740 S Lake Avenue, Delray Beach, FL

$1,295,000

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3

Beds

2

Baths

1,900

Square feet

0.17

Acres

About 740 S Lake Avenue

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.

Features of 740 S Lake Avenue

MLS® # B26080087
Price $1,295,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,900
Acres 0.17
Year Built 1955
Type Residential
Sub-Type Single Family Homes
Status New

Community Information

Address 740 S Lake Avenue
Area 4220
Subdivision LA HACIENDA DELRAY
City Delray Beach
County Palm Beach
State FL
Zip Code 33483
HOPA No Hopa

Amenities

Utilities Electricity Available, Water Available
Parking Garage, Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Other
Appliances Cooktop, Dryer, Refrigerator, Washer
Heating Other
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Roof Metal
Construction Wood Frame

Additional Information

Zoning RL (city)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman

Listing Map

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