514 Enfield Rd, Delray Beach, Florida

$1,949,000

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5

Beds

3

Baths

2,263

Square Feet

0

Lot Acres

About 514 Enfield Rd

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 andrelaxation 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!

Features of 514 Enfield Rd

MLS® # usa_416758
Price $1,949,000
Bedrooms 5
Bathrooms 3.00
Square Footage 2,263
Acres 0.28
Year Built 1990
Type Residential
Sub-Type Single Family Detached
Status Active

Community Information

Address 514 Enfield Rd
Subdivision Lake Ida
City Delray Beach
State Florida
Zip Code 33444

Amenities

# of Garages 2

Interior

# of Stories 1

Exterior

Lot Description 1/4 to 1/2 Acre, Paved Road

School Information

Elementary Plumosa School of the Arts
Middle Carver Community Middle School
High Atlantic High School

Additional Information

Date Listed November 2nd, 2024

Agent & Office Information

OfficeLang Realty/Delray Beach

Listing Map

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