740 S Lake Avenue, Delray Beach, FL 33483

$1,295,000
3
BD
2
BA
1,900
SqFt

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List Price
$1,295,000
MLS#
B26080087
Subdivision
La Hacienda Delray
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
2
Living Area
1,900

Property Description

A unique opportunity in one of Delray Beach's most desirable residential enclaves, just north of Atlantic Avenue. Situated on a deep lot, 740 S Lake Avenue offers exceptional flexibility for an owner, investor or future developer. The surrounding neighborhood has transformed with luxury new construction residences selling for over $3 million. The property features two existing structures, providing the opportunity to utilize or rent the residences while designing plans for the future. Alternatively, enjoy the property as-is and develop over time. With the potential to build a new residence of more than 4,000 square feet, this presents an entry point into a neighborhood defined by multimillion-dollar new construction homes, all within minutes of downtown Atlantic Avenue, and the ocean. DISCLOSURE: All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.

Additional Information

Days on Market
7
Tax Amount
$5,469
Parcel Number
12434609110050170
#Garage Spaces
1
Bedroom Description
Other
Front Exposure
North
Lot Size
7,405
Parking Restrictions
1 Space, Parking Garage
Pet Restrictions
Yes
Pets Allowed
Yes
Address
740 S Lake Avenue, Delray Beach
SqFt Liv Area
1,900
Year Built
1955
Development Name
La Hacienda Delray
Style
House
Restrictions
No Restrictions
Interior Features
Other

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Listing Courtesy of Douglas Elliman, Contact: