740 S LAKE Avenue, Delray Beach, FL 33483

About 740 S LAKE Avenue, Delray Beach, FL 33483

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.

How This Listing Compares in Delray Beach

Per square foot, it is asking 159% above the Delray Beach median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Delray Beach; a starting point, not an appraisal.

Home Features at 740 S LAKE Avenue, Delray Beach, FL 33483

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Other

Appliances

Dryer, Refrigerator, Washer

Flooring

Other

Heating

Other

Cooling

Central Air

Garage Spaces

1

Attached Garage

Yes

Parking Features

1 Space, Parking Garage

Pool Private

No

Year Built Details

Resale

Direction Faces

North

The Building at 740 S LAKE Avenue, Delray Beach, FL 33483

Building Area Total

1900

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Pets Allowed

Yes

Lot, Views & Construction at 740 S LAKE Avenue, Delray Beach, FL 33483

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

7,405

Waterfront

No

View

No

Roof

Metal, Metal Roof

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Taxes & Public Record for 740 S LAKE Avenue, Delray Beach, FL 33483

Parcel Number

12434609110050170

Tax Annual Amount

$5,469

Tax Year

2,025

Tax Legal Description

LA HACIENDA DELRAY LT 17 & 8 FT ABND ALLEY LYG S OF & ADJ TO~ BLK E

Zoning

RL (city)

County Or Parish

Palm Beach County

Map & Neighborhood