When was property at 518 Ibis Drive built and last sold?

The property at 518 Ibis Drive was built in 1960 and last sold on Aug 4, 2022 for $588,000.

How much is this home worth?

The estimated value of the home located at 518 Ibis Drive is $617,026.

What are some comparable homes to 518 Ibis Drive?

There are currently no comparable homes to 518 Ibis Drive.

Delray Beach

33444

Tropic Palms

518 Ibis Drive

$588,000

● House - Off Market

518 Ibis Drive

Delray Beach, FL 33444

2 Beds

2 Baths

975 Ft²

$650,383

RealtyHop Estimate

3.39%

Since Sep 1, 2022

National-US

Primary Model

About This Property

Very Rare Opportunity! Beautifully remodeled pool home with brand new roof & A/C in East Delray Beach with oversized yard. This 2/2 also has a large carport that can easily convert to a 3rd bedroom. Nestled in a vibrant community, this home's modern yet elegant finishes include light and bright granite counters, matching cabinets, wood look tile and stainless steel appliances. 518 Ibis was absolutely built for entertaining. Walk outside to your bistro lit pergola over looking a tranquil swimming pool and plenty of green space for kids and pets to play safely. Investors rejoice! Tropic Palms is Non-HOA. Located only 2 miles from downtown 'The Ave' and the beach owners and Investor can easily rent this property annually, seasonally or as a vacation rental on AirBnB /VBRO.

Unit Size

975 Ft²

Days on Market

51 days

Land Size

0.18 acres

Price per sqft

$645

Property Type

House

Property Taxes

$346

HOA Dues

Year Built

1960

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10335385)

Price History

Date / Event	Date	Event
Aug 8, 2022	Sold	Premium
Sold
Jun 14, 2022	Listed by RE/MAX Direct	$629,050
Listed by RE/MAX Direct
Oct 9, 2020	Sold	Premium
Sold
Aug 25, 2020	Listed by RE/MAX Direct	$355,000
Listed by RE/MAX Direct
Sep 4, 2018	Sold	Premium
Sold
Jun 1, 2018	Listed by RE/MAX Direct	$299,999
Listed by RE/MAX Direct

Property Highlights

Parking Available

Air Conditioning

Building Info

Overview

General

Year Built: 1960

Effective Year Built: 2004
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: 13
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 252
Parking Space Count: 1
Patio Type: 58
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 8,002

Lot Size Depth Feet: 1,040
Lot Size Frontage Feet: 770
Total Building Area: 1,467
Gross Building Area: 1,467
Building Area: 975
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 975
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: 0000000184
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: TROPIC PALMS PL 1 LT 156

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006906

Zoning

Zoning: R-1-AA

Geography

Assessors Map Reference: 357

Parcel: 12-43-46-29-02-000-1560
Lot: 156
Meridian: SEC 29 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4269
Longitude: -80.0782

Address

Full Address: 518 Ibis Dr

Address - House Number: 518
Address - Street Name: Ibis
Address - Suffix Type: Dr
State: FL
City Name: Delray Beach
Carrier Code: C003
4-Digit Zip Code: 1926
Zip Code: 33444

Valuation

Tax

Total Area: 1,112

Tax Year: 2022
Tax Amount: $415,389
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.2065

Valuation Date: Jan 03, 2024
Confidence Score: 72
Final Value: 574,560
High Value: 693,226
Low Value: 455,895

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $328,696

Market Land Value: $168,190
Market Improvement Value: $160,506

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $242,257

Sales

Current Sale Contract Date: Aug 04, 2022

Current Sale Recording Date: Aug 08, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 334237
Previous Sale Recording Date: Oct 09, 2020
Previous Sale Contract Date: Sep 30, 2020
Previous Sale Amount: $348,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Tropic Palms

Stats & Trends

Median Asking:

$747,000

Sale Price/ft²

$481

Below Asking

0.01%

Average Days on Market

Average Home Size

1670 ft²

Average Home Age

56.3 years

Currently For Sale

13 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 513 Lindell Boulevard, Delray Beach, FL, 33444

$7,500 /mo

2 Beds
1 Bath
1,203 ft²

513 Lindell Boulevard, Delray Beach, FL, 33444 Listing by Elisha Zamir

Unit for rent at 2455 Lindell Boulevard, Delray Beach, FL, 33444

$7,500 /mo

2 Beds
2 Baths
1,175 ft²

2455 Lindell Boulevard #3103, Delray Beach, FL, 33444 Listing by Diana Byrne

Unit for rent at 701 Appleby Street, Boca Raton, FL, 33487

$6,900 /mo

3 Beds
2 Baths
1,552 ft²

701 Appleby Street, Boca Raton, FL, 33487 Listing by Shannon Southcomb

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Viyaleta Nashawaty
RE/MAX Direct
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10335385

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

518 Ibis Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Tropic Palms

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions