Modern Living Group
Palm Trail Delray Beach Residence
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Palm Trail Delray Beach Residence photo 1
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$1,295,000UNDER CONTRACT

740 S LAKE Avenue, Delray Beach, FL 33483

3beds2baths1,900sq ft$682/ sq ft
THE RESIDENCE

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. 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.

THE DETAILS

Property details

List Price$1,295,000
Price / Sq Ft$682
Bedrooms3
Bathrooms2
Inside Sq Ft1,900
Lot Size0.17 acres
Year Built1955
PoolNo
Garage1
ConstructionWoodFrame
Days on Market26
Property TypeSingleFamilyResidence
MLS #B26080087
StatusUnder Contract
Original List Price$1,295,000
PetsAllowed (restrictions)
Stories1
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WaterfrontNo
Direction FacesNorth
Annual Taxes (2025)$5,469
FlooringOther
CityDelray Beach
Zip Code33483
LOCATION

Where you'll live

Palm Trail Delray Beach

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Christa Hatton
FEATURED AGENT
Christa Hatton
Boca Raton / Delray Specialist

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