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501 Lake Drive, Delray Beach, Florida 33444

Pending
$1,150,000
  • Beds 2
  • Baths 2
  • Sq Ft 2,161 Sqft
  • Visits: 9 in 21 days

Description

Seize the opportunity to renovate, build new, or develop an investment property on this expansive 9,375 square foot lot, ideally situated in the coveted Lake Ida neighborhood of Delray Beach. This prime piece of real estate offers the perfect chance to immerse yourself in one of Delray’s most prestigious areas, just blocks from the vibrant Atlantic Avenue. Lake Ida is a rapidly growing community, with a surge of new construction projects enhancing its appeal. Newly built homes in the vicinity are commanding prices well over $3 million, underscoring the potential for substantial returns on investment. The property benefits from proximity to numerous local builders, making the development process seamless. Enjoy easy access to an array of area attractions, including

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Delray Beach
  • Subdivision: TOTTERDALE ADD
  • Zipcode: 33444
  • Street: Lake
  • Street Number: 501
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 55′ 18.1”
  • Latitude: N26° 28′ 54.6”
  • Directions: Directions: From Swinton, Turn West on NW 17th Street, straight past NW 4th Ave,
  • MLS Area: 4460

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Development Status: New Construction
  • Elementary School: Plumosa School of the Arts
  • Garage Spaces: 1
  • High School: Atlantic High School
  • Insurance Expense: $0
  • Middle Or Junior School: Carver Middle School
  • New Taxes Expense: $0
  • Stories Total: 1
  • Tax Annual Amount: $5,575
  • Tax Year: 2023
  • Zoning: R-1-AA

Location

Listing Updated: 2024-07-19 21:42:22

  • Property Type : Single Family
  • Listing Type : For Sale
  • Listing ID : RX-11003298
  • Price : $1,150,000
  • View : Garden
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 2,161 Sqft
  • Year Built : 1971
  • Lot Area : 0 Acre
  • Listing Status : Pending
  • Days On Market : 0
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