NOT LISTED FOR SALE

2150 Ibis Isle Rd Unit Tower Suite East Palm Beach, FL 33480

Estimated Value: $2,905,000 - $3,199,421

3 Beds
3 Baths
2,692 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,799,000 $668 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $21,942/month

30 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Wine Refrigerator
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Balcony

About This Home

As of February 2021

As one of only two towers sited in the Intracoastal in all of Palm Beach, Ibis Isle's Tower East residence offers unparalleled, breathtaking views on the waterway. With a great floor plan, this all exterior three-bedroom, three bath, glass jewel penthouse, floats over the intracoastal with high ceilings and approximates 2,800 sq. ft. Unobstructed, panoramic views emanate from its 3,000 sq ft wraparound terraces. Although in fine, move-in condition, this singular residence could be an owner's forever home with the most upscale, high-end, no expense spared renovation. On arrival home, the elevator opens to an entry vestibule, shared only with the West penthouse. A large square entry foyer opens to a magical residence with hurricane impact floor-to-ceiling sliding doors and fully automatic electric window treatments. Elegant entertaining is immediate from the corner living room with Ocean views, fireplace and bar. The open kitchen has eastern views. One of the en suite guest rooms is at the southern end of the residence and affords privacy. Each and every room opens to the terrace. Amenities include two designated parking places, one covered, two heated pools and doorman service.

The Tower Vallandry condominium is located on exclusive Ibis Isle just minutes from the center of town. Residents enjoy miles of private paths for walking, jogging or biking. The pristine beaches of the Atlantic Ocean are a short walk or bike ride away inside Phipps Ocean Park. Your tower home is close to the Four Seasons Resort with beachfront dining, a world class restaurant, luxurious spa and a selection of indoor & outdoor bars, the new AquaCafe, Tideline Hotel and restaurants, the Par 3 Golf Course and Al Fresco restaurant, the Phipps Tennis Center, PB International Airport and a local green market.

Last Agent to Sell the Property

MARYANN CHOPP

Sotheby's International Realty, Inc. License #BK-3216754 Listed on: 11/30/2020

Sotheby's International Realty, Inc.

Last Buyer's Agent

Marianne Chopp

BONSAI REALTY CORPORATION

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $19,296

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions

HOA Fees

  • $2,650 Monthly HOA Fees

Interior Spaces

  • 2,692 Sq Ft Home
  • Wet Bar
  • Fireplace
  • Window Treatments
  • Dining Room
  • Tile Flooring
  • High Impact Door

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Open Parking

Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 50434415240000220

Community Details

Overview

  • Association fees include insurance, trash, pest control, sewer, water
  • 22 Units
  • Tower Vallandry Community
  • 6-Story Property

Amenities

  • Doorman
  • Lobby
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Recreation

  • Gas Heated Pool
  • Outdoor Pool

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$19,296

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2,650 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: 95 to Southern Blvd east to A1A south to Ibis Isle. Right after bridge. Tower on left/west side at end of road.
  • Building Name: Tower Vallandry
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Tower Vallandry
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 19296.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 2692.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 7950.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 22
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Pets:Pets Allowed: No
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Restrictions:No Pets Allowed: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Freezer, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cable, Fireplace, Wet Bar, Wndw Trmnts Included
  • Living Area: 2692.0
  • Stories: 6
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434415240000220
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 22
  • Maintenance Expense: 7950.0

Tax Info

  • Tax Annual Amount: 19296.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 19, 2021
Sold by
Nicholson Patricia E
Bought by
Kemper Randolph and Ingrao Anthony G
Seller's Agent
MARYANN CHOPP
Sotheby's International Realty, Inc.
Buyer's Agent
Marianne Chopp
BONSAI REALTY CORPORATION
List Price
$1,799,000
Sold Price
$1,799,000
Current Estimated Value
$3,034,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,235,474
Avg. Annual Appreciation
11.98%
Original Mortgage
$1,439,200
Outstanding Balance
$1,287,206
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,747,268

Purchase Details

Closed on
Nov 2, 2020
Sold by
Gaynor Vere W and Gaynor Susan R
Bought by
Nicholson Patricia E

Purchase Details

Closed on
May 29, 2015
Sold by
Duncan Patricia
Bought by
Gaynor Vere W

Purchase Details

Closed on
Mar 31, 2002
Sold by
Weitzman Jay and Weitzman Carole
Bought by
Duncan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kemper Randolph $1,799,000 Attorney
Ingrao Anthony G $1,799,000 None Listed On Document
Nicholson Patricia E $1,250,000 Premier Title Company Ltd
Gaynor Vere W $1,889,000 Premier Title Company Ltd
Duncan Patricia $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingrao Anthony G $1,439,200
Closed Ingrao Anthony G $1,439,200
Previous Owner Duncan Patricia $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $1,799,000 0.0% $668 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $1,799,000 -- $668 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $37,697 $2,262,700 -- --
2023 $34,703 $2,057,000 $0 $0
2022 $29,289 $1,870,000 $0 $0
2021 $23,858 $1,450,000 $0 $1,450,000
2020 $19,296 $1,150,000 $0 $1,150,000
2019 $21,232 $1,280,211 $0 $0
2018 $20,157 $1,256,341 $0 $0
2017 $20,160 $1,230,500 $0 $0
2016 $20,143 $1,205,191 $0 $0
2015 $12,804 $665,500 $0 $0
2014 $11,800 $605,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-2082

APN: 50-43-44-15-24-000-0220