TROPIC PALMS 1
517 IBIS Drive, Delray Beach FL 33444
3 beds · 2 baths · 1,925 ft²
$4,500
Est. Payment $24/mo
3
Bedrooms
2
Bathrooms
1,925
Sq. Ft.
1960
Year Built
1
Garage
1
Stories
0
Days on Market
Description
AVAILABLE UNFURNISHED. AVAILABLE 10/1. 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.
Facts
- MLS#
- B26067170
- Subdivision
- TROPIC PALMS 1
- Property Type
- Residential Lease
- Property Sub Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,841 ft²
- Sq. Ft.
- 1,925 ft²
- Sq. Mt.
- 179 m²
- Price per sq. ft.
- $2/ft²
- Price per sq. mt.
- $25/m²
- Stories
- 1
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- —
- Listed
- Aug 21, 2026
- Last Updated
- Aug 21, 2026
- Price/Lot Sq.Ft.
- $1/ft²
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Market insights for Delray Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
37
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/21/2026 | Listed for sale | $4,500 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$15,000
gross income / month to qualify
Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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