514 Enfield Road, Delray Beach, FL 33444
- $1,830,000
- 5
- BD
- 3
- BA
- 2,263
- SqFt
- Sold Price
- $1,830,000
- List Price
- $1,899,900
- Days on Market
- 68
- Closing Date
- Feb 12, 2025
- MLS#
- R11033592
- Bedrooms
- 5
- Full Bathrooms
- 3
- Sq. Ft
- 2,263
- Subtype
- Single Family Residence
- County
- Palm Beach
- Subdivision
- Lake Ida
- Year Built
- 1990
Property Description
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!
Additional Information
- Garage Spaces
- 2
- Pets Allowed
- No Pet Restrictions, Yes
- Construction
- Block
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Flooring
- Ceramic Tile, Vinyl
- Furnished
- Unfurnished
- Heating
- Central, Electric
- Restrict
- NoRestrictions
- Roof
- Metal
- Security
- None, Smoke Detector(s)
- Taxes
- $17,853
- Utilities
- Sewer Available, Water Available
- View
- Garden, Pool
- Private Pool
- Yes
- Amenities
- Dog Park, Park, Picnic Area, Playground, Street Lights, Trail(s)
- Waterfront
- None
- Stories
- 1
- Acres
- 0.28
- Price Per Sqft
- $808
- Elementary School
- Plumosa School of the Arts K-8
- High School
- Atlantic
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Listing courtesy of Lang Realty/Delray Beach. Contact:
Selling Office: Lang Realty/Delray Beach.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Noreen Payne | Email: Team@amyandnoreen.com