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 Residence
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

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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