525 Ibis Drive, Delray Beach, FL 33444

$550,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,579 Status: Closed
Current Price: $550,000 List Date: 8/09/2023 Last Modified: 7/01/2026

Overview

Description

Welcome to 525 Ibis Drive! This charming 3-bedroom, 2-bathroom house is a hidden gem waiting to be discovered. Step inside and admire the stunning terrazzo floors that add a touch of elegance to the space. The open layout creates a seamless flow between the living room and the colorful bathrooms, making it perfect for both relaxing evenings and entertaining guests. One of the highlights of this property is the large yard, offering ample space for outdoor activities and even room for a huge pool. There is PLENTY of space to create your own private oasis. Located on a quiet street, this home offers a peaceful retreat away from the busy life around. Plus, with the beach just 10 minutes away, you'll have easy access to sandy shores and breathtaking sunsets.

Supplements: For those looking for their next investment property you'll want to view this home! With a cap rate of 8.2% you are surely going to want 525 Ibis Dr to be your next cash cow. Pool renderings are included in the photos for the home which will increase your value significantly.

Listing Details MLS# R10909890

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1579
Building Area Source
Public Records
Living Area Main
1075
Year Built
1960
Carport YN
Yes
Attached Carport YN
Yes
Carport Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Lot Size Area
7674
Lot Size Acres
0.18
Senior Community YN
No
Stories Total
Yes
Stories
Yes
Direction Faces
South
Pool Private YN
No
Furnished
Furnished

Property Features

Flooring: Terrazzo Parking Features: RV Access/Parking; Attached Carport Property Condition: Resale Appliances: Dishwasher; Dryer; Refrigerator; Washer; Cooktop Construction Materials: Block; Concrete Cooling: Central Air Heating: Central Interior Features: Storage; None Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional; FHA Pets Allowed YN: Yes Restrictions: No Restrictions Roof: Composition; Shingle Security Features: None Sewer: Public Sewer Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Combination Lock Box Contingencies: Financing Room Types: Kitchen; Laundry; Living Room; Master Bedroom; Utility Room Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
565000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
525
Street Name
Ibis
Street Suffix
Drive
City Name
Delray Beach
State Or Province
FL
Postal Code
33444
Postal Zip
33444
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
12434629020001670
Zoning
R-1-AA

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
6453.44
Tax Year
2022
Tax Legal Description
TROPIC PALMS PL 1 LT 167

Status Change Information

Major Change Timestamp
2023-09-29T17:12:55Z
Major Change Type
Status Change
Status Change Date
2023-09-29
Under Contract Date
2023-08-18
Close Date
2023-09-28
Close Price
550000
Buyer Financing
Conventional

More Information

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Storm Protection

Accordian Shutters
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
511.62
Original List Price To Close Price
1.02

Originating Details

Originating System Key
20230807011628362714000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 15.00 14.07 Main
Kitchen 10.00 8.00 Main
Master Bedroom 13.00 12.00 Main
Laundry
Utility Room
IDX
Listing Office: Keller Williams Realty Boca Ra
Source MLS Verified
Last Updated: July - 01 - 2026
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