Property Details
| Sold Price | $1,077,996 |
|---|---|
| Last Asking Price | $1,150,000 |
| Price per SqFt | $831 |
| Maintenance fee | Inquire |
| Property Taxes | $5,575 2023 |
| Interior Space | 1,297 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1971 |
| Garage | 1 space |
| Pool | No |
| Lot Size | 0.22 acres |
| Closed Date | 8/13/2024 |
| MLS # | R11003298 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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 fine dining, shopping, entertainment, the renowned Delray Tennis Center, and the pristine beaches that define this Floridian paradise. Whether you envision constructing your dream home or a lucrative investment property, this lot offers the ideal canvas. Embrace the opportunity to join a flourishing community and indulge in the quintessential Delray Beach lifestyle.
Listed by RE/MAX Direct
Sales History for This Home · 501 Lake Drive, Delray Beach, FL 33444
Sales history is unavailable for this property
Listed by RE/MAX Direct. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Delray Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.