723 Lake Avenue N, Delray Beach, FL 33483

$2,995,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,008 Status: Active
Current Price: $2,995,000 List Date: 1/02/2026 Last Modified: 3/22/2026

Description

Paloma Villas presents two luxurious two-story townhomes developed by Stamm Development Group. Each residence offers an elevated living experience with careful attention to scale, materials, and seamless indoor-outdoor flow. Inside, the 3,175 square feet of living space under air and the 4,008 square feet of total gross area per unit are thoughtfully laid out to maximize comfort and function. The primary suite sits on the second floor for enhanced privacy, while a versatile second-floor flex room provides a flexible space for a home office, media area, or workout zone.

Supplements: The design includes 3 bedrooms/3.5 bathrooms, plus a bonus flex room, with 12-foot ceilings on the ground floor and 10-foot ceilings upstairs, creating a grand, airy atmosphere throughout. The interiors are anchored by engineered hard oak flooring that runs across the main living areas, with the exception of the bathrooms and laundry room. Eight-foot solid-core interior doors and recessed LED lighting contribute to a clean, modern aesthetic. The home is pre-wired for a centralized home automation system and features speaker wiring in the living room, kitchen, and covered loggia, enabling a streamlined and integrated smart living experience. It's also pre-wired for future motorized shades and exterior cameras at all entry points, ensuring ease of expansion and enhanced security. Custom vanity cabinetry, designed and manufactured by a local vendor, adds a bespoke touch to the bathroom spaces, including a primary bathroom that features a soaking tub and a shower equipped with a hand shower, showerhead, and shower arm with a diverter; the secondary showers also include a hand shower, showerhead, and diverter. Paloma Villas goes beyond interior luxury with outdoor living that rivals resort settings. Each unit includes a private saltwater pool and an outdoor kitchen equipped with a gas grill and an under-counter refrigerator, creating an ideal space for entertaining year-round. The landscaping package features an artful mix of trees, palms, accents, and groundcovers, all enclosed by privacy walls to cultivate intimate, secluded environments. For parking, each townhome includes a two-car garage and additional outdoor spaces, ensuring convenience for residents and guests alike. Enjoy a walking trail to George Bush Blvd for easy access to the beach and A1A. This development embodies a balance of sophisticated finishes, practical design, and a vibrant lifestyle, offering a rare combination of private retreat and modern convenience in Paloma Villas.

More Information MLS# R11150780

Contract Information

Comp Sale YN: No Listing Contract Date: 2026-01-02 Status: Active Original List Price: 3195000 List Price: $2,995,000 Current Price: $2,995,000 Listing Service: Full Service

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Delray Beach Postal Zip: 33483 Special Assessment YN: No Country: United States Street Number: 723 Street Name: Lake Street Suffix: Avenue Street Direction Suffix: N State Or Province: FL Postal Code: 33483 Subdivision Name: LA HACIENDA DELRAY Area: 4220 Elementary School: Plumosa School of the Arts K-8 Middle Or Junior School: Carver Community High School: Atlantic Parcel Number: 12434609110030080 Zoning: RL(cit

General Property Information

Unit Floor #: 1 Living Area Main: 3175 Living Area Source: Builder Accessibility Features YN: No Gated Community YN: No Senior Community YN: No Stories Total: 2 Stories: 2 Pool Private YN: Yes Property Sub Type: Townhouse Bedrooms Total: 3 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Building Area Main: 4008 Building Area Source: Builder Year Built: 2025 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Parking Total: 2 Direction Faces: South

Financial Information

Master Association YN: No Estimated Monthly Assoc Recurring Fee: 0 Membership Fee Required YN: No Tax Annual Amount: 23021 Tax Year: 2025 Tax Legal Description: LA HACIENDA DELRAY LT 8~ W 1/2 OF LT 9 & 8 FT ABND ALLEY LYG N OF & ADJ TO~ BLK C

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: 1

Flooring

Other: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

New Construction: 1

Special Listing Conditions

Standard: 1

Structure Type

Townhouse: 1

Possession

Close Of Escrow: 1

Qualifying Requirements

Minimum Credit Score YN: No

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Central: 1

Water Access

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Kitchen Island: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Concrete: 1

Water Source

Public: 1

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1 Call Listing Office: 1

Master Bedroom/Bath

Dual Sinks: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pet Details

Pet Fee YN: Yes Pet Fee: 0

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Room Types

Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Upper

Price Calculations

Current Price To SqFt: 747.25

Status Change Information

Major Change Timestamp: 2026-03-11T19:28:18Z Major Change Type: Price Reduced Price Change Timestamp: 2026-03-11T19:28:18Z Status Change Date: 2026-01-02

Originating Details

Originating System Key: 20251114181843638640000000 Originating System ID: M00000170

Property Features

Electric: Three Phase Flooring: Other Parking Features: Attached Garage; Garage Property Condition: New Construction Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Washer Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Kitchen Island; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete Sewer: Public Sewer Structure Type: Townhouse Tax Information: City/County Utilities: Cable Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Call Listing Office Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Room Information

Living Room Length: 19.10 Length: 19.10 Width: 21.10 Width: 21.10 Level: Main Kitchen Length: 14.00 Length: 14.00 Width: 13.50 Width: 13.50 Level: Main Master Bedroom Length: 16.11 Length: 16.11 Width: 10.50 Width: 10.50 Level: Upper Laundry
Listing Office: Serhant
IDX
Last Updated: March - 22 - 2026
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