Home » Delray Beach » 525 S Swinton Avenue 1-8, Delray Beach, FL 33444 | R10983350/RX-10983350

Multi Family For Sale 525 S Swinton Avenue 1-8, Delray Beach, FL 33444

$2,750,000
Price has decreased by $750,000

Property Highlights

Listing ID R10983350/RX-10983350 Status of this Listing: Active Under Contract (An offer has been accepted, considering Backup Offers) For Sale Property Type Commercial Sale Multi Family Year Built 1981 Time of this property on Rebonus 279 Day(s)

525 S Swinton Avenue 1-8, Delray Beach, FL 33444

Property Description: Amazing opportunity for development in the revitalized S. Swinton area. 8 units rented on month to month basis. Great opportunity for redevelopment on booming South Swinton Renaissance district. Little under an acre. Only 5 blocks to happening Atlantic Ave shops and restaurants. 1.5 mile bike ride to the beach. Present all offers. NEGOTIABLE.

Useful Info

Contingency:Other
Previous Asking Price:$3,500,000
Original List Price:$3,500,000

Lease Details

Lease Terms Description:Month To Month Lease

Land Lot (Parcel) Details

Lot Size Acres:0.77
Lot Features:
  • City Lot

Construction

Number of Units Total:4
Levels:One
Construction Materials:
  • Wood Siding
Flooring:
  • Vinyl
Stories:1

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$14,517

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Lease Term:
  • Month To Month
Lease Considered:No

Community

Subdivision Name:SWINTON OAKS
Complex Name:SWINTON OAKS
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Electricity Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberRX-10983350
Ref1073209800

Zoning and Legal

Tax Legal Description:Swinton Oaks IN PB 47P74 LT 1 BLK 1
Real Estate Folio Number (Parcel Number):12434621450010010
Zoning Description:RM(cit

Listing History

Update/EventDate/Days
Published Date:May 1, 2024 1:53 pm
On Market Date:May 1, 2024
Listing Contract Date:May 1, 2024
Contingent Date:December 31, 2024
Price Change Date Time:August 15, 2024 12:00 am
Last Important Update Description:Active Under Contract (An offer has been accepted, considering Backup Offers)
Date and Time of Last Important Update:January 1, 2025 7:56 am
Status Last Changed:January 1, 2025 12:00 am
Photos Last Modified:October 31, 2024 4:23 am
Last Modified:January 29, 2025 4:52 pm
Days on the Market Reference Date:January 29, 2025
Days on the Market (updated on Last Modified*):244
Cumulative Days on the Market (updated on Last Modified**):244

Additional Information

Lot Size Range:,
Number of Photos:15
Location:City Location,City Location
Included:Building & Land,,
Geographical Area:Palm Beach 4220a; 4230b; 4360a; 4370b
Area:4470
Automated Valuation Display:Yes
Courtesy of:Regency Realty Services
Universal Property Id:US-12099-N-12434621450010010-R-N

Location

Show Property Address:Yes
Street Name:Swinton Avenue
Street Number:525
Street Direction Prefix:S
Street Address:525 S Swinton Avenue 1-8
Unit Number:1-8
City : Delray Beach
State : Florida
Zip Code : 33444
County : Palm Beach
Full Address:525 S Swinton Avenue 1-8, Delray Beach, FL 33444
Latitude:N26° 27' 10.2''
Longitude:W81° 55' 38.5''

Neighborhood

Postal City:Delray Beach

Property Map