Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23 S Swinton Ave Delray Beach, FL 33444

    Sponsored
    Picture of Retail space at S Swinton Ave 23, Delray Beach, FL
    For Sale
    $3,000,000

    Free Standing,Office/Retail,Resident. Single Fam - Delray Beach, FL

    Property size:
    3,296 SF
    Lot size:
    0.15 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 28 at 3:06 pm

    Property Features for 23 S Swinton Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OSSHAD
    APN
    12434616010690100
    Size
    3,296 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1937
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Tile, Vinyl
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Kyle Retamar

    Sutter & Nugent, INC. (561) 512-8505

    Listing agent Kyle Retamar (561) 249-7266

    Listing date Jan 8, 2026

    MLS# RX-11142674 Listing URL

    Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Delray Beach Retail/Office Building

    This retail/office building is located in the heart of Delray Beach, Florida. The property offers an irreplaceable location across the street from Sundy Village. The site, with zoning OSSHAD, is currently in the approval and permitting process. Proposed plans include just under 1400 square feet of retail/office space and 1800 square feet of residential space, totaling 3296 square feet. Parking is situated at the rear of the building. The lot size is 0.15 acres. Proposed site plans and renderings are available. The property can also be used as a single family or residential income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metropolitan Multi Services/Zednek Attorney Jans Pool Supply Swimming Pool Supply Store Right Choice 🇩umpster ... Waste Management Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.072848
    Latitude
    26.460637

    Nearby Similar for Sale

    • $6,249,999
      6,334 SF

      Delray Beach Live/Work Building

      Contemporary Art Deco building with live/work flexibility near beach.
      226 Palm Ct, Delray Beach, FL 33444
      View Details
    • $2,690,000
      5,040 SF

      Delray Beach Office Building

      Modern office building in downtown Delray Beach for sale.
      112 SE 10Th St, Delray Beach, FL 33483
      View Details
    • $998,000
      2,534 SF

      Delray Beach Quad Plex Estate

      Gorgeous quad plex in prime Delray Beach location on oversized lot.
      5285 Sunrise Blvd, Delray Beach, FL 33484
      View Details
    • $415,000
      1,125 SF

      Delray Beach Office/Medical Space

      Professional office center with medical plumbing and ample parking.
      5341 Atlantic Ave, Delray Beach, FL 33484
      View Details
    • $2,700,000
      0.33 Acres

      Spacious Compound Near Pineapple Grove

      Versatile property ideal for assisted living or short-term rental.
      1650 NE 3Rd Ave, Delray Beach, FL 33444
      View Details
    • $3,200,000
      2,309 SF

      Approved Condo Project in Delray

      Site plan approved luxury condo project in Delray Beach, Florida.
      235 SE 5Th Ave, Delray Beach, FL 33483
      View Details
    • $1,499,990
      2,688 SF

      Delray Beach Multi-Unit Investment

      Multi-family investment opportunity with five units in Delray Beach.
      124/122 SW 8Th Ave, Delray Beach, FL 33444
      View Details
    • $2,149,000
      0.33 Acres

      Delray Beach Single Family Home

      Single-family home in Delray Beach, Florida on 0.33 acres.
      905 NE 6Th Ave, Delray Beach, FL 33483
      View Details
    • $299,000

      Delray Beach Restaurant Opportunity

      Newly renovated restaurant for sale on Jog Road, Delray Beach.
      15280 S Jog Rd, Delray Beach, FL 33446
      View Details
    • Contact for pricing
      3,444 SF

      Renovated Daycare Facility For Sale

      Fully renovated and licensed daycare facility in Delray Beach, Florida.
      111 SW 10Th Ave, Delray Beach, FL 33444
      View Details
    • $8,000,000
      8,656 SF

      Mixed-Use Development Opportunity, Delray Beach

      1.71-acre mixed-use site with approved plans in Delray Beach.
      2410 N Federal Hwy, Delray Beach, FL 33483
      View Details
    • $1,100,000

      Delray Beach Development Opportunity

      Four-plex with approved plans for a luxurious single-family home.
      630 B Allen Ave, Delray Beach, FL 33483
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail/Office building in the heart of Delray Beach.
    Where is this retail space located?
    The property is located at 23 S Swinton Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Irreplaceable location in the heart of Delray Beach, across from Sundy Village.; - Mixed-use building with both Retail/Office (1400 SF) and Residential (1800 SF) space.; - Approvals and permitting are currently in progress.
    (561) 400-6673
    Request Owner's contact information
    23 S Swinton Ave Delray Beach, FL 33444
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23 S Swinton Ave
    Delray Beach, FL 33444
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 S Swinton Ave Delray Beach, FL 33444
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kyle Retamar
    (561) 400-6673
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.