Incredible Investment Opportunity in Lake Ida, East Delray Beach!
Unveil the potential of this stunning 3-bedroom, 2-bathroom single-family home, paired with a newly constructed 2-bedroom, 1-bathroom cottage, all situated in the highly desirable Lake Ida community of East Delray Beach! This beautifully updated main residence features refined finishes, vaulted ceilings, and impact-resistant windows and doors, ensuring both style and peace of mind. Enjoy a modern eat-in kitchen equipped with luxurious quartz countertops, stainless steel appliances, and custom cabinetry with soft-close features, perfect for culinary enthusiasts.
Step outside to discover your serene screen-enclosed pool, surrounded by sleek travertine decking and ample outdoor space, ideal for alfresco dining and relaxation under the sun. The brand-new cottage, designed with European-inspired cabinetry and meticulous attention to detail, offers a stylish retreat for guests or tenants, making it an attractive option for discerning buyers.
Currently operating as a successful short-term rental, the main home generates impressive annual gross income of up to $130,000, with additonal future bookings already secured. The cottage boasts projected income potential of $75,000 per year. Both properties come equipped with hurricane impact windows, a durable metal roof, and a brand-new irrigation system, ensuring peace of mind for any homeowner or investor.
The lush, tropical landscaping and charming brick-paved walkways enhance the property's curb appeal, making it a true private oasis. Whether you envision this as your full-time residence, a vacation getaway, or a lucrative investment opportunity, the possibilities are endless. Live in the main home while renting out the cottage, or operate both as separate rentals for maximum income potential.
Located just a short walk, bike ride, or golf cart journey from the vibrant Atlantic Avenue and Pineapple Grove, you'll have easy access to fine dining, boutique shopping, lively green markets, local festivals, and pristine beaches. This slice of paradise in the coveted Lake Ida community offers the perfect blend of relaxation and adventure.
This is your chance to own this exceptional propertyan unparalleled opportunity for both homeowners and investors alike!
Sold for $1,830,000
$1,830,000
514 Enfield Road, Delray Beach, FL 33444
5beds
2,263sqft
Single Family Residence
Built in 1990
0.28 Acres Lot
$1,856,200 Zestimate®
$809/sqft
$7,865 Estimated rent
Home value
$1,856,200
$1.65M - $2.10M
$7,865/mo
Zestimate® history
Owner options
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$7,865/mo
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$7,865/mo
Rent Zestimate®
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$12,661/mo
Est. payment
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$12,661/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Noreen Payne 703-999-4214,
Lang Realty/Delray Beach,
Amy Stark Snook,
Lang Realty - Boynton Beach
Bought with:
Noreen Payne, 3342729
Lang Realty/Delray Beach
Amy Stark Snook, 3041690
Lang Realty - Boynton Beach
Source: BeachesMLS,MLS#: R11033592
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Primary bedroom
- Level: Main
- Area: 192
- Dimensions: 16 X 12
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 11 X 10
Bedroom 3
- Level: Main
- Area: 114
- Dimensions: 11.4 X 10
Dining room
- Level: Main
- Area: 110
- Dimensions: 11 X 10
Kitchen
- Description: Kitchen and Breakfast area
- Level: Main
- Area: 231
- Dimensions: 21 X 11
Living room
- Level: Main
- Area: 270
- Dimensions: 18 X 15
Other
- Description: Cottage Family Room
- Level: Main
- Area: 100
- Dimensions: 10 X 10
Other
- Description: Cottage Bedroom 1
- Level: Main
- Area: 115.5
- Dimensions: 10.5 X 11
Other
- Description: Cottage Bedroom 2
- Level: Main
- Area: 124.2
- Dimensions: 11.5 X 10.8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
- Laundry: Washer Hookup, Inside, Laundry Closet, Laundry Tub
Features
- Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Main Level Primary, Pantry, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
- Flooring: Ceramic Tile, Vinyl
- Windows: Blinds, Double Hung, Drapes, Metal, Storm Window(s)
Interior area
- Total structure area: 2,802
- Total interior livable area: 2,263 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage, On Street
- Attached garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Multi/Split,One
- Stories: 1
- Patio & porch: Patio, Screened
- Exterior features: Outdoor Living Area
- Has private pool: Yes
- Pool features: Heated, In Ground, Screen Enclosure, Salt Water
- Fencing: Fenced
- Has view: Yes
- View description: Garden, Pool
- Waterfront features: None
Lot
- Size: 0.28 Acres
- Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
Details
- Parcel number: 12434608130000070
- Zoning: R-1-AA
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1990
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Features: Street Lights
- Security: None, Smoke Detector(s)
- Subdivision: Lake Ida
HOA
- Has HOA: No
- Amenities included: Dog Park, Picnic Area, Playground, Park, Trail(s)
Location
- Region: Delray Beach
Financial & listing details
- Price per square foot: $809/sqft
- Tax assessed value: $1,305,602
- Annual tax amount: $17,853
- Date on market: 11/2/2024
- Cumulative days on market: 132 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2025 | Sold | $1,830,000-3.7%$809/sqft |
Source:  BeachesMLS #R11033592 Report a problem | ||
| 1/2/2025 | Price change | $1,899,900-2.5%$840/sqft |
Source: BeachesMLS #RX-11033592 Report a problem | ||
| 12/2/2024 | Price change | $1,949,000-2%$861/sqft |
Source: BeachesMLS #RX-11033592 Report a problem | ||
| 11/2/2024 | Listed for sale | $1,989,000-0.4%$879/sqft |
Source: BeachesMLS #RX-11033592 Report a problem | ||
| 10/19/2024 | Listing removed | $1,997,000$882/sqft |
Source: BeachesMLS #RX-11015615 Report a problem | ||
| 10/19/2024 | Price change | $1,997,000-2.3%$882/sqft |
Source: BeachesMLS #RX-11015615 Report a problem | ||
| 10/11/2024 | Price change | $2,045,000-4%$904/sqft |
Source: BeachesMLS #RX-11015615 Report a problem | ||
| 9/12/2024 | Price change | $2,130,000-2.1%$941/sqft |
Source: BeachesMLS #RX-11015615 Report a problem | ||
| 8/26/2024 | Listed for sale | $2,175,000+341.6%$961/sqft |
Source: BeachesMLS #RX-11015615 Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: BeachesMLS #R10895334 Report a problem | ||
| 6/7/2023 | Listed for rent | $5,500$2/sqft |
Source: BeachesMLS #R10895334 Report a problem | ||
| 1/2/2018 | Sold | $492,500-8.8%$218/sqft |
Source: Public Record Report a problem | ||
| 8/11/2017 | Listing removed | $539,900$239/sqft |
Source: United Realty Group, Inc #RX-10351977 Report a problem | ||
| 7/3/2017 | Price change | $539,900-1.8%$239/sqft |
Source: Premier Real Estate Advisors L #RX-10309014 Report a problem | ||
| 5/9/2017 | Price change | $549,900-1.8%$243/sqft |
Source: Premier Real Estate Advisors L #RX-10309014 Report a problem | ||
| 4/27/2017 | Price change | $559,900-1.8%$247/sqft |
Source: Premier Real Estate Advisors L #RX-10309014 Report a problem | ||
| 4/6/2017 | Price change | $569,900-0.9%$252/sqft |
Source: Premier Real Estate Advisors L #RX-10309014 Report a problem | ||
| 2/16/2017 | Listed for sale | $575,000$254/sqft |
Source: Premier Real Estate Advisors L #RX-10309014 Report a problem | ||
| 6/14/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 5/25/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,162 +29.7% | $1,189,625 +23.7% |
| 2024 | $17,852 -3.6% | $961,511 0% |
| 2023 | $18,523 +172.6% | $961,659 +154.4% |
| 2022 | $6,796 -0.2% | $378,021 +3% |
| 2021 | $6,807 +13% | $367,011 +12.7% |
| 2020 | $6,023 +1.4% | $325,730 +2.3% |
| 2019 | $5,940 | $318,407 +1.9% |
| 2018 | $5,940 +4.4% | $312,470 -30.3% |
| 2017 | $5,688 -39.8% | $448,511 +287% |
| 2016 | $9,450 +423.9% | $115,900 +0.7% |
| 2015 | $1,804 -2.7% | $115,094 +0.8% |
| 2014 | $1,854 +1.8% | $114,181 +1.5% |
| 2013 | $1,822 +0.1% | $112,494 +1.7% |
| 2012 | $1,820 +2.2% | $110,614 +3% |
| 2011 | $1,781 +2.1% | $107,392 +1.5% |
| 2010 | $1,745 +7.3% | $105,805 +2.7% |
| 2009 | $1,626 +9.9% | $103,023 +0.1% |
| 2008 | $1,480 -12.5% | $102,920 +3% |
| 2007 | $1,692 -3.7% | $99,922 +3.8% |
| 2006 | $1,757 | $96,218 +3% |
| 2005 | -- | $93,416 +3% |
| 2004 | $977 +518.3% | $90,695 +1.9% |
| 2003 | $158 -90.4% | $89,004 +2.4% |
| 2002 | $1,649 +1% | $86,918 +1.6% |
| 2001 | $1,633 +4.9% | $85,549 +3% |
| 2000 | $1,556 +17.4% | $83,057 -26.1% |
| 1999 | $1,326 | $112,382 |
Find assessor info on the county website
Neighborhood: Lake Ida Park
Nearby homes
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- $1,262,8003 bd2 ba1.5k sqft510 Enfield Rd, Delray Beach, FL 33444Off Market
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- $1,512,1003 bd2 ba1.6k sqft509 Enfield Rd, Delray Beach, FL 33444Off Market
- $1,655,1003 bd2 ba1.8k sqft523 Enfield Rd, Delray Beach, FL 33444Off Market
Nearby schools
GreatSchools rating
- 7/10Plumosa School Of The ArtsGrades: PK-8Distance: 1.4 mi
- 5/10Atlantic High SchoolGrades: 9-12Distance: 1.3 mi
- 3/10Carver Middle SchoolGrades: 6-8Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Plumosa School of the Arts K-8
- High: Atlantic
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,856,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,856,200
- Florida
- Palm Beach County
- Delray Beach
- 33444
- Lake Ida Park
- 514 Enfield Road
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