income while exploring future redevelopment possibilities, or envision a magnificent custom luxury residence on this generously sized parcel. Just minutes from the beach, outstanding restaurants, boutique shopping, and the vibrant nightlife of Downtown Delray Beach. PRIME LOCATION! OVERSIZED LOT! EXCEPTIONAL POTENTIAL! Buyers to verify all zoning, development possibilities, and permitted uses with the City of Delray Beach.

Highlights

Listed by Lyndon N Miller , 561-689-4766 Continental Properties, Inc. , 561-689-4766. REALTOR Association of Greater Miami and the Beach

Property Type

Residential

Lot/Acreage
0.23

Year Built

1929

County

Palm Beach

Area

4370

Neighborhood

Linns

Listing ID

B26092260

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dryer, Dishwasher, Electric Range, Disposal, Washer
Air Cond:Central Air
Fireplaces:
Floor:Hardwood,Wood
Other:
  • ▪ Additional:Living/Dining Room
Water:Public

Exterior Features

Lot:<1 Acre,Oversized Lot,< 1/4 Acre
Garage Capacity:2
Zoning:R-1-A (city)
Roof:Composition,Shingle
Others:
  • ▪ Additional:Patio, Storm/Security Shutters
Sewer:Public Sewer
Parking Features:Attached,Driveway,Garage,Guest,Two or More Spaces
Principal Interest
$11,745
Taxes
$1,026

Home Price

$2,200,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$440,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,744.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,744.81 $1,026.25 $0.00 $12,771.06
Yearly $140,937.67 $12,315.00 $0.00 $153,252.67
Total $4,228,130.04 $369,450.00 $0.00 $4,597,580.04

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Delray Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-03T03:09:01.000Z

© 2026 REALTOR Association of Greater Miami and the Beach