$2,995,000

723 LAKE AVE N, DELRAY BEACH, FL 33483

3 beds3.5 baths3,175 sq ftTownhouseBuilt 2025
Updated today, November 3, 2026

This home against Delray Beach

$943 per sq ft, 122% over the Delray Beach median
128 days on the market
$23,021 in property taxes (2025)
11,326 sq ft lot
Private pool
2 car garage

Delray Beach today: 631 homes for sale, median list price $599,900.

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 errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

Near this home

Elementary school: S. D. Spady Elementary School, 1 mi
Middle school: Carver Middle School, 1.4 mi
High school: Atlantic High School, 0.7 mi
Park: Eagle Park, 0.6 mi
Beach: Delray Public Beach, 2 mi
Grocery: MIA Supermarket, 0.7 mi

Distances from the center of DELRAY BEACH. Schools are nearest by distance, not an attendance zone.

Listing courtesy of Premier Estate Properties, Inc. MLS# B26046483.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed June 28, 2026.

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