Major opportunity for redevelopment! This .44-acre estate is a builder's dream! Massive lot & pool home located in Delray's most sought-after neighborhood of Lake Ida. One of the few remaining buildable lots left in this neighborhood. Expand the two current concrete structures, tear it down and build one massive dream home, or continue with the current architectural plans to divide the lots and build two separate spec homes. This elevated tri-level home with separate cottage offers 5 bedrooms, plus bonus room, 3 bathrooms, lg. windows for abundant natural light, a elongated pool, oversized 2 car garage, private front yard, a raised deck to the south plus additional 9,200+SF vacant lot. SEE APPRAISER REPORT IN DOCUMENTS SECTION OF THE LISTING.