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+41 photosEast Delray Beach 724 N. Lake Ave — 724 N LAKE Avenue N · La Hacienda Delray · Delray Beach















































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Open property magazine$3,095,000
724 N LAKE Avenue N, Delray Beach, FL 33483
Delray Beach, FL, 33483
3 bd · 4 ba · 3,333 sqft
Listed by Lang Realty/Delray Beach
724 N LAKE Avenue N, Delray Beach, FL 33483
Listed by Lang Realty/Delray Beach
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan · Jumbo loan
Jumbo loan: put down about $2,262,250 or more to stay conforming. What's different?
- A bigger down payment, often 10–20% or more
- A higher credit score, often 700+
- More cash reserves, often 6–12 months of payments
- Full income documentation, sometimes a second appraisal on large loans
Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.
Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $16,059/mo
- Property tax (after sale) est.
- $3,130/mo
- Homeowners insurance est.
- $449/mo
- HOA
- $0/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
724 N LAKE Avenue N, Delray Beach, FL 33483
Estimated cash to close est.
$649,643.34
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $2,476,000.00Jumbo loan
Above the 2026 $832,750.00 limit, so the daily jumbo rate is used. Put down about $2,262,250.00 or more to stay conforming.
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$649,643.34
- Down payment est.
- $619,000.00
- Mortgage note documentary stamps est.
- $8,666.00
- Mortgage intangible tax est.
- $4,952.00
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $6,259.67
- Insurance escrow (2 months) est.
- $898.67
- First-year insurance premium est.
- $5,392.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $449 / month
Source: FEMA National Flood Hazard Layer · Date checked: Nov 4, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Nov 4, 2026
- Roof type
- Flat
- Roof year
- 2022 (assumed from year built)
- Impact windows / doors
- Impact Glass (Complete)
- Shutters
- Not provided —
- Window features
- Blinds
- Year built
- 2022
Homeowners insurance: $449 / month est.
- Annual premium est.
- $5,087
- Fees & taxes est.
- $305
- Annual total est.
- $5,392
- Likely range est.
- $4,583–$6,470
- Dwelling coverage est.
- $1,187,381
- Other structures est.
- $23,748
- Personal property est.
- $237,476
- Loss of use est.
- $118,738
- Hurricane deductible (2%) est.
- $23,748
Based on the listing: 3,333 sq ft · built 2022 · 2 stories · roof from 2022 · impact windows / shutters · luxury finish level.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · inland rating band · gable roof · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesDiscover sophisticated contemporary living in this elegantly appointed townhome, built in 2022 by Stamm Development Group, ideally situated in one of East Delray Beach's most desirable residential neighborhoods near Palm Trail. Featuring 3 bedrooms, 3 full bathrooms, a powder room, and a dedicated flex space currently used as an office, this distinctive residence seamlessly blends modern architecture, refined interiors, thoughtful upgrades, and seamless indoor-outdoor living. Just minutes from the beach and the acclaimed restaurants, boutiques, galleries, and entertainment of Atlantic Avenue, this home offers an ideal balance of privacy, luxury, and convenience in a premier coastal setting. From its architecturally distinctive exterior to its lush, privately landscaped backyard, every detail reflects a commitment to contemporary design and comfortable living. The front elevation features architectural screening, stone accents, and enhanced curb appeal, introducing the sophisticated aesthetic found throughout the home. Inside, an inviting open-concept floor plan is filled with natural light, complemented by warm wood flooring, soaring ceilings, expansive floor-to-ceiling glass, and impressive nine-foot sliding glass doors. The spacious great room features custom floating cabinetry with integrated storage and display shelving, motorized shades, and oversized sliding doors that frame peaceful views of the private backyard and pool. A sleek glass-railed staircase adds a modern architectural touch, while the powder room makes a memorable impression with its blue accent wall, floating contemporary vanity, integrated sink, and streamlined fixtures. Designed for elevated, entertaining and effortless everyday living, the chef's kitchen serves as a focal point of the home. Extensive custom cabinetry, a dramatic waterfall-edge island with a convenient snack bar, and a beverage refrigerator combine style with functionality. Floor-to-ceiling cabinetry conceals a fully integrated panel-front refrigerator and a discreet pantry entrance, maintaining a clean, cohesive aesthetic. The kitchen flows naturally into the dining and living areas, creating an inviting environment for intimate dinners and larger gatherings. Upstairs, the thoughtfully designed split-bedroom floor plan features three spacious ensuite bedrooms, providing comfort and privacy for residents and guests. The generously sized primary suite offers a peaceful retreat, highlighted