514 Enfield Road
Delray Beach, FL 33444
2263 sqft | 5 beds | 3 baths | #RX-11015615
Description
$100,000 BELOW APPRAISED VALUE !!! This beautiful single-family home AND BRAND NEW SEPARATE COTTAGE sits on a large lot on a quiet residential street in the popular Lake Ida community. NO HOA. !!! The main house has three bedrooms and two full baths. The cottage has two bedrooms and one bath. Open plan design, high cathedral ceilings and a gorgeous gourmet kitchen and dining room.
Main house offers 1560 square feet of endless style and beauty with a huge backyard, carefully manicured lawn with tropical landscaping and screened in saltwater pool and waterfall.
Colorful pool lighting and rich travertine decking makes entertaining family and friends so enjoyable on those warm summer evenings. Never used brand new cottage completed July 2024, has 700 sq feet of pure style and elegance. Two-bedroom one bathroom built in contemporary design with European kitchen cabinets and vanity. 8 feet shaker doors, beautiful walk-in shower with modern contemporary fixtures. Both properties have hurricane windows and doors throughout and a metal roof and a brand-new irrigation system
The main house is currently operating as a very successful short-term rental. Meticulously maintained and professionally managed with many five-star reviews. Gross income of up to $130,000 per annum and currently has $30,000 of future bookings.
Projected income for the cottage is $75,000 per annum.
This beautiful property offers endless opportunities for any buyer.
The main home is beautifully furnished and fully equipped with four TV's, all kitchen amenities, all linens and bedding and patio furniture. Everything needed for a new owner to earn additional income right away as a highly successful vacation rental.
Little effort needed to set up the cottage as a second short term rental and begin earning in no time.
Live in one property and enjoy easy income from the other.
Mother-in-law, teenagers, or extended family members will just love the beautiful brand new and stylish 2-bedroom cottage.
This private oasis is close to EVERYTHING! Downtown Delray. "The Ave" and Pineapple Grove are just a 10 minute walk. Just grab your beach chairs and umbrella and head over to the popular Delray Beach which is just a mile away.
Interior Details
- InteriorWalk-in Closet, Pantry
Heating & Cooling
- CoolingCeiling Fan, Central, Electric
- HeatingElectric, Central
Beds & Baths
- Bedrooms5
- Bathrooms3
- Full Baths3
Property Details
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- Exterior FeaturesAuto Sprinkler
- Exterior MaterialsAuto Sprinkler
- Pool FeaturesPrivate Pool
- Pool1
Measurements
- Square Feet2263
Parking
- Parking TypeGarage
- Parking Spaces2
- Parking Garage1
Construction Details
- Property TypePurchase
Condition
- Year Built1990
Utilities / Energy Details
- Utility FeaturesElectricity Connected, Public Sewer, Public Water
Community and Neighborhood Details
- SubdivisionLAKE IDA MANOR ADD 2
Location
- CountyPalm Beach
- ZoningR-1-AA
Financial Details
- Original List Price$2,175,000
- Taxes Annual$18,523
Other
- MLS #RX-11015615
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Christine M. Callaghan (#20012039)
Listing Office: United Realty Group, Inc (#800518)