740 S LAKE Avenue, Delray Beach, FL 33483

• 3 beds |
• 2 baths |
• 1,900 sqft

Property 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 multimillion-dollar new construction homes, all within minutes of downtown Atlantic Avenue, and the ocean.

Listing Status:

Active

Date Added:

September 24, 2026

Data Last Updated:

September 28, 2026 at 5:17AM

Listing Office:

Douglas Elliman : 561-278-5570

Listing Agent:

Michael Patrick O'Connor : 561-414-1249

MLS ID:

B26080087

Interior

• General: Other
• Appliances: CooktopDryerRefrigeratorWasher
• Flooring: Other
• A/C: Central Air
• Heating: Other
• Disability Feature: None

Exterior

• Parking: AttachedGarageParking spaces: 5

Construction

• Roofing: Metal
• General: Wood Frame2

Location

• Originating MLS: BEACH_BEACH
• County: Palm Beach

Lot

• Zoning: RL (city)LA HACIENDA DELRAY LT 17 & 8 FT ABND ALLEY LYG S OF & ADJ TO~ BLK E12434609110050170

Utilities

• Utilities: Electricity AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH