NOT LISTED FOR SALE

2175 Ibis Isle Rd Unit 40 Palm Beach, FL 33480

Estimated Value: $986,660 - $2,239,000

2 Beds
2 Baths
1,404 Sq Ft
$1,092/Sq Ft Est. Value

Highlights

  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Balcony
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Central Heating and Cooling System

About This Home

