$1,495,000
For Sale

240242 Avenue L

Delray Beach, FL 33483
3428 sqft | 5 beds | 4 baths | #RX-11023832
Browse 58 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

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 a large 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!

  • Interior Details
      • InteriorCtdrl/Vault Ceilings, Walk-in Closet, Upstairs Living Area, Split Bedroom, French Door, Foyer, Closet Cabinets, Built-in Shelves
    • Heating & Cooling
      • CoolingCeiling Fan, Central, Electric
      • HeatingElectric, Central
    • Beds & Baths
      • Bedrooms5
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Exterior FeaturesCovered Balcony, Covered Patio, Fence, Open Patio, Open Porch, Room for Pool, Screened Balcony, Screened Patio
      • Exterior MaterialsCovered Balcony, Covered Patio, Fence, Open Patio, Open Porch, Room for Pool, Screened Balcony, Screened Patio
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • ViewGarden
    • Measurements
      • Square Feet3428
    • Parking
      • Parking TypeGarage
      • Parking Spaces2
      • Parking Garage1
  • Construction Details
      • StyleDup/Tri/Row, Townhouse
      • Property TypePurchase
    • Condition
      • Year Built1990
    • Material information
      • RoofBarrel
  • Utilities / Energy Details
      • Utility FeaturesPublic Sewer, Public Water
  • Community and Neighborhood Details
      • SubdivisionFAVALE ESTATES
    • Location
      • Middle SchoolBoca Raton Community Middle School
      • High SchoolBoca Raton Community High School
      • Elementary SchoolPine Grove Elementary School
      • CountyPalm Beach
      • ZoningRM(cit
  • Financial Details
      • Original List Price$1,595,000
      • Taxes Annual$15,610
  • Other
      • MLS #RX-11023832

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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