311 N Swinton Av N, Delray Beach, 33444

Residential - Single Family Detached For Sale in DELRAY TOWN OF

$990,000

4Beds
3Baths
1,728Sqft
.15Acres
1971Built
MLS® #: RX-10598750
Price Change

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!

Price & Status History

Date Details
Status Changed from Active to Price Change
Price Increased from $819,000 to $990,000
Status Changed from New to Active

Essential Information

MLS® #: RX-10598750
Price: $990,000
Bedrooms: 4
Bathrooms: 3.00
Full Baths: 3
Square Footage: 1,728
Acres: 0.15
Year Built: 1971
Type: Residential
Sub-Type: Single Family Detached
Style: Dup/Tri/Row
Status: Price Change

Community Information

Address: 311 N Swinton Av N
Area: 4460
Subdivision: DELRAY TOWN OF
City: Delray Beach
County: Palm Beach
State: FL
Zip Code: 33444

Amenities

Amenities: None
Utilities: Cable, 3-Phase Electric, Public Sewer, Public Water
Parking: Driveway
View: Garden
Waterfront: None

Interior

Interior Features: W/D Hookup
Appliances: Dishwasher, Dryer, Freezer, Range - Electric, Refrigerator, Washer
Heating: Central, Electric
Cooling: Central, Electric
# of Stories: 1
Stories: 1.00

Exterior

Exterior Features: Auto Sprinkler, Custom Lighting, Fence, Room for Pool, Zoned Sprinkler
Lot Description: < 1/4 Acre
Windows: Single Hung Wood
Construction: Frame, Frame/Stucco

Additional Information

Zoning: OSSHAD

Listing Details

Listing Office: Lehmann Realty Inc.

Financials

$/SqFt: $573

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Listing information last updated on March 28th, 2020 at 4:46am EDT.