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240/242 Avenue L, Delray Beach, FL – $1,495,000

  • 5 Beds
  • 4 Baths
  • 3,428 Sqft
  • .18 Acres
  • 5 Beds
  • 4 Baths
  • 3,428 Sqft
  • .18 Acres

240/242 Avenue L

Discover a rare gem nestled just a block away from the scenic Intracoastal Waterway in the highly desirable Tropic Isle community. This custom-built duplex offers an ideal blend of comfort, convenience, and investment potential, perfect for the discerning buyer with absolutely no HOA fees or rental restrictions. Each unit features a spacious living area, large eat-in kitchen, split bedroom floor plan, large master bedroom with ensuite bath, an abundance of storage, gated courtyard, private one car garage, separate water and electric meters, and plenty of parking for residents and guests alike. Standout features in the 3 bed/2 bath upstairs unit (1,856 sf) include soaring vaulted ceilings, new gray laminate flooring in the main living areas, French doors, two screened balconies, and alarge walk-in closet in the master bedroom. While the 2 bed/2 bath downstairs unit (1,572 sf) has a screened-in patio leading to the fenced backyard and an open patio off the living room. This prime East Delray location caters to an active, coastal lifestyle, with pristine beaches, trendy boutiques, fine dining, and the vibrant nightlife of Delray's Atlantic Avenue just minutes away, making it a perfect choice for both homeowners and investors. Whether you're looking for a multi-generational living solution, a primary residence with rental income, or a standalone investment, this versatile property offers an unmatched combination of space, luxury, and location. Don't let this Tropic Isle treasure slip away!

Essential Information

  • MLS® #RX-11023832
  • Price$1,495,000
  • Bedrooms5
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,428
  • Acres0.18
  • Year Built1990
  • TypeResidential
  • Sub-TypeTownhomes/Villas
  • StyleTownhouse, Dup/Tri/Row
  • StatusActive

Community Information

  • Address240/242 Avenue L
  • Area4230
  • SubdivisionFAVALE ESTATES
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

Amenities

  • AmenitiesBike - Jog
  • UtilitiesPublic Sewer, Public Water
  • # of Garages2
  • ViewGarden
  • WaterfrontNone

Parking

2+ Spaces, Driveway, Garage - Attached, RV/Boat

Interior

  • HeatingCentral, Electric
  • CoolingCeiling Fan, Central, Electric
  • # of Stories2
  • Stories2.00

Interior Features

Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Foyer, Split Bedroom, Upstairs Living Area, Walk-in Closet, French Door

Appliances

Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Elec

Exterior

  • Lot Description< 1/4 Acre
  • WindowsBlinds, Sliding, Verticals
  • RoofBarrel
  • ConstructionCBS

Exterior Features

Covered Balcony, Covered Patio, Fence, Open Patio, Open Porch, Room for Pool, Screened Patio, Screened Balcony

School Information

  • ElementaryPine Grove Elementary School

Middle

Boca Raton Community Middle School

High

Boca Raton Community High School

Additional Information

  • Listing Courtesy ofRE/MAX Services
  • Date ListedSeptember 25th, 2024
  • ZoningRM(cit
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Price Change History for 240/242 Avenue L, Delray Beach, FL (MLS® #RX-11023832)

Date Details Change
Price Reduced from $1,595,000 to $1,495,000 $100,000 (6.27%)

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