For SaleRisky Deal0 days on market
740 S LAKE Avenue
740 S LAKE Avenue, Delray Beach, FL 33483, Delray Beach, FL 33483
$1,295,000
Estimate®:$1,203,700
Listing Price
740 S LAKE Avenue, Delray Beach, FL 33483
Loc: Delray Beach, FL
Days Listed
0
Tax Assessed
$925k
Estimate®
$1204k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$3,685/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Plumosa School Of The Arts
PK-8
0.7 mi away
5
Atlantic High School
9-12
2.4 mi away
3
Carver Middle School
6-8
3.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
tropicalcoastalresidentialstucco exteriortile roofingswimming poollush landscapingwaterfront proximitypalm treessingle-family homegated community vibeserenesun-drenched
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.33%
Total ROI
-12.3%
Cash Flow
$-5,285/mo
DSCR
0.21
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,285/mo net cash flow with a 1.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Delray Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $1,295,000 | $682 |
| 2020-07-22 | Listing removed | $2,250 | $1 |
| 2020-06-02 | Listed for rent | $2,250 | $1 |
| 2011-02-26 | Listing removed | $175,000 | $92 |
| 2011-01-22 | Listed for sale | $175,000 | $92 |
| 2008-05-23 | Listing removed | $495,000 | $261 |
| 2008-04-18 | Listed for sale | $495,000 | $261 |
| 2001-06-11 | Sold | $72,500 | $38 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,469 | $308,074 |
| 2024 | $5,170 | $299,392 |
| 2023 | $5,172 | $290,672 |
| 2022 | $5,115 | $282,206 |
| 2021 | $5,109 | $273,986 |
| 2020 | $5,065.77 | $270,203 |
| 2019 | $4,998.49 | $264,128 |
| 2018 | $4,998.49 | $259,203 |
| 2017 | $4,790.31 | $253,872 |
| 2016 | $4,765.34 | $248,650 |
| 2015 | $4,780.22 | $246,922 |
| 2014 | $5,593.61 | $233,276 |
| 2011 | $5,467.56 | $216,801 |
| 2010 | $5,343.74 | $210,588 |
| 2009 | $5,602.23 | $229,632 |
| 2008 | $6,662.08 | $308,401 |
| 2007 | $6,710.7 | $318,996 |
| 2006 | $9,195.46 | $403,893 |
| 2005 | $0 | $268,158 |
| 2004 | $3,356.14 | $225,693 |
| 2003 | $158 | $205,586 |
| 2002 | $2,994.94 | $117,834 |
| 2001 | $2,653.4 | $102,486 |
| 2000 | $2,054.82 | $78,772 |
| 1999 | $2,481.34 | $104,591 |
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