$2,100,000
SOLD APR 4, 2025

2150 Ibis Isle Rd Unit Ph3 Palm Beach, FL 33480

2 Beds
2 Baths
1,949 Sq Ft
$2,017/mo HOA Fee

Recently Sold

$1,077 Per Sq Ft

24% Below List Price

165 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Fitness Center
  • Palm Beach Public School Rated A-
  • Property fronts an intracoastal waterway
  • Great Room

About This Home

As of April 2025

Breathtakingly expansive Intracoastal views from this freshly painted, bright 5th floor Two Bedroom, Two Bath Premiere Penthouse in the desirable Boutique Tower Vallandry Condominium! Enjoy expansive north, east and western views from the over-sized wrap around balcony, spacious living room, formal dining room and generously sized eat-in kitchen. Well-designed floor plan with floor to ceiling impact windows and sliders throughout. PH3 offers formal living with marble flooring, split private suite style bedrooms inclusive of multiple walk-in closets, two walk-in showers, sizable working kitchen with large pantry, entry hall, washer and dryer, additional in unit storage closets, as well as storage outside the unit.Relish the tranquility of true waterfront living while enjoying...

Last Agent to Sell the Property

MICHELLE KIRSCHNER

Douglas Elliman License #3429703 Listed on: 10/21/2024

Douglas Elliman

Co-Listed By

Christine Cox

Douglas Elliman (Jupiter) License #3037662

Last Buyer's Agent

MICHELLE KIRSCHNER

Douglas Elliman License #3429703 Listed on: 10/21/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $2,017 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Ocean
  • Intracoastal
  • Garden
  • Pool

Interior Spaces

  • 1,949 Sq Ft Home
  • Bar
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434415240000200
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, security, water
  • Tower Vallandry Ibis Isle Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,092

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2,017 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A to Ibis Isle across from Phipps Ocean Park. Head straight into the community. Take a right at the guard house. Tower Vallandry, building 2150, last building up on left. Park in guest parking.
  • Year Built: 1969
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1949.0
  • Dining Room Type: Great Room, Laundry, Storage Room
  • Stories: 6
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Intercoastal, Ocean, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2017.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Security, Water

Lot Info

  • Parcel #: 50434415240000200
  • Zoning Description: R-C(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6092.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Apr 3, 2025
Sold by
Margaret San Fan Andre Living Trust and Cioffi James A
Bought by
Defelice Gianpaolo and De Felice Gabrielle
Seller's Agent
MICHELLE KIRSCHNER
Douglas Elliman
Buyer's Agent
MICHELLE KIRSCHNER
Douglas Elliman
List Price
$2,750,000
Sold Price
$2,100,000
Premium/Discount to List
-$650,000
-23.64%
Total Days on Market
165
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.89%

Purchase Details

Closed on
Jun 20, 2012
Sold by
San Fan Andre Margaret H
Bought by
San Fan Andre Margaret and The Margarte San Fan Andre Living Trust

Purchase Details

Closed on
Apr 12, 2006
Sold by
Daly Kenneth
Bought by
Andre Margaret H San Fan

Purchase Details

Closed on
Aug 27, 2004
Sold by
Forman Margaret M and Forman Irwin
Bought by
Sanfanandre Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Forman Margaret M and Forman Irwin
Bought by
Forman Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,118
Interest Rate
5.89%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,100,000 None Listed On Document
Special Warranty Deed $2,100,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $437,000 Attorney
Warranty Deed $625,000 Capital Title Company
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,000 Fannie Mae Freddie Mac
Previous Owner $310,000 Purchase Money Mortgage
Previous Owner $194,118 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $2,100,000 -16.0% $1,077 / Sq Ft
12/12/2024 12/12/24 Price Changed $2,500,000 -9.1% $1,283 / Sq Ft
10/21/2024 10/21/24 For Sale $2,750,000 -- $1,411 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

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 $28,298 $1,880,000 -- --
2023 $6,092 $428,951 $0 $0
2022 $6,147 $416,457 $0 $0
2021 $6,245 $404,327 $0 $0
2020 $6,247 $398,745 $0 $0
2019 $6,225 $389,780 $0 $0
2018 $5,908 $382,512 $0 $0
2017 $5,896 $374,644 $0 $0
2016 $5,717 $366,938 $0 $0
2015 $5,908 $364,387 $0 $0
2014 $5,933 $361,495 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11030154

BeachesMLS

APN: 50-43-44-15-24-000-0200