A building put up by builders, for themselves — on one of the prettiest corners in downtown Delray Beach.
150 N Swinton is a four-unit, mixed-use building — two offices on the ground floor, two residences above — directly across from Old School Square and one block off Atlantic Avenue. It was constructed in 1999 by a Delray Beach building company that kept it for itself, ran its business downstairs, and watched the city become the cultural heart of South Florida from its own front door. For the first time, it's available.
A building tells you about the people who made it. This one was built by builders, for their own use — which means it was built right, and it has been held and cared for the same way ever since. That's a rare thing to buy on Swinton.
Owner-user or investor — your call. Occupy an office and a residence and let the other units pay you, or run all four purely as income. There's a clear value-add path to roughly a 9% return at stabilized market rents.
Income already in place, below market. The original owner stays on for a year in the ground-floor office at a below-market $45 NNN, and a long-term residential tenant remains — so you collect from day one with genuine upside to occupy or push rents on your own timeline.
Downtown Delray Beach — a three-time All-America City and home to Florida's "Best Main Street" — turned a quiet downtown into a year-round destination the rest of the state measures itself against. Directly across from Old School Square, steps from the restaurants and boutiques of Atlantic Avenue, with parking behind the building. The address does the marketing.