Downtown Multifamily Redevelopment
For Sale
$8,500,000
211 S Swinton Ave, Delray Beach, FL 33444
Multifamily portfolio includes three downtown properties totaling 17 units with current rental income from long- and short-term leases.
Property Size6,952 SF
Price / SF$1,222
Days on Market101
Property Features for 211 S Swinton Ave
General Information
Standard status
Active
Size
6,952 SF
Building Details
Year Built
1973
Listing Agency:
Oculus Realty LLC
Listed By:
William Tome
(917) 574-3537
Source:
Mymiahomes
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 7 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oculus Realty LLC
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Investment Insights
Based on property information with market context.
This portfolio offering includes 211, 719, and 723 South Swinton Avenue in Downtown Delray Beach. The anchor property at 211 South Swinton Avenue operates as a 10-unit rental property with 4 long-term tenants and 6 short-term rental units. The adjacent properties at 719 and 723 South Swinton Avenue include a combined 7 leased units under a triple lease.
The properties are positioned in the heart of Downtown Delray Beach, located steps from Atlantic Avenue, and directly across from the newly completed Sundy Village development. The portfolio is also described as within walking distance of The Ray Hotel, Opal Grand Resort, restaurants, shopping, and entertainment.
In total, the portfolio comprises 17 units. The offering is presented as an opportunity for investors, developers, and assemblage buyers, with buyers instructed to verify all information.
The properties are positioned in the heart of Downtown Delray Beach, located steps from Atlantic Avenue, and directly across from the newly completed Sundy Village development. The portfolio is also described as within walking distance of The Ray Hotel, Opal Grand Resort, restaurants, shopping, and entertainment.
In total, the portfolio comprises 17 units. The offering is presented as an opportunity for investors, developers, and assemblage buyers, with buyers instructed to verify all information.
Key Highlights
- Downtown Delray Beach multifamily portfolio with three properties: 211, 719, and 723 S. Swinton Avenue
- 211 S. Swinton Avenue: 10‑unit rental with 4 long‑term tenants and 6 short‑term rental units generating approx. $250,000 annually
- 719 and 723 S. Swinton Avenue: 7 leased units generating $168,000 annually under a triple lease
Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,112
Businesses Nearby
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Business Placement
Demographics for 33444, FL
22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily portfolio includes three downtown properties totaling 17 units with current rental income from long- and short-term leases.
Where is this apartment building located?
The property is located at 211 S Swinton Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Downtown Delray Beach multifamily portfolio with three properties: 211, 719, and 723 S. Swinton Avenue; 211 S. Swinton Avenue: 10‑unit rental with 4 long‑term tenants and 6 short‑term rental units generating approx. $250,000 annually; 719 and 723 S. Swinton Avenue: 7 leased units generating $168,000 annually under a triple lease
