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.
Listing last checked: Listing updated:
Listed by William Tome · Oculus Realty LLC · MLS #B26040359
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Other, Tile
Building4 property facts
- Style
- Multi Family
- Year built
- 1973
- Parking
- 30
- Roof
- Aluminum, Mansard, Shingle
Land & utilities4 property facts
- Lot size
- 0.45 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RM (city)
Financial2 property facts
- Annual taxes
- $27,008
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $8,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$45,231 / monthAdjust
- Principal & interest
- $42,981
- Property tax
- $2,251
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $27,008. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Explore more of Delray Beach
Continue your search in Delray Beach.
Need help making sense of this home?
About 211 S Swinton Avenue
Can I request a private showing?
Request a tour of 211 S Swinton Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.