50 photos
713 S Lake Ave
Delray Beach, FL 33483
Listing courtesy of Century 21 Sunbelt Realty. Contact: [email protected].
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 OWN SEPARATE ADDRESS! The legally grandfathered rear residence is city-verified for multifamily rental use. This handyman special offers endless possibilities: renovate both homes for rental income, live in one and rent the other, or build your dream home! Surrounded by newer luxury homes in a growing neighborhood. Shopping and dining are nearby, with vibrant Atlantic Avenue, downtown Delray Beach, and beautiful beaches just a short drive away. Enjoy beach access just 1/4 mile away via a walking path. Bring your vision!
- Principal and interest
- $6,548
- Property tax
- $1,828
- Homeowners insurance
- $808
- HOA
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.