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Bean Group
Offered at $699,000Active
beds
3
baths
2
sq ft
1,925
Built
1960

517 Ibis Drive

Delray Beach, FL 33444

About this home

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 last checked: Listing updated:

Listed by Rachel Williams · Compass Florida LLC · MLS #B26033100

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Details at a glance

Interior4 property facts
Rooms
3
Heating
Central
Cooling
Central Air, Ceiling Fan(s)
Flooring
Tile
Building5 property facts
Style
Single Family Residence
Year built
1960
Garage
1
Parking
2
Roof
Composition, Shingle
Land & utilities4 property facts
Lot size
0.18 acres
Water
Public
Sewer
Public Sewer
Zoning
R-1-AA (city)
Financial2 property facts
Annual taxes
$5,260
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $699,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,973 / monthAdjust
Principal & interest
$3,535
Property tax
$438
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,260. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $4,200 · Sep 23, 2026

  2. Ter

    $4,300 · Aug 21, 2026

  3. Sld

    $279,000 · Sold $270,000 · Sep 28, 2018

More property insights

Comparable properties 3 supplied

Sold Aug 30, 2026

$680,000

319 SW 2ND Street

Sold Aug 26, 2026

$702,000

200 SW 5th Street

Sold Jul 22, 2026

$695,000

909 SE 14th Drive

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About 517 Ibis Drive

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Request a tour of 517 Ibis Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.