About This Home

This 4-bedroom, 2-bathroom residential multi family at 713 S Lake Ave in Delray Beach, FL is listed for $1,295,000 ($1,217 per sqft). Built in 1946, the home offers 1,064 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1946
  • 0.18 acre lot
  • Waterfront

Property Details

1 story
2 full
1946

Amenities

Waterfront
Listing Description

TWO LEGAL RESIDENCES in desirable Delray Beach! An exceptional investment opportunity featuring a 3-bedroom, 1-bathroom main home with carport and a detached 1-bedroom, 1-bathroom rear home with its OWNSEPARATE ADDRESS! The legally grandfathered rear residence is city-verified for multifamily rental use.

Thishandyman special offers endless possibilities: renovate both homes for rental income, live in one and rent theother, or build your dream home! Surrounded by newer luxury homes in a growing neighborhood. Shopping anddining are nearby, with vibrant Atlantic Avenue, downtown Delray Beach, and beautiful beaches just a shortdrive away. Enjoy beach access just 1/4 mile away via a walking path. Bring your vision!

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

713 S Lake Ave

Delray Beach, FL 33483

Property Details

Construction

Wood Siding

Parking

Driveway

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 713 S Lake Ave is listed at $1,295,000 ($1,217/sqft). The estimated monthly payment is $6,926 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.18 acre lot, Waterfront.

This property is listed by Jayson Burtch.

JB

Jayson Burtch

Agent at CENTURY 21 SUNBELT REALTY

Listed by CENTURY 21 SUNBELT REALTY · Broker phone: 941-235-6610 · View on Broker Site

MLS# 12049937· Source: My State MLS· 4 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

713 S Lake Ave, Delray Beach, FL 33483

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