$3,450,000
$200K PRICE DROP

Estimated payment $22,824/month

Total Views 4,687
5 Beds
5.5 Baths
3,520 Sq Ft
$980 Price per Sq Ft

Highlights

  • Private Pool
  • Den
  • Eat-In Kitchen
  • Loft
  • 2 Car Attached Garage
  • 4-minute walk to Cornell Park

About This Home

Welcome to 501 Eldorado Lane in Lake Ida just minutes from the vibrant heart of downtown Delray Beach and renowned Atlantic Avenue. Completely rebuilt in 2020, this breathtaking modern residence offers a rare blend of luxury, convenience, and cutting-edge design. Situated on a cul-de-sac in one of the most desirable neighborhoods, the home presents a perfect opportunity to experience Florida living at its finest with nearby dining, shopping, entertainment, and the beach. Designed with commitment to style and functionality, the open-concept layout maximizes space, natural light, and a seamless flow. High ceilings, abundant glass sliders, and sophisticated finishes create a truly inviting atmosphere throughout. The gourmet kitchen is a chef's dream featuring custom cabinetry,

Listing Agent

Michael O'Connor

Douglas Elliman License #3380134

Douglas Elliman

Co-Listing Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,816

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Sliding Windows
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Loft

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • Lake Ida Shores 1St Add Subdivision, Rebuilt In 2020 Floorplan

Listing and Financial Details

  • Assessor Parcel Number 12434608190040020

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,816

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1988
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Dual Sinks, Eat-in Kitchen, Kitchen/Dining Combo, Separate Shower, Walk-In Closet(s), Loft
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Other
  • Living Area: 3520.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434608190040020
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 13500.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 42816.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $43,035 $2,313,619 -- --
2023 $42,816 $2,103,290 $819,940 $1,695,216
2022 $38,408 $1,912,082 $0 $0
2021 $35,301 $1,738,256 $440,000 $1,298,256
2020 $15,965 $772,998 $420,000 $352,998
2019 $5,097 $277,428 $0 $0
2018 $4,878 $272,255 $0 $0
2017 $4,856 $266,655 $0 $0
2016 $4,875 $261,170 $0 $0
2015 $4,957 $257,323 $0 $0
2014 $4,987 $255,281 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Price Changed $3,450,000 -5.5% $980 / Sq Ft
11/23/2024 11/23/24 For Sale $3,650,000 +84.8% $1,037 / Sq Ft
11/30/2020 11/30/20 Sold $1,975,000 -8.1% $559 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $2,149,000 +173.8% $608 / Sq Ft
05/29/2019 05/29/19 Sold $785,000 -41.9% $215 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $1,350,000 -- $370 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,975,000 None Available
Warranty Deed $785,000 Meridian Intl Ttl Svcs Corp
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,481,200 New Conventional
Previous Owner $1,378,695 Commercial
Previous Owner $1,030,880 Construction
Source: Public Records

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Source: BeachesMLS

MLS Number: R11038678

BeachesMLS

APN: 12-43-46-08-19-004-0020