1508 Lake Drive, Delray Beach FL 33444, DELRAY BEACH, FL, 33444
Active56 days on marketListed Jun 16, 2026MLS #B26042985
About this home
1508 Lake Drive, Delray Beach FL 33444
One of Lake Ida's most commanding direct waterfront properties. Newly custom-built in 2019, this stunning property offers move-in ready perfection. Open and sun-filled spaces featuring high ceilings with expansive impact glass doors and windows. Situated on approximately one-half acre with 100 feet of waterfront on beautiful Lake Ida. Pristine tile floors downstairs and real hardwood upstairs. Custom Chef's kitchen with modern Leicht, one-touch cabinetry, Sub-Zero and Wolf appliances. Metal roof. Covered back patio with an inlaid wood ceiling and a summer kitchen. Resort-style heated pool and spa. Boat dock. Lushly landscaped yard. Whole house Generac generator on city natural gas. Just minutes from the shops and restaurants of Downtown Delray and the white sand beach. A Floridian dream! Leicht cabinetry throughout the house. Induction cooktop. Miele dishwasher. Two outdoor showers. Laundry rooms upstairs and downstairs. Office. Flex room/gym. Family room/den/loft. Covered upstairs balcony overlooking the lake with breathtaking views and spectacular sunsets. Three Lenox air conditioning units. New pool heater. Poolside outdoor air conditioned cabana bathroom. Incredible property for entertaining and relaxing. Enjoy fishing, wake surfing, waterskiing and waver running on Lake Ida. Play tennis and pickleball at the Delray Tennis Center. First class living with non-stop fun.
Facts & features
The home at a glance
4
Bedrooms
5
Bathrooms
4,469
Sqft
0.34 ac
Lot size
2
Garage
2019
Year built
2
Levels
$1,565
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$44,243 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$44,243/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Delray Beach actives
$1,565 vs $243
Days on market
56 vs 61 typical
Where $1,565/sqft sits among the 400 Delray Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Ida Park
Get to know Delray Beach. See the full Delray Beach guide →
Lake Ida Park — neighborhood snapshot
Population
1,454
Median age
51
Median income
$146,336
Median home value
$982,587
Avg household
2
Households w/ children
121
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Delray Beach market
$584K → $433K
Delray Beach median sold, yr/yr
95.7%
Sale-to-list ratio (12 mo)
39 of 400
Delray Beach actives have cut their price
Median sold price, Delray Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3296% above the DELRAY BEACH 33444 median. See the full Delray Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 1508 Lake Drive
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$3,510,000
1408 Pine Lane, Delray Beach FL 33444 · same community
5 bd · 5 ba · 3,673 sqft · $956/sqft · 38 DOM
Sold · Feb ’26$1,300,000
501 NW 13th Street, Delray Beach FL 33444 · same community
3 bd · 2 ba · 1,664 sqft · $781/sqft · 198 DOM
Sold · Jun ’26$4,000,000
1701 N Swinton Avenue, Delray Beach FL 33444
5 bd · 5 ba · 4,573 sqft · $875/sqft · 21 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1508 Lake Drive — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1508 Lake Drive — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1508 Lake Drive FAQs
What would the monthly payment be for 1508 Lake Drive, Delray Beach FL 33444?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $44,243/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1508 Lake Drive, Delray Beach FL 33444?+
The most recent tax bill on record (2025) was $44,586. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1508 Lake Drive, Delray Beach FL 33444?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Delray Beach?+
At $6,995,000, this home is listed about 2491% above the Delray Beach median of $269,999. The market section on this page shows how the area is trending.
Which schools are assigned to 1508 Lake Drive, Delray Beach FL 33444?+
Plumosa School Of The Arts (elementary), Atlantic High School (high), Carver Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$6,995,000 runs 3296% above the DELRAY BEACH 33444 median — but at 4,469 sqft it's also nearly 4 times the size of the typical Delray Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Plumosa School Of The Arts, Atlantic High School, Carver Middle School, Glades Construction Academy At West Technical — Plumosa School Of The Arts rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $7,995,000, now $6,995,000 — a $1.0M cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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