$1,990,000
For Sale

311 N Swinton Avenue

Delray Beach, FL 33444
1728 sqft | 4 beds | 3 baths | #RX-11035869
Browse 52 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to 311 N. Swinton Avenue, with options galore, now available in the heart of Downtown Delray Beach, just three blocks north of Atlantic Avenue in the historic neighborhood of Pineapple Grove. An exceptionally diverse property offering a coveted blend of versatility, prime location, and abundant potential, offering the best of both worlds. Relaxing and serene, yet within easy walking proximity to downtown and it's plethora of dining options, shopping, and entertainment. Options to use as a single-family residence, an income deriving investment, or more...
Renovated and extremely private residence, enhanced with mature plantings, and room for a large pool, this is your tropical retreat in the heart of town. Inviting patio areas around the property provide peaceful areas that extend living space to the outdoors and into the beauty of the garden and it's vibrant surroundings.
The 4 bedrooms/3-bathroom property is a rare gem providing multiple options for residence, work, income, and guests. The 2BD/1BA and 2BD/2BD home offers spacious floor plans, large bedrooms, and 2 kitchens opening to living areas and serene and spacious patios. Property use suggestions allow for the property to simply be your private single-family 4-bedroom residence in the heart of town, or a residence that allows the privacy of single-home living with a built-in, private mother-in-law suite and guest suite. Alternatively, the property is an ideal private single-family residence providing separate work/office space that has built-in, valuable sign-frontage on historic Swinton Avenue. Furthermore, the offering is a lucrative income-deriving property that can be rented while you also enjoy your own private residence next door, and all in the heart of the developing vibrant South Florida community of Delray Beach. The variety of options provided by this property offers a flexible investment choice for the knowledgeable buyer that seeks a tropical living lifestyle alongside a stable investment decision. The property has been extensively renovated with a multitude of recent upgrades, including impact windows, and despite the profound value of a downtown location, privacy is evident. The home offers separate entrances, separate outdoor living spaces, separate utility meters, and private parking areas both on the East and West sides of the property, privately via a rear entry down one of Delray's charming alleyways and additionally private parking at the front of the property via the coveted Swinton Avenue entrance.
Offering unparalleled convenience to the beach and downtown Delray's highly desirable restaurant options, boutique shopping, and vibrant nightlife. This spectacular single-family residence option within a multifamily dwelling is a sound investment opportunity both as a substantial income producing property, and a profitable investment opportunity situated within a high-occupancy rate location and a much sought-after rental demand. Additionally, unprecedented growth and abundant local development of luxury residential and high-end commercial construction provides property value appreciation with unlimited potential.
Unique to this multifamily property, and as per the Delray Beach Historic Preservation Committee, the residence is a non-contributing property within OSSHAD (Old School Square Historic Arts District), offering redevelopment options for mixed-use, commercial, or residential possibilities.
Don't hesitate, immerse yourself into the quintessential beach town lifestyle and embrace the tranquility of a tropical home that is mere steps from the vibrant energy of Atlantic Avenue in this rare, move-in ready property. Whether for personal enjoyment as a single family residence in one of Delray's most coveted neighborhoods, or for a perfect work/life balance, or as immediate capitalization on rental opportunities, or even a combination of all, this beautiful beach town property exudes Florida living and wise investment at it's best.

  • Interior Details
      • InteriorSplit Bedroom, Entry Lvl Lvng Area
    • Heating & Cooling
      • HeatingCentral Individual, Central
      • CoolingCentral, Electric
    • Beds & Baths
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Exterior FeaturesAuto Sprinkler, Awnings, Covered Patio, Fence, Fruit Tree(s), Open Patio, Open Porch, Room for Pool, Zoned Sprinkler
      • Exterior MaterialsAuto Sprinkler, Awnings, Covered Patio, Fence, Fruit Tree(s), Open Patio, Open Porch, Room for Pool, Zoned Sprinkler
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
    • Measurements
      • Square Feet1728
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1971
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Public Water
  • Community and Neighborhood Details
      • SubdivisionOSSHAD
    • Location
      • High SchoolAtlantic High School
      • ZoningOSSHAD—OSSHAD-O
      • CountyPalm Beach
  • Financial Details
      • Original List Price$2,333,000
      • Taxes Annual$12,751
  • Other
      • MLS #RX-11035869

Location

Lisa StewartReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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