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.
Listing last checked: Listing updated:
Listed by Michael Patrick O'Connor, Nicholas Paul Malinosky · Douglas Elliman · MLS #B26080087
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- Other
- Cooling
- Central Air
- Flooring
- Other
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1955
- Garage
- 1
- Parking
- 5
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.17 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RL (city)
Financial2 property facts
- Annual taxes
- $5,469
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,295,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,004 / monthAdjust
- Principal & interest
- $6,548
- Property tax
- $456
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,469. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$2,500 · Sold $2,500 · Nov 7, 2023
Explore more of Delray Beach
Continue your search in Delray Beach.
Need help making sense of this home?
About 740 S LAKE Avenue
Can I request a private showing?
Request a tour of 740 S LAKE Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

