723 Lake Avenue, Delray Beach, FL 33483
Sources: BeachesMLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
As of September 24, 2026, 723 Lake Avenue in La Hacienda Delray, Delray Beach is listed at $2,995,000 (3,175 sq ft, about $943 per sq ft). That is 25% above La Hacienda Delray's median closed sale of $2,400,000 over the last 12 months (1 recorded sales). Per square foot it is above the community's recent $632/sq ft by about 49%. It has been 86 days on market. Listing facts: new construction, a private pool, no HOA. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- New construction — built 2025
- 3,175 sq ft of living area
- 2-car garage
- Listed at $2,995,000 — recent neighborhood median sale price ~$2,400,000 (nearby sales; deemed reliable, not an appraisal)
- 86 days on market
- HOA ~$50/mo (estimate; confirm)
Pricing & the La Hacienda Delray market
How this home is priced against recent nearby sales, and where La Hacienda Delray has been over 25 years. Momentum Research analysis of Beaches MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in La Hacienda Delray
Each dot is a closed sale since 2001 (54 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). BeachesMLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2013–2025. This home lists at $943/sq ft.
Median sale price by year
12-month median closed price, 2013–2025.
This home’s history
- 2025BuiltPer public record
- Aug 4, 2026First trackedObserved at $2,995,000
- NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Estimated monthly payment
- Principal & interest $15,860/mo 82%
- Taxes $2,621/mo 14%
- Insurance $807/mo 4%
- HOA $50/mo 0%
$19,338/mo at 20% down, 30-yr @ 6.95% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Property taxes
✓ Based on certified county tax rollMany first-time Florida buyers are surprised when property taxes jump after closing. This estimate helps you budget before you make an offer.
Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment doesn’t transfer to a new buyer.
Adjust for your exemptions, portability, and down payment
A market / assessed / taxable trend chart appears here once the prior-year rolls are ingested.
Sources: Florida DOR certified tax roll (2025), BeachesMLS. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill.
Momentum Property Score
37/100 is limited across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟢 Buyer-leaning conditions around this listing. 24.0 months of supply in the surrounding market and 86 days on market for this home, against a 44-day area median.Days on market:this home 86Area median: 44 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. As of September 20, 2026.
🟡 Asking $943 per square foot, about 49% above the community’s $632 median. La Hacienda Delray’s 12-month median sold price per square foot is $632. Confidence: Low · 1 closed sales in 12 monthsMLS facts: BeachesMLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
48% of homes in La Hacienda Delray are owner-occupied. An estimated 52% are non-owner-occupied, including 28% held in a company or trust and 100% out-of-state owners.Why it matters: a high owner-occupied share typically means fewer rentals nearby and steadier resale demand.Source: Florida Department of Revenue 2025 assessment roll (public records), 57 homes matched. Community-level context.
What’s unique here: one of only 2 active listings in La Hacienda Delray, no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated September 24, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
In sought-after Delray Beach, two new-construction, three-bedroom, contemporary Paloma Villas townhomes open to loggias with summer kitchens that adjoin private saltwater pools. The residences convey a grand atmosphere featuring an open-concept, split-bedroom plan detailed by engineered oak flooring, window-walls of glass, and 12-foot ceiling heights downstairs with 10-foot ceilings upstairs. 723 and 725 Lake Avenue North, Delray Beach, Florida: Desirable Paloma Villas is perfectly located between Lake Ida and the Intracoastal Waterway in the La Hacienda Gardens enclave, just minutes from Delray Beach's award-winning sand-carpeted beaches, as well as Downtown Atlantic Avenue's boutique shopping and vibrant dining and nightlife venues.
It is barely 20± minutes from Boca Raton's private executive airport, and an easy 30± minute commute to Palm Beach International Airport. PROPERTY: A brand-new two-townhome complex, Paloma Villas goes beyond interior luxury with outdoor living that rivals resort settings ideal for year-round entertaining. Beautifully landscaped with gardens and sprawling lawns shaded by a verdant mix of trees and palms, each villa is enclosed within high walls providing seclusion and privacy.
Overlooking a private saltwater pool, the covered loggia off the living area of each townhome features an outdoor kitchen equipped with a gas grill and an under-counter refrigerator. For added convenience, each villa comes with a two-car garage and guest parking. RESIDENCE: A new gem in sought-after Delray Beach recently completed by Stamm Development, Paloma Villas comprises two luxurious two-story townhomes, each with three bedrooms, a flex room and 4,008± total square feet.
Each residence, artfully designed with a bold contemporary aesthetic, offers an elevated living experience through careful attention to scale, the use of high-end materials, and a well-conceived, open, airy floor plan optimized for a seamless indoor/outdoor flow. Conveying a grand atmosphere, yhe interiors are beautifully executed to maximize comfort and function, anchored by engineered oak flooring, offering garden-view window-walls of glass, and topped by 12-foot ceilings downstairs and 10-foot ceilings upstairs. The chic living areas are adjoined by a chef's kitchen with streamlined contemporary cabinetry, quartz countertops, high-end appliances and an island accommodating pull-up seating.
