For SaleRisky Deal120 days on market
517 Ibis Drive
517 Ibis Drive, Delray Beach, FL 33444, Delray Beach, FL 33444
$699,000
Estimate®:$684,000
Listing Price
517 Ibis Drive, Delray Beach, FL 33444
Loc: Delray Beach, FL
Days Listed
120
Tax Assessed
$308k
Estimate®
$684k
Market Rate
Lot Size
7,674 sqft
Rent Estimate
$3,762/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Pine Grove Elementary School
PK-5
1.3 mi away
3
Carver Middle School
6-8
3.1 mi away
6
Boca Raton Community High School
9-12
4.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern kitchendark wood cabinetrystainless steel appliancesstone mosaic backsplashquartz countertopscontemporarypendant lightingundermount sinkbuilt-in ovensleektransitional styleneutral color palettespacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.56%
Total ROI
36.3%
Cash Flow
$-1,553/mo
DSCR
0.57
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,553/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Delray Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for rent | $4,200 | $2 |
| 2026-09-09 | Price change | $699,000 | $363 |
| 2026-09-09 | Listing removed | $4,300 | $2 |
| 2026-09-01 | Price change | $4,300 | $2 |
| 2026-08-21 | Listed for rent | $4,500 | $2 |
| 2026-08-04 | Price change | $730,000 | $379 |
| 2026-06-17 | Price change | $750,000 | $390 |
| 2026-05-28 | Listed for sale | $779,000 | $405 |
| 2018-11-20 | Sold | $270,000 | $140 |
| 2018-10-30 | Pending sale | $279,000 | $145 |
| 2018-10-21 | Price change | $279,000 | $145 |
| 2018-09-30 | Listed for sale | $299,900 | $156 |
| 1998-04-20 | Sold | $90,000 | $47 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,259 | $307,837 |
| 2024 | $4,972 | $299,161 |
| 2023 | $4,979 | $290,448 |
| 2022 | $4,927 | $281,988 |
| 2021 | $4,927 | $273,775 |
| 2020 | $4,888.54 | $269,995 |
| 2019 | $4,850.72 | $265,452 |
| 2018 | $4,850.72 | $260,038 |
| 2017 | $5,421.3 | $248,299 |
| 2016 | $5,123.72 | $211,664 |
| 2015 | $4,770.91 | $192,422 |
| 2014 | $4,176.2 | $174,929 |
| 2013 | $3,785.13 | $159,026 |
| 2012 | $3,671.09 | $150,003 |
| 2011 | $3,801.67 | $152,823 |
| 2010 | $3,941.58 | $157,974 |
| 2009 | $2,021.39 | $120,382 |
| 2008 | $1,833.37 | $120,262 |
| 2007 | $2,029.4 | $116,759 |
| 2006 | $2,145.77 | $113,911 |
| 2005 | $0 | $110,593 |
| 2004 | $1,224.89 | $107,372 |
| 2003 | $158 | $105,370 |
| 2002 | $2,033.5 | $102,900 |
| 2001 | $2,015.57 | $101,280 |
| 2000 | $1,923.86 | $98,330 |
| 1999 | $2,192.04 | $92,397 |
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