Downtown Delray Beach properties trade for $10M

20 West Atlantic Avenue
20 West Atlantic Avenue

Seven downtown Delray Beach properties totaling about 2.7 acres changed hands for $10 million.

Rectory Park of Delray Beach sold the 20 West Atlantic Avenue, 38, 40 and 44 South Swinton Avenue and 21 and 23 Southwest First Avenue parcels in a transaction recorded on Friday, according to Palm Beach County records. One of the properties is vacant, while the others are occupied by mixed-use, apartment and single-family residential buildings.

Sign Up for the undefined Newsletter

Another Delray Beach company, Atlantic Ave Development, is the buyer. Steven Michael is identified in state corporate records as the company’s registered agent.

No financing was recorded. — Eric Kalis