Single Family Detached Sold

501 Lake Drive, Delray Beach, FL 33444

$1,150,000
2 Bedrooms
2 Bathrooms
Property 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

Basic Details
Listing Type : Sold
Price : $1,150,000
Bedrooms : 2
Bathrooms : 2
Full Bathrooms : 2
Field 3132 : None
Features
: Central, Electric
: Patio
: Driveway, Garage - Attached
Central,Electric
Carpet,Tile
Yes
Concrete Tile
Unfurnished
Location
US
FL
Palm Beach
Delray Beach
33444
Directions: From Swinton, Turn West on NW 17th Street, straight past NW 4th Ave,
501 Lake Drive, Delray Beach, Fl 33444
Extended Details
Pantry,Split Bedroom,Walk-in Closet
Virtual Tour URL
TOTTERDALE ADD
08.13.2024
Plumosa School of the Arts
Carver Middle School
Atlantic High School
Block,Concrete,Stucco
No
None
Traditional
Cash,Conventional,VA
Electric,Public Sewer,Public Water
Auto Garage Open,Dishwasher,Range - Electric,Refrigerator,Water Heater - Elec
None
9375.00
08.13.2024
1.00
No
1077995.50
No
Cash
South
None
R-1-AA
None
2023
At Closing,Funding
$0
Re/Max Direct
Brett A Colby
2161
1.00
5574.70
beachesmls
Property TypeSingle Family Detached
StatusClosed
Listing IDRX-11003298
Year Built1971
TaxCity/County,Homestead
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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