When was property at 525 Ibis Drive built and last sold?

The property at 525 Ibis Drive was built in 1960 and last sold on Sep 28, 2023 for $550,000.

How much is this home worth?

The estimated value of the home located at 525 Ibis Drive is $0.

What are some comparable homes to 525 Ibis Drive?

There are currently no comparable homes to 525 Ibis Drive.

Delray Beach

33444

Tropic Palms

525 Ibis Drive

Sold on Sep 12, 2025

Map

$580,000

● House - Off Market

525 Ibis Drive

Delray Beach, FL 33444

3 Beds

2 Baths

1,579 Ft²

$3,636

Est. Monthly

6.35%

Cap Rate

About This Property

Welcome to your dream home! This beautifully renovated 3-bedroom, 2-bathroom residence, located in the heart of Delray Beach, has modern upgrades and a prime location. Renovated in 2023, the home features new flooring throughout, creating a seamless and stylish flow. Both full bathrooms have been tastefully redone with contemporary finishes, while the updated kitchen boasts new cabinets, sleek countertops, and stainless steel appliances-great for cooking and entertaining.

Unit Size

1,579 Ft²

Days on Market

155 days

Land Size

0.18 acres

Price per sqft

$379

Property Type

House

Property Taxes

$695

HOA Dues

Year Built

1960

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #R11080410)

Price History

Date / Event	Date	Event
Sep 12, 2025	Sold	Premium
Sold
Aug 20, 2025	In contract	-
In contract
Jun 12, 2025	Price Decreased	$599,000 ↓ $26K (4.2%)
Price Decreased
Apr 10, 2025	Listed by Beycome of Florida LLC	$625,000
Listed by Beycome of Florida LLC
Oct 16, 2023	Sold	Premium
Sold
Aug 7, 2023	Listed by Beycome of Florida LLC	$565,000
Listed by Beycome of Florida LLC
Oct 28, 2021	Sold	Premium
Sold
Sep 8, 2021	Listed by Beycome of Florida LLC	$420,000
Listed by Beycome of Florida LLC

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1960

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
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: 9
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 252
Parking Space Count: 1
Patio Type: 59
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,675

Lot Size Depth Feet: 960
Lot Size Frontage Feet: 800
Total Building Area: 1,579
Gross Building Area: 1,579
Building Area: 1,075
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,075
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 167

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006906

Zoning

Zoning: R-1-AA

Geography

Assessors Map Reference: 357

Parcel: 12-43-46-29-02-000-1670
Lot: 167
Meridian: SEC 29 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4275
Longitude: -80.0786

Address

Full Address: 525 Ibis Dr

Address - House Number: 525
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: 1,216

Tax Year: 2022
Tax Amount: $645,344
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.2065

Valuation Date: Jan 03, 2024
Confidence Score: 72
Final Value: 546,505
High Value: 659,376
Low Value: 433,634

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $318,746

Market Land Value: $168,190
Market Improvement Value: $150,556

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $318,746

Sales

Current Sale Contract Date: Sep 28, 2023

Current Sale Recording Date: Oct 16, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 352340
Previous Sale Recording Date: Oct 16, 2023
Previous Sale Contract Date: Sep 21, 2023
Previous Sale Amount: $120,000
Previous Sale Document Type: 55

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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First Mortgage Terms:

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First Mortgage Loan Type:

Premium
First 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

1647 ft²

Average Home Age

55.6 years

Currently For Sale

14 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

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$3,950 /mo

1 Bed
1 Bath
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Rentals Near You

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Listed by: Steven T Koleno
Beycome of Florida LLC
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R11080410

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.