by Global Lifestyle Properties

Check Availability
$699,000
↓ $31K (4.2%)
● House - For Sale

517 Ibis Drive

Delray Beach, FL 33444
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,925 Ft²
$3,871
Est. Monthly

About This Property

Could this be the home of your dreams? This incredible property offers a rare combination of comfort and immediate financial upside, featuring an attached in-law suite that is currently producing steady rental income.  Ideally located East of I-95 in the desirable, no-HOA Tropic Palms neighborhood, this updated, meticulously kept home is only minutes from Delray's beaches and Atlantic Avenue. The main home includes two bedrooms, one bathroom, and a versatile flex space suitable for an office or a third bedroom. An attached, private one-bedroom, one-bathroom suite offers the perfect opportunity for multi-generational living or immediate, consistent rental income. Enjoy a low-maintenance, private backyard with top-tier artificial turf and full hurricane protection. Ideal, restriction free.
Unit Size
1,925 Ft²
Days on Market
122 days
Land Size
0.18 acres
Price per sqft
$363
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1960

Listed By

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Last updated: 18 days ago (Beaches MLS #B26033100)

Price History

Date / Event Date Event Price
Sep 9, 2026 Price Decreased $699,000
↓ $31K (4.3%)
Price Decreased
Aug 4, 2026 Price Decreased $730,000
↓ $20K (2.7%)
Price Decreased
Jun 17, 2026 Price Decreased $750,000
↓ $29K (3.7%)
Price Decreased
May 26, 2026 Listed by Compass Florida LLC $779,000
Listed by Compass Florida LLC
Nov 26, 2018 Sold
Sold
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, LivingDiningRoom, None
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Flooring Type: Tile
Door Features: French Doors
Laundry Features: Laundry Room
Exterior Details
Square Footage: 1925
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Ranch
Year Built: 1960
Building Area Total: 2239
Levels: One
Other Structures: Guest House, Shed(s), Storage
Construction Materials: Brick, Block, Stucco
Patio and Porch Features: Covered, Patio
Lot Features: LessThanQuarterAcre
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Assessed Value: $307,837
Tax Annual Amount: $5,260
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,675
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,239
  • Gross Building Area: 2,239
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPIC PALMS PL 1
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TROPIC PALMS PL 1 LT 165

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006906

Zoning

  • Zoning: R-1-AA

Geography

  • Assessors Map Reference: 357
  • Parcel: 12-43-46-29-02-000-1650
  • Lot: 165
  • Meridian: SEC 29 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4273
  • Longitude: -80.0782

    Address

  • Full Address: 517 Ibis Dr
  • Address - House Number: 517
  • Address - Street Name: Ibis
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1925
  • Zip Code: 33444

Valuation

    Tax

  • Total Area: 2,001
  • Tax Year: 2023
  • Tax Amount: $497,985
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 671,933
  • High Value: 809,907
  • Low Value: 533,959

    Market Valuation

  • Market Total Value: $499,017
  • Market Land Value: $185,000
  • Market Improvement Value: $314,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,448

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180442768
  • Previous Sale Recording Date: Apr 20, 1998
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71
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 Tropic Palms


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Frequently Asked Questions

When was property at 517 Ibis Drive built and last sold?
The property at 517 Ibis Drive was built in 1960 and last sold on Nov 20, 2018 for $270,000.
How much is this home worth?
The estimated value of the home located at 517 Ibis Drive is $721,553.
What are some comparable homes to 517 Ibis Drive?
There are currently no comparable homes to 517 Ibis Drive.