740 S Lake Avenue, Delray Beach, FL 33483

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,295,000
Days on Market
0
MLS#
B26080087
Year Built
1955
Bedrooms
3
Bathrooms
2
Living Area
1,900
Lot Size
7,405
Acres
0.17

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.

Additional Information

Taxes
$5,469
Community Features
La Hacienda Delray
Property Description
House
Zoning
RL (city)
Interior Features
Other
Appliances
Dryer, Refrigerator, Washer
Utilities
Electricity Connected, Water Connected, Electricity Available, Water Available
Heating
Other
Air Conditioning
Central Air
Roof
Metal, Metal Roof
Garage Spaces
1

Listing Courtesy Of Douglas Elliman, Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks