Recently Listed New Construction 723 Lake Avenue N
Delray Beach, FL, 33483 $ 2,995,000
Bedrooms3 Baths3.1 Sq 3,175 Monthly Estimate*
$ 18,441
for $2,995,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,175 square foot townhouse was built in 2025.
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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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Concrete
Appliances Dryer Dishwasher Washer
Garage Spaces 2
Construction Materials Block
Pets Allowed No Pet Restrictions Pet Fee Yes
Year Built 2025
Electric 3 Phase
Stories Count 2
Levels Two
Property Subtype Townhouse
Tax Year 2025
Waterfront Features None
Accessibility None
County Palm Beach
New Construction true
Property Type Residential
Attached Garage true
Subdivision Name LA HACIENDA DELRAY
Facing Direction South
Garage Y/N true
Total Rooms 4
Full Baths 3
Status Active
High School Atlantic
City Delray Beach
Senior Community Y/N false
MLS Area 4220
Carport Y/N false
Elementary School Plumosa School of the Arts K-8
Tax Annual Amount 23021
Middle/Junior High School Carver Community
Property Condition New Construction
Virtual Tour https://www.propertypanorama.com/723-Lake-Avenue-Delray-Beach-FL-33483/unbranded
Standard Status Active
Property Sub Type Additional Townhouse
Legal Description LA HACIENDA DELRAY LT 8~ W 1/2 OF LT 9 & 8 FT ABND ALLEY LYG N OF & ADJ TO~ BLK C
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InteriorInterior Amenities Dual Sinks Kitchen Island Walk-In Closet(s)
Flooring Other
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Laundry Features Inside
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 0
Main Level Bathrooms 0
Total Baths 4
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ExteriorParking Features Attached Garage
Water Source Public
Total Parking 2
Building Area Total 4008
Waterfront Y/N false
Covered Spaces 2
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* Excluded FeaturesList ByRichard LemonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $18,441
- Monthly Property Taxes
- $1,918
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTownhouse listings in Delray Beach, FL
Average List Price $1,431,344
Percent of Sale Price 52%
About Delray Beach, FL 66,998 Population
11% Since 2002
$ 55,643 Median Income
46.56 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
739110 Middle School
Atlantic High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/11/2026 | $2,995,000 | -4.77% | Price Down |
| 2/20/2026 | $3,145,000 | | Listed Price |