Delray Beach, FL 33444,501 Lake DR
Delray Beach, FL 33444,501 Lake DR
Delray Beach, FL 33444,501 Lake DR
Delray Beach, FL 33444,501 Lake DR
Delray Beach, FL 33444,501 Lake DR
Delray Beach, FL 33444,501 Lake DR
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Listed by Re/Max Direct
Bought with Posh Properties

$1,077,995

$1,150,000

6.3%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,297 SqFt


SOLD DATE : 08/13/2024

Key Details

Sold Price $1,077,995

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,297 sqft

Price per Sqft $831

Subdivision Totterdale Add

MLS Listing ID RX-11003298

Sold Date 08/13/24

Style Traditional

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $5,574

Tax Year 2023

Lot Size 9,375 Sqft

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

Location

State FL

County Palm Beach

Area 4460

Zoning R-1-AA

Rooms

Other Rooms Family, Florida

Master Bath Mstr Bdrm - Ground

Interior

Interior Features Pantry, Split Bedroom, Walk-in Closet

Heating Central, Electric

Cooling Central, Electric

Flooring Carpet, Tile

Furnishings Unfurnished

Exterior

Parking Features Driveway, Garage - Attached

Garage Spaces 1.0

Utilities Available Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Roof Type Concrete Tile

Exposure South

Private Pool No

Building

Lot Description < 1/4 Acre, Paved Road, West of US-1

Story 1.00

Foundation Block, Concrete, Stucco

Construction Status Resale

Schools

Elementary Schools Plumosa School Of The Arts

Middle Schools Carver Middle School

High Schools Atlantic High School

Others

Pets Allowed Yes

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, VA

Horse Property No

Membership Fee Required No

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

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