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740 S LAKE Avenue, Delray Beach, FL 33483
New listingBeachesMLS
New listingMLS® B26080087
$1,295,000

740 S LAKE Avenue, Delray Beach, FL 33483

Beds
3
Baths
2
Sqft
1,900
Est. payment$7,823/mo
Home type
Single Family Residence
Year built
1955
Lot size
7,405 sqft
Price / sqft
$682
HOA
$0/mo
Community
LA HACIENDA DELRAY

Property description

Exceptional direct Intracoastal opportunity in the heart of Delray Beach. Set on nearly half an acre with 103' of waterfrontage and 175' of depth, 201 Palm Trail represents an estate size lot featuring an existing 5,500 SF residence and the potential to build a custom estate of up to approximately 21,000 total SF. Enjoy the home as-is, lease it, or utilize it while designing your future waterfront estate. Coveted eastern exposure allows the residence, pool and outdoor living areas to capture long water views and morning light. A deep-water dock, corner location and dead-end privacy further distinguish this rare offering. Just minutes from Atlantic Avenue, pristine beaches, world-class dining and boutiques, with Palm Beach, Boca Raton and South Florida's airports within easy reach. An exceptional opportunity along one of Delray Beach's most desirable waterfront corridors, 201 Palm Trail offers a rare combination of location, scale and direct Intracoastal frontage. Set on nearly one-half acre with approximately 103 feet of waterfrontage and 175 feet of depth, this remarkable offering presents a potential to build a new custom estate of up to approximately 21,000 total square feet or enjoy the current 5,500 square foot residence boasting five bedrooms including primary suite with dual bathrooms and walk-in closets, dedicated gym and office, wine room, and three car garage. The orientation is equally compelling. The residence, pool and outdoor living areas face east toward the Intracoastal, capturing beautiful long water views and morning light. This coveted exposure also creates an inviting setting for afternoons by the pool and evenings along the waterfront. A deep-water dock completes the lifestyle, offering convenient boating access to the Intracoastal Waterway and Atlantic Ocean. The existing residence provides tremendous flexibility. Enjoy the home as-is, utilize it as a waterfront retreat, lease the property, or live comfortably while designing and permitting a future custom estate. For those looking to build, the property offers the scale, waterfrontage and orientation to create a truly significant Delray Beach waterfront estate. Positioned on a corner at the end of a quiet street, 201 Palm Trail also offers a rare sense of privacy while remaining just two blocks from downtown Atlantic Avenue and everything that defines the Delray Beach lifestyle. The boutiques, acclaimed restaurants and energy of Atlantic Avenue as well as Delray's pristine beaches are just minutes away. Boca Raton and Palm Beach are within easy reach, along with convenient access to South Florida's private and international airports. With 100+ feet of direct Intracoastal frontage, nearly half an acre, coveted eastern exposure, a deep-water dock and dead-end privacy, 201 Palm Trail is a standout offering in the Delray Beach luxury real estate market. Enjoy an exceptional waterfront residence today or envision a world-class custom estate for tomorrow. 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 activity

Days on market
5
Listed
Sep 24, 2026
MLS listing updated
13 hours ago
Feed last checked
8 minutes ago

Listed by Michael Patrick O'Connor · Douglas Elliman

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0
Main-level bedrooms
2
Main-level bathrooms
2

Rooms & features

Rooms
3
Interior features
Other
Flooring
Other
Appliances
Cooktop, Dryer, Refrigerator, Washer
Fireplace
No

Heating & cooling

Heating
Other
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Carport
No
Parking spaces
5
Covered spaces
1
Parking features
Attached Garage, Garage
Attached garage
Yes

Exterior

Stories
1
Building area
1,900 sqft
Pool
No
Waterfront property
No

Lot

Lot size
7,405 sqft
Lot size (acres)
0.17 acres
Zoning
RL (city)
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Year built
1955
New construction
No

Materials

Construction
Wood Frame
Roof
Metal
Property condition
Resale
Faces
North
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Water Available
Community & HOA

Community

Subdivision
LA HACIENDA DELRAY
MLS area
4220
MLS subarea
PB06
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Delray Beach
County
Palm Beach
ZIP code
33483
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26080087
Possession
Close Of Escrow
Original list price
$1,295,000
Parcel number
12434609110050170
Annual property tax
$5,469.02
Tax year
2025
Tax legal description
LA HACIENDA DELRAY LT 17 & 8 FT ABND ALLEY LYG S OF & ADJ TO~ BLK E
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1900
Construction Materials
Wood Frame
County Or Parish
Palm Beach
Days On Market
5
Direction Faces
North
List Price
1295000
Listing Contract Date
2026-09-24
Living Area
1900
Lot Size Acres
0.17
Lot Size Area
7405
MLSArea Major
4220
MLSArea Minor
PB06
Main Level Bathrooms
2
Main Level Bedrooms
2
Mls Status
Active
On Market Date
2026-09-24
Parking Total
5
Photos Count
7
Postal Code
33483
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-24T17:12:41Z
Stories Total
1
Subdivision Name
LA HACIENDA DELRAY
Water Source
Public
Tax Annual Amount
5469.02
Bathrooms Full
2
Pool Private
No
Bedrooms Total
3
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 24, 2026ListedBeachesMLS$1,295,000$682/sqft

Public tax history

YearProperty taxesAssessment
2025$5,469—

Payment calculator

Estimated monthly payment$7,823/moIllustrative estimate, not a loan offer.
Principal & interest
$6,719
Property taxes
$456
Insurance
$648
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LA HACIENDA DELRAY

Delray Beach · Palm Beach County · 33483

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

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BeachesMLS

BeachesMLS · Listing courtesy of Douglas Elliman. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.