Single Family Residence

517 Ibis Drive

517 Ibis Drive, Delray Beach FL 33444 Get directions

$699,000

For Sale
Price cut: $31,000 (−4.3%)

3 Beds · 2 Baths · 1,925 SqFt

See estimated monthly cost

This listing is courtesy of Compass Florida LLC. Rachel Williams

Overview

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.

Facts & features

Interior

Living area (sq ft)
1,925
Full bathrooms
2
  • Cooking Island
  • French Doors

Building & exterior

Year built
1960
Lot size (sq ft)
7,674
Garage spaces
1
Covered spaces
1
  • Barbeque
  • Room For Pool
  • 1 Space
  • Driveway
  • Parking Garage

HOA (homeowners association)

  • No Restrictions
  • Yes

Taxes

Annual tax
$5,259
Tax year
2025
Parcel number
12434629020001650

Assigned schools

Elementary
Pine Grove
Middle
Carver; G.W.
High
Boca Raton Community

Listing

MLS number
B26033100
Property type
Single Family Residence
Price per SqFt
$363
Subdivision
TROPIC PALMS 1
On market since
May 26, 2026
Days on market
109

Price history

Date Event Price Change
May 26, 2026 Listed $779,000 —
Sep 11, 2026 Price change $699,000 −$31,000 (−4.3%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$4,497 per month

Principal & interest (30 yr)
$3,535
Property tax
$438
Insurance (estimated)
$524

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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