517 Ibis Drive, Delray Beach, FL 33444

$699,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,239 Status: Active
Current Price: $699,000 List Date: 5/28/2026 Last Modified: 9/11/2026

Overview

Description

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.

Listing Details MLS# B26033100

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2239
Building Area Source
Public Records
Living Area Main
1925
Living Area Source
Public Records
Adjusted Area Main
1993
Accessibility Features YN
No
Year Built
1960
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Parking Total
2
Gated Community YN
No
Lot Size Area
7674
Lot Size Acres
0.18
Senior Community YN
No
Guest House YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
No
Pool Private YN
No
Year Roof Installed
2011
LP/Assessed Value
2.27

Property Features

Dining Area: Dining/Living Room Exterior Features: Barbecue Flooring: Tile Guest House Features: 1 Bath; 1 Bedrooms; Kitchen; Patio Leasing Permitted Details: Okay To Lease Parking Features: Driveway; Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: Brick; CBS; Stucco Cooling: Ceiling Fan(s); Central Air Fencing: Back Yard; Fenced; Gate Heating: Central Interior Features: French Doors; Kitchen Island Laundry Features: Laundry Room Levels: One Listing Terms: Cash; Conventional Lot Features: Room for Pool Membership: No Membership Available Other Equipment: Satellite Dish Other Structures: Guest House; Shed(s); Storage Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Structure Type: House Tax Information: City/County Utilities: Cable Available; Electricity Available; Water Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
779000
Negotiable Seller Concessions YN
No
Occupant Type
Owner
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
517
Street Name
Ibis
Street Suffix
Drive
Municipality Type
Incorporated
Municipal Code
12
State Or Province
FL
Postal Code
33444
Postal Code +4
1925
Subdivision Name
TROPIC PALMS 1
Area
4480
Geographic Area
PB06
Elementary School
Pine Grove
Middle Or Junior School
Carver Community
High School
Boca Raton
Special Assessment YN
No
Parcel Number
12434629020001650
Subdivision Number
2
Zoning
R-1-AA (city)
Flood Zone
X

Financial Information

Application Required YN
No
Master Association YN
No
Membership Fee Required YN
No
Tax Annual Amount
5259.63
Tax Year
2025
Tax Assessed/SOH Value
307837
Tax Legal Description
TROPIC PALMS PL 1 LT 165
Assessor Market Value
578428

Status Change Information

Major Change Timestamp
2026-09-09T16:11:36Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-09T16:11:36Z
Status Change Date
2026-05-28

More Information

Guest House Area Details

Building Area Guest House
300
Living Area Guest House
300

Leasing Permitted Details

Leasing Permitted YN
Yes

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
6
Leasing - Minimum Number of Days
6

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
379.22

Originating Details

Originating System Key
20260526165547839460000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Kitchen 15.00 15.00 First estimated
Living Room 29.00 237.00 First
Master Bedroom 237.00 136.00 First
IDX
Listing Office: Compass Florida LLC
Last Updated: September - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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