740 S LAKE Avenue, Delray Beach, FL 33483

$1,295,000 · Active

  • 3 beds
  • 2 baths
  • 1,900 sq ft
  • Single Family Residence
  • Built 1955
  • Lot 7,405.2 sq ft
  • 1 garage space
  • Palm Beach County
  • MLS# B26080087
  • La Hacienda Delray
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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.

Features

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · flbroker@elliman.com · Listing agent: Michael Patrick O'Connor

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 740 S LAKE Avenue.

Questions About 740 S LAKE Avenue

How much is 740 S LAKE Avenue?
740 S LAKE Avenue is listed at $1,295,000, which is about $682 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 740 S LAKE Avenue?
The listing reports annual property taxes of $5,469 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 740 S LAKE Avenue built?
740 S LAKE Avenue was built in 1955 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 740 S LAKE Avenue been on the market?
740 S LAKE Avenue has been listed for 24 days. Days on market and price changes are the first signals of how much room there is to negotiate.
How do I see 740 S LAKE Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Nearby ZIP Codes

A comparable home, 1617 ESTUARY Way, Delray Beach, FL 33483, sold for $1,242,000 in October 2026. Delray Beach neighborhoods include Boca Delray and Country Manors. Nearby ZIP codes include 33444 and 33445. This property also neighbors Boynton Beach, Boca Raton, and Lake Worth Beach. Compare it with the Delray Beach housing market report.