Modern Living Group
Downtown Delray Beach Residence
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$8,500,000ACTIVE

211 S Swinton Avenue, Delray Beach, FL

beds0baths6,952sq ft$1,223/ sq ft
THE RESIDENCE

About this home

Rare Downtown Delray Beach Portfolio Opportunity - $8,500,000 Introducing one of the most unique investment and redevelopment opportunities in the heart of Downtown Delray Beach. This portfolio offering includes 211, 719, and 723 South Swinton Avenue, strategically positioned just steps from Atlantic Avenue and directly across from the newly completed Sundy Village development. Anchoring the portfolio is 211 South Swinton Avenue, the largest individually owned lot in Downtown Delray Beach, currently operating as a 10-unit rental property consisting of 4 long-term tenants and 6 short-term rental units, generating approximately $250,000 annually in rental income. Portfolio sale includes 211, 719, and 723 S. Swinton Avenue in the heart of Downtown Delray Beach. The adjacent income-producing properties at 719 and 723 S. Swinton feature 7 leased units generating $168,000 annually under a triple lease. The portfolio currently produces $418,000 in annual income and offers exceptional redevelopment potential on one of the largest privately owned land assemblages in Downtown Delray Beach. Ideally located across from Sundy Village and within walking distance of Atlantic Avenue, The Ray Hotel, Opal Grand Resort, restaurants, shopping, and entertainment. The portfolio consists of 17 total units and presents a rare opportunity for investors, developers, and assemblage buyers seeking scale, income, and future upside in one of South Florida's premier downtown markets. Buyer to verify all information.

THE DETAILS

Property details

List Price$8,500,000
Price / Unit$500,000
Units17
Gross Income$418,000/yr
Inside Sq FtN/A
Year Built1973
ConstructionConcrete, Stucco
FlooringCeramic Tile, Other, Tile
ZoningRM (city)
Property TypeMultiFamily
MLS #B26040359
StatusActive
Original List Price$8,500,000
GRM20.3
Stories2
Lot Size0.45 acres
Days on Market10
Annual Taxes$27,008
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CityDelray Beach
Zip Code
LOCATION

Where you'll live

Downtown Delray Beach

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Christa Hatton
FEATURED AGENT
Christa Hatton
Downtown & Delray Beach Specialist
Boca Raton / Delray Specialist

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