23 S Swinton Avenue, Delray Beach, FL 33444 — MLS photo

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23 S Swinton Avenue, Delray Beach, FL 33444

Active · Retail

$3,500,000

23 S Swinton Avenue, Delray Beach, FL 33444

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1937
Lot size
6,534 sq ft
HOA fee
—
Annual tax
—

About this property

Retail/Office building in the heart of Delray Beach. Irreplaceable location across the street from Sundy Village. Site is currently in for approvals and permitting. There will be just under 1400 SF of Retail/Office, and 1800 SF of residential. Parking is in the rear of the building. Proposed site plan and renderings available.

Property location

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23 S Swinton Avenue, Delray Beach, FL 33444

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1937
Lot size
6,534 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11142674
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$6,850

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$16,592/mo
Down payment
$875,000
Loan amount
$2,625,000
Annual NOI
$116,900

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.