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Two-Residence Duplex with Carport
New
For Sale
$1,295,000

713 S Lake Ave, Delray Beach, FL 33483

A detached rear dwelling has its own address and city-verified multifamily rental use.

Property Size1,064 SF
Price / SF$1,217
Days on Market4

Property Features for 713 S Lake Ave

General Information

Standard status Active
Size 1,064 SF
Property subtype Multi-Unit (2-4)

Property Condition

Severity Repairs Needed
Evidence handyman special

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

Lot Size Square Feet: 7815
Asphalt Roof
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Driveway
4 Bedrooms
Residential Style: Ranch, One Story, Built in 1946, Community Laundry, Community Pets Allowed
Above Area Square Feet: 1064
2 Full Baths
Waterfront Access
Wood Siding

Building Details

Year Built 1946
Buildings 2
Listing Agency: CENTURY 21 SUNBELT REALTY
Listed By: Jayson Burtch · License #274501012
Source: Doyle-realty
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 1 at 3:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 SUNBELT REALTY

Rey
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Investment Insights

Based on property information with market context.

The property contains a 3-bedroom, 1-bathroom main residence with a carport and a detached rear home configured with 1 bedroom and 1 bathroom. The rear residence has a separate address and is city-verified for multifamily rental use. The property was built in 1946.

A walking path provides beach access about 1/4 mile away. Shopping and dining are nearby, with Atlantic Avenue and downtown Delray Beach a short drive from the property.

Key Highlights

  • Two residences: a 3‑bedroom, 1‑bathroom main home and detached 1‑bedroom, 1‑bathroom rear home
  • Rear residence has its own separate address and city‑verified multifamily rental use
  • Main residence includes a carport

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

Demographics for 33483, FL

13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A detached rear dwelling has its own address and city-verified multifamily rental use.
Where is this duplex located?
The property is located at 713 S Lake Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Two residences: a 3‑bedroom, 1‑bathroom main home and detached 1‑bedroom, 1‑bathroom rear home; Rear residence has its own separate address and city‑verified multifamily rental use; Main residence includes a carport
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