by a decorative accent wall and a spa-inspired bathroom with a freestanding soaking tub, oversized shower with dual showerheads, and contemporary large-format tile finishes. An additional flex space, currently serving as a private office, provides versatility for working from home, studying, or creating a personal retreat. An upstairs coffee and beverage bar with an under-counter refrigerator adds a layer of convenience, while the oversized second-floor laundry room offers a utility sink, extensive cabinetry, and ample storage. The outdoor living spaces are a defining feature of the property. Designed to maximize privacy and year-round enjoyment, the fully fenced backyard is surrounded by lush tropical landscaping, creating a secluded sanctuary just minutes from the beach and downtown Delray. A private, heated in-ground swimming pool with a sun shelf invites relaxation under the South Florida sunshine, while low-maintenance artificial turf keeps the grounds looking immaculate. The expansive covered patio features a tongue-and-groove ceiling and a fully equipped summer kitchen with a built-in grill and refrigerator, making outdoor dining and entertaining effortless. A spacious paver patio, coordinating pool surround, and automatic irrigation system complete this inviting outdoor setting, creating the atmosphere of a private resort. Built with the latest technology in mind, the residence combines modern convenience, security, and functionality. Full impact protection and generator readiness provide added peace of mind, while an advanced Control4 smart home automation system offers convenient app-based control and integrated speakers throughout the home. An alarm system with motion sensors and glass-break detection, along with prewiring for exterior security cameras, further enhances security. These modern technological features complement the home's contemporary design and support a connected, comfortable lifestyle. A two-car garage and low-maintenance lot further enhance the home's practicality, complementing its sophisticated design and effortless livability. Ideally positioned in East Delray Beach near the sought-after Palm Trail neighborhood, this residence offers convenient access to the best of coastal South Florida. Spend the day at the nearby beaches, then explore Atlantic Avenue's celebrated dining destinations, boutique shopping, cafés, art galleries, and vibrant nightlife. Surrounded by newer luxury residences, the neighborhood offers a desirable residential atmosphere while keeping the area's most popular attractions within easy reach. Combining contemporary architecture, carefully curated interiors, resort-inspired outdoor living, and advanced smart-home technology, this Stamm Development Group residence presents a compelling opportunity to experience refined coastal living in one of Delray Beach's most coveted locations. From the beautifully designed ensuite bedrooms and chef-inspired kitchen to the heated pool, covered summer kitchen, and lush tropical surroundings, every element contributes to a home that is as functional as it is inviting. Enjoy the privacy of a tranquil retreat with the beach, dining, shopping, and vibrant lifestyle of Atlantic Avenue just moments away.
Property Details

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Your costs (est.)
≈ $19,638/mo
724 N LAKE Avenue N, Delray Beach, FL 33483 · Delray Beach
Location
724 N LAKE Avenue N, Delray Beach, FL 33483
What buyers ask about this home
What are the estimated monthly carrying costs at 724 N LAKE Avenue N, Delray Beach, FL 33483?+
Property tax (after sale): $3,130/month est.; homeowners insurance: $449/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $3,579/month est. Principal and interest: $16,059/month; PMI: $0/month. Total for the payment scenario shown: $19,638/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 724 N LAKE Avenue N, Delray Beach, FL 33483?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 724 N LAKE Avenue N, Delray Beach, FL 33483 need flood insurance, and what drives the premium?+
Most of Delray Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 724 N LAKE Avenue N, Delray Beach, FL 33483?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the pool at 724 N LAKE Avenue N, Delray Beach, FL 33483?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 724 N LAKE Avenue N, Delray Beach, FL 33483?+
This listing has been on the market 21 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Delray Beach. Walkable Atlantic Avenue, award-winning beach, and a vibrant gallery + dining scene.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Plumosa School Of The Arts
Elementary · 0.7 mi from this home · 2501 Seacrest Blvd, Delray Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
Trinity Evangelical Lutheran Chrch Of Del Ray Bch
Elementary · Private · Christian · Grades PK–8 · Delray Beach
American Heritage School - Boca/Delray Palm Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Delray Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Closed sales in the last 12 months, newest first — single-family homes only. Tap a home for its photos and sale facts.
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