by Global Lifestyle Properties

See Home Value
$1,830,000
● House - Off Market

514 Enfield Road

Delray Beach, FL 33444
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,263 Ft²
$10,817
Est. Monthly

About This Property

Incredible Investment Opportunity in Lake Ida, East Delray Beach!

Unveil the potential of this stunning 3-bedroom, 2-bathroom single-family home, paired with a newly constructed 2-bedroom, 1-bathroom cottage, all situated in the highly desirable Lake Ida community of East Delray Beach! This beautifully updated main residence features refined finishes, vaulted ceilings, and impact-resistant windows and doors, ensuring both style and peace of mind. Enjoy a modern eat-in kitchen equipped with luxurious quartz countertops, stainless steel appliances, and custom cabinetry with soft-close features, perfect for culinary enthusiasts.

Step outside to discover your serene screen-enclosed pool, surrounded by sleek travertine decking and ample outdoor space, ideal for alfresco dining and relaxation under the sun. The brand-new cottage, designed with European-inspired cabinetry and meticulous attention to detail, offers a stylish retreat for guests or tenants, making it an attractive option for discerning buyers.

Currently operating as a successful short-term rental, the main home generates impressive annual gross income of up to $130,000, with additonal future bookings already secured. The cottage boasts projected income potential of $75,000 per year. Both properties come equipped with hurricane impact windows, a durable metal roof, and a brand-new irrigation system, ensuring peace of mind for any homeowner or investor.

The lush, tropical landscaping and charming brick-paved walkways enhance the property's curb appeal, making it a true private oasis. Whether you envision this as your full-time residence, a vacation getaway, or a lucrative investment opportunity, the possibilities are endless. Live in the main home while renting out the cottage, or operate both as separate rentals for maximum income potential.

Located just a short walk, bike ride, or golf cart journey from the vibrant Atlantic Avenue and Pineapple Grove, you'll have easy access to fine dining, boutique shopping, lively green markets, local festivals, and pristine beaches. This slice of paradise in the coveted Lake Ida community offers the perfect blend of relaxation and adventure.

This is your chance to own this exceptional propertyan unparalleled opportunity for both homeowners and investors alike!
Unit Size
2,263 Ft²
Days on Market
102 days
Land Size
0.28 acres
Price per sqft
$840
Property Type
House
Property Taxes
$1,488
HOA Dues
-
Year Built
1990

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Last updated: 8 months ago (Beaches MLS #R11033592)

Price History

Date / Event Date Event Price
Feb 12, 2025 Sold
Sold
Jan 10, 2025 In contract -
In contract
Jan 3, 2025 Price Decreased $1,899,900
↓ $49K (2.5%)
Price Decreased
Dec 3, 2024 Price Increased $1,949,000
↑ $49K (2.6%)
Price Increased
Nov 2, 2024 Listed by Lang Realty/Delray Beach $1,899,900
Listed by Lang Realty/Delray Beach
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 413
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,079
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,976
  • Gross Building Area: 1,976
  • Building Area: 1,563
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,563
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE IDA MANOR ADD
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LAKE IDA MANOR ADD 2 LT 7

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006602

Zoning

  • Zoning: R-1-AA

Geography

  • Assessors Map Reference: 336
  • Parcel: 12-43-46-08-13-000-0070
  • Lot: 7
  • Meridian: SEC 08 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4703
  • Longitude: -80.0789

    Address

  • Full Address: 514 Enfield Rd
  • Address - House Number: 514
  • Address - Street Name: Enfield
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C042
  • 4-Digit Zip Code: 2840
  • Zip Code: 33444

Valuation

    Tax

  • Total Area: 1,749
  • Tax Year: 2023
  • Tax Amount: $1,852,313
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.2658
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 1,091,247
  • High Value: 1,381,313
  • Low Value: 801,182

    Market Valuation

  • Market Total Value: $961,659
  • Market Land Value: $614,900
  • Market Improvement Value: $346,759

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $961,659

    Sales

  • Current Sale Contract Date: Dec 11, 2017
  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20180001498
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $374,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Ida Manor


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Frequently Asked Questions

When was property at 514 Enfield Road built and last sold?
The property at 514 Enfield Road was built in 1990 and last sold on Dec 11, 2017 for $492,500.
How much is this home worth?
The estimated value of the home located at 514 Enfield Road is $0.
What are some comparable homes to 514 Enfield Road?
There are currently no comparable homes to 514 Enfield Road.