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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.
Property Details
Price: $1,295,000
Sq Ft: 1,900
($682 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Delray Beach
County: Palm Beach
Type: Single Family
Development: La Hacienda Delray
Acres: 0.1700
Virtual Tour/Floorplan:
View
Year Built: 1955
Listing Number: B26080087
Status Code: Pending
Taxes: $5,469.02
Tax Year: 2025
Garage:
1
/
Y
Pets Allowed: Yes, No Restrictions
Interior Features:
Other
Financial Information:
Taxes: $5,469.02
Tax Year: 2025
Equipment:
Cooktop
Dryer
Refrigerator
Washer
Additional Information:
MLS Area: 4220
Total Square Footage: 1,900
Price per Square Feet: $681.57
Total Rooms: 3
Total Floors: 1
Water: Public
Construction: Wood Frame
Date Listed: 2026-09-24 00:00:00
Parking: Garage, Attached Garage
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Other
Roof: Metal
Heating: Other
Cooling: Central Air
Pets: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
Parcel ID: 124346091100501
Map of 740 S Lake Ave, Delray Beach, FL 33483
Listing Courtesy Of: Douglas Elliman
michael.oconnor@elliman.com