713 S LAKE Avenue, Delray Beach FL 33483

$1,295,000

Description

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!

Listing courtesy of Jayson M. Burtch, Century 21 Sunbelt Realty · Updated 11/1/2026