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Downtown Multifamily Redevelopment Portfolio
For Sale
$8,500,000

211 Swinton Avenue, 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 Market77

Property Features for 211 Swinton Avenue

General Information

Standard status Active
Size 6,952 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $27,008

Amenities

3
30 Parking Spaces.

Building Details

Year Built 1973
Listing Agency: Oculus Realty LLC
Listed By: William Tome
Source: Xome
Added: Jun 10 Changed: Aug 23 Last Checked: Aug 24 at 3:52AM

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

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.

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

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Catering Service Florist Veterinary Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,112
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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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 Swinton Avenue 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
More about this property
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