With a split-bedroom plan, the primary suite is placed on the second floor for enhanced privacy, while an adjoining versatile, second-floor flex room can easily serve as a private primary sitting area, an office, media room or workout zone. The spa-like primary bathroom is finished with bespoke custom cabinetry designed and manufactured by a local vendor, a soaking tub and a shower equipped with a hand shower, showerhead and a shower arm with a diverter. The guest bathrooms, also spa-like, feature showers with a hand shower, showerhead and a diverter.
Completing the overall layout is a laundry room. Eight-foot, solid-core interior doors and recessed LED lighting contribute to the villas' clean, modern aesthetic, while the townhomes are pre-wired for a centralized home-automation system with speaker-wiring in the living areas, kitchen and covered loggia enabling a streamlined and integrated, smart-living experience. The villas are also pre-wired for future motorized shades and exterior cameras at all entry points ensuring ease of expansion and enhanced security.
Offering the serenity of a private retreat with every modern convenience, these Paloma Villas townhomes balance sophisticated luxury ideal for gracious entertaining with a comfortable, practical design tailored for family living. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to e…
All 65 photos
Description provided by Premier Estate Properties, Inc and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Provided via the BeachesMLS Internet Data Exchange · All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Actual list price: $2,995,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 27% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & finishes — as new construction, builder upgrades and finish level aren't in a sq ft number.
- The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
- Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
- Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.
- The pool — a private pool carries cost and value that living area doesn't capture.
And here's what the live market is doing — which the number above ignores entirely:
- 2 active listings competing, 2 under contract
- ≈24.0 months of supply
- 1 closed here in the last 12 months
For reference, this home is listed at $2,995,000 ($943/sq ft) — a number set with analysis a Messtimate can't do.
Selling your own home? Try the Messtimate on your address →
Methodology: 3,175 sq ft × $556–$708/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 24, 2026.
Similar homes for sale near LA HACIENDA DELRAY
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Newest listings in Delray Beach
- 373 Monaco H #H, Delray Beach · $92,000 · 2 bd / 2.0 ba · listed September 24, 2026 (courtesy of Weichert Realtors Capella Estates)
- 557 Piedmont L, Delray Beach · $185,000 · 2 bd / 2.0 ba · listed September 23, 2026 (courtesy of Signature Best Florida Realty)
- 544 Capri L, Delray Beach · $152,000 · 1 bd / 1.5 ba · listed September 23, 2026 (courtesy of Exit Realty Premier Elite)
- 1745 Palm Cove Boulevard #3-108, Delray Beach · $190,000 · 1 bd / 1.0 ba · listed September 23, 2026 (courtesy of MTRE Groupe LLC)
- 300 Grove Place, Delray Beach · $4,700,000 · 4 bd / 4.5 ba · listed September 23, 2026 (courtesy of Compass Florida LLC)
- 13195 La Sabina Drive, Delray Beach · $499,000 · 3 bd / 2.0 ba · listed September 23, 2026 (courtesy of Salvo Real Estate Services)
Price & listing history
Building permits
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
Seen enough photos?
Want to see 723 Lake Avenue?
Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.
Listed by Premier Estate Properties, Inc · MLS # B26046483
Request a showing
Recent sales activity in LA HACIENDA DELRAY
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the LA HACIENDA DELRAY neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
Go deeper on LA HACIENDA DELRAY
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Palm Beach County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Community 12-month median: $632/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 723 Lake Avenue, chosen from what the record shows. This is general guidance, not advice about this specific property.
- New construction: get the builder's warranty terms and the certificate of occupancy in writing, and ask which finishes shown are upgrades.
- The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
- FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
- Get a homeowners insurance quote for this specific address in Palm Beach County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
- Listed living area is 3,175 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $31,448/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Data sources & freshness
| Listing record | BeachesMLS, refreshed twice daily (last: September 24, 2026) |
| Community market stats | BeachesMLS closed sales, as of September 20, 2026 |
| Flood zone & elevation | FEMA flood maps + USGS elevation (Zone X shown above) |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of BeachesMLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 723 Lake Avenue and when was it built?
Per the listing record, 723 Lake Avenue was built in 2025 and has 3,175 sq ft of living area, 3 bedrooms and 3.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 723 Lake Avenue in?
723 Lake Avenue is in La Hacienda Delray in Delray Beach, Palm Beach County. The community section on this page shows recent closed sales, days on market, and active inventory for La Hacienda Delray from the same MLS data.
Does 723 Lake Avenue have an HOA?
The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.
Why might property taxes on 723 Lake Avenue differ from the current owner's?
The estimate on this page (about $31,448 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 723 Lake Avenue in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
See 723 Lake Avenue in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Momentum Realty · licensed in FL & GA
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: BeachesMLS, Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. All rights reserved.
Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.