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517 Ibis Drive, Delray Beach, FL 33444
Under Contract
134 Days on Market
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How this price compares

Asking price
$699,000
Price per sq ft
$363
Vs. nearby sales
14% below
Days on market
134

This 3-bedroom single-family home in Tropic Palms 1 went under contract with an asking price of $699,000, or $363 per square foot. The asking price has come down 10.3% from its original $779,000. It spent 134 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $422 per square foot, so the asking price was 14% below what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,925
Living Sq Ft
1960
Year Built

Estimated monthly payment

$3,674 /mo

Principal and interest only, based on $139,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$699,000
Days on Site
134 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,925 sqft
Total Sq Ft
2,239 sqft
Lot Size
0.18 Acres
Year Built
1960
Property Type
Single Family
MLS #
B26033100
Property Tax
$5,260 (2025)
Subdivision
TROPIC PALMS 1
County
Palm Beach
Status
Under Contract
Special Conditions
Standard

About This Property

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.

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1960
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Driveway / Garage
Direction Faces
South
Lot Size (Acres)
0.18
Living Sq Ft
1,925
Total Sq Ft
2,239
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
R-1-AA (city)

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Oven / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Tile
Interior Features
Kitchen Island / Living Dining Room / None
Laundry
Laundry Room
Main Level Bedrooms
3
Main Level Baths
2
Total Rooms
3

Exterior Features

Construction
Brick / CBS Concrete Block Structure / Block / Stucco
Roof
Composition / Shingle
Exterior Features
Barbecue / Outdoor Living Area / Room For Pool
Architectural Style
Ranch
Patio & Porch
Covered / Patio
Lot Features
Less Than Quarter Acre

Community & HOA

Utilities
Cable Available / Electricity Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Ok To Lease
MLS Area
4480

Schools

Elementary School
Pine Grove
Middle School
Carver Community
High School
Boca Raton
Homes for Sale
12
Under Contract
4
Median List Price
$824,700
Median $/Sq Ft
$516
Avg Days on Market
70
View all 12 homes for sale in Tropic Palms →
How do I schedule a tour of 517 Ibis Drive, Delray Beach, FL 33444?
Use the Tour button on this listing to request a showing of 517 Ibis Drive, Delray Beach, FL 33444. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 517 Ibis Drive, Delray Beach, FL 33444 still available?
517 Ibis Drive, Delray Beach, FL 33444 is currently listed as Under Contract, and has been on the market 134 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 517 Ibis Drive, Delray Beach, FL 33444?
With 20% down ($139,800) on the $699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 517 Ibis Drive, Delray Beach, FL 33444 is about $3,674/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 517 Ibis Drive, Delray Beach, FL 33444?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 517 Ibis Drive, Delray Beach, FL 33444. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 517 Ibis Drive, Delray Beach, FL 33444?
517 Ibis Drive, Delray Beach, FL 33444 is zoned for Pine Grove (elementary), Carver Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 517 Ibis Drive, Delray Beach, FL 33444?
Often, yes. The right offer on 517 Ibis Drive, Delray Beach, FL 33444 depends on how it's priced against comparable single family sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Compass Florida LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Rachel Williams, Compass Florida LLC

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