Townhouse in 723 Lake Avenue N, Delray Beach, FL 33483 for sale with MLS# R11150780

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. 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.

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723 Lake Avenue N, Delray Beach, FL 33483

Price
Price:
$2,995,000.00
Original List Price:
$3,195,000.00
List Price per Sq Ft (Calculated, Approx.):
$747.25
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Townhouse
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 11, 2026 7:28 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
4
Full Bath:
3
Half Bath:
1
Room Type:
Laundry, Kitchen, Living Room, Master Bedroom
Rooms Total:
4
Master Bedroom Bath:
Dual Sinks
Measures
Living Area:
3,175 Sqft
Built-Up Area:
4,008 Sqft
Building Area Source:
Builder
Living Area Source:
Builder
Property Features
Waterfront:
No
Private Pool
Appliances:
Dryer, Dishwasher, Washer
Interior:
Walk-In Closet(s), Kitchen Island
Laundry:
Inside
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
South
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2025
Roof:
Concrete
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Number of stories:
2
Structure Type:
Townhouse
Stories:
2
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$23,021.00
Tax Year:
2025
Property Tax Details:
City/County
Parking
Parking Total Spaces:
2
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Garage, Attached Garage
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
LA HACIENDA DELRAY
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
12434609110030080
Zoning:
RL(cit
Public Schools Assigned
Elementary School:
Plumosa School Of The Arts K-8
High School:
Atlantic
Middle Or Junior School:
Carver Community
Listing History
Active on the market since:
January 2, 2026
Listing Agreement executed on:
January 2, 2026
Price change occurred on:
March 11, 2026 7:28 pm
Listing Status Last Changed On:
January 2, 2026 1:45 pm
Photos updated on:
March 18, 2026 7:47 pm
Last Modified:
April 16, 2026 7:41 pm
Additional Information
Courtesy of:
Serhant
Attribution:
Not provided
Location
Street Name:
Lake
Street Number:
723
City:
Delray Beach
State:
Florida
Zip Code:
33483
County:
Palm Beach
Latitude:
N26° 28' 49.2''
Longitude:
W81° 56' 6.2''
Street Suffix:
Avenue
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $117,854
Median Home Value $755,700
Median Rent $2,306/mo
Median Age 59
Population 12,595

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This listing can also be located in the MLS system as RX-11150780
Association of REALTORS®
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