311 N Swinton Avenue

    Delray Beach, FL 33444
    • $819,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: RX-10601186
    UPDATED: 48 min ago
    $819,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,728
      SQFT
    • $474
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Description

    Priced To Sell and motivated owner... Investment or Residential opportunity... Perfect set up for a Seasonal, Annual or Vacation Rental property, or simply convert to a 4 bedroom, 3 bathroom single-family home and enjoy all that downtown living has to offer. Fabulous location, and just a 5 minute walk to Atlantic Ave. Situated in the heart of Old School Square Historic Arts District, and Pineapple Grove, this property is walking distance to local restaurants, shops, arts, and entertainment. Zoned as Multifamily < 10 Units, and also both residential and commercial (office), the property offers endless possibilities. The local area is quickly being redeveloped and is now a major attraction for shoppers and diners.Multimillion dollar construction includes the newly opened IPIC theatre, and current construction of boutique hotels to include The Ray Hotel just steps away from this amazing property, plus the newly downtown development of Atlantic Crossings. This is a highly desirable location in beautiful South Florida, with unlimited income possibilities! Vacation rental, seasonal rental, annual residential rental, or prime commercial real estate. Additionally, it could also be the perfect primary home near the beach with potential to earn income while living there. An ideal real estate acquisition for investors seeking property in a highly sought after location, a prime location for a build opportunity, or renovation into a single family home. (Currently, there is a 2 unit structure, comprising of a total of 4 bedrooms, and 3 bathrooms, perfect for renovation into a single family home). Featuring 2 bedrooms and 2 bathrooms in the first unit, and 2 bedrooms, 1 bathroom in the second unit. Endless possibilities! The units each benefit from separate address's and private entrances, one facing beautiful Swinton Avenue, and the other entrance via one of Delray's charming alleyways just east of Swinton Avenue. Ample parking at the front and rear of the property. Updated and ready to move in, or immediate income potential. There is also a very large, private back and side yard area for entertaining and hosting guests, with newly planted coconut trees, a sprinkler system, and night lights. Currently owner occupied on one side, and an annual tenant on the other. Income potential is superb. Similar nearby Seasonal Rental units yield $4,000 - $5,500 per unit/per month, Comparable annually leased units derive $2,100 - $3,500 per unit/per month. A unique opportunity to own in the heart of Delray Beach, call for your private viewing today!

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    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-02-25T00:04:30.977.
    www.westpalmhomesearch.com/homes/103247057

    311 N Swinton Avenue Delray Beach, FL 33444

    • Price: $819,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: RX-10601186
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,728
    SQFT
    $474
    $/SQFT
    1971
    Built
    Neighborhood:
    Delray Town Of
    County:
    Palm Beach
    Area:
    Delray Beach
    Property Description
    Priced To Sell and motivated owner... Investment or Residential opportunity... Perfect set up for a Seasonal, Annual or Vacation Rental property, or simply convert to a 4 bedroom, 3 bathroom single-family home and enjoy all that downtown living has to offer. Fabulous location, and just a 5 minute walk to Atlantic Ave. Situated in the heart of Old School Square Historic Arts District, and Pineapple Grove, this property is walking distance to local restaurants, shops, arts, and entertainment. Zoned as Multifamily < 10 Units, and also both residential and commercial (office), the property offers endless possibilities. The local area is quickly being redeveloped and is now a major attraction for shoppers and diners.Multimillion dollar construction includes the newly opened IPIC theatre, and current construction of boutique hotels to include The Ray Hotel just steps away from this amazing property, plus the newly downtown development of Atlantic Crossings. This is a highly desirable location in beautiful South Florida, with unlimited income possibilities! Vacation rental, seasonal rental, annual residential rental, or prime commercial real estate. Additionally, it could also be the perfect primary home near the beach with potential to earn income while living there. An ideal real estate acquisition for investors seeking property in a highly sought after location, a prime location for a build opportunity, or renovation into a single family home. (Currently, there is a 2 unit structure, comprising of a total of 4 bedrooms, and 3 bathrooms, perfect for renovation into a single family home). Featuring 2 bedrooms and 2 bathrooms in the first unit, and 2 bedrooms, 1 bathroom in the second unit. Endless possibilities! The units each benefit from separate address's and private entrances, one facing beautiful Swinton Avenue, and the other entrance via one of Delray's charming alleyways just east of Swinton Avenue. Ample parking at the front and rear of the property. Updated and ready to move in, or immediate income potential. There is also a very large, private back and side yard area for entertaining and hosting guests, with newly planted coconut trees, a sprinkler system, and night lights. Currently owner occupied on one side, and an annual tenant on the other. Income potential is superb. Similar nearby Seasonal Rental units yield $4,000 - $5,500 per unit/per month, Comparable annually leased units derive $2,100 - $3,500 per unit/per month. A unique opportunity to own in the heart of Delray Beach, call for your private viewing today!
    Exterior Features

    Roof Comp Shingle Waterfront YN No

    Interior Features

    Bath Toilets 3.00 Cooling Central Flooring Vinyl Floor Heating Central Percent Air Conditioned 0.00

    Property Features

    Available Docs Survey Available Info Owner ManagedPhotos Fire Protection Smoke Detector For Lease Yes For Sale Yes Lease Annual List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Possession At Closing Sale Includes Building And Land Tax Amount Real Estate Taxes 8671.69 Tax Year 2019 Tenant Pays Electric Terms Considered Assumable-QualifyCashConventionalFhaWill Rent Type Of Building CommercialOffice SpaceOtherResident. Multi-Fam. Use Other Utilities ElectricPublic SewerPublic WaterSeparate Meter

    Listing provided courtesy of Lehmann Realty Inc..

    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-02-25T00:04:30.977.
     
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