About This Home

This 3-bedroom, 2-bathroom single family at 740 S LAKE Avenue in Delray Beach, FL is listed for $1,295,000 ($682 per sqft). Built in 1955, the home offers 1,900 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1955
  • 0.17 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
2 full
1-car garage
1955

Amenities

A/C
Listing Description

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 multim

illion-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.

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

740 S LAKE Avenue

Delray Beach, FL 33483

LA HACIENDA DELRAY

Property Details

Construction

Wood Frame

Parking

Garage - AttachedGarage

Cooling

Central Air

Appliances

CooktopDryerRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 740 S LAKE Avenue is listed at $1,295,000 ($682/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 1955, 0.17 acre lot, 2 stories, 5 parking spaces.

This property is listed by Michael Patrick O'Connor.

MO

Michael Patrick O'Connor

License 3380134

Agent at Douglas Elliman

Listed by Douglas Elliman · Broker phone: (561) 249-4808 · View on Broker Site · Broker website

MLS# B26080087· Source: BeachesMLS· 36 days on PropertySimple

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

740 S LAKE Avenue, Delray Beach, FL 33483

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