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$1,295,000Active

740 S LAKE Avenue, Delray Beach, FL 33483

Delray Beach, FL 33483
3
Beds
2
Baths
1,900
Sq Ft
$682
$/Sq Ft
1955
Year Built
1 car
Garage
0.17 acres
Lot Size

Listing Snapshot

List Price$1,295,000
Price / Sq Ft$682
Beds3
Baths2
Living Area1,900 sqft
Lot Size0.17 acres
Year Built1955
Property Tax$5,469.02/yr
MLS #1191394056
StatusActive

About This Home

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Stories
1
Direction Faces
North
Attached Garage
Yes
Garage Spaces
1
Parking Spaces
5
Parking
Attached,Garage
Zoning
RL (city)
Utilities
ElectricityAvailable,WaterAvailable
Subdivision
LA HACIENDA DELRAY

Interior Features

Appliances
Cooktop,Dryer,Refrigerator,Washer
Flooring
Other
Heating
Other
Cooling
CentralAir
Interior Features
Other

Exterior Features

Construction
WoodFrame
Roof
Metal
Lot Features
LessThanQuarterAcre
Pool
No
Waterfront
No

Community Features

MLS Area
4220

Map

Virtual Tour

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Listed by Michael O'Connor · Douglas Elliman
MLS# 1191394056 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,036,000

%
Est. Monthly$7,523
Principal & Interest$7,067
Property Tax$456

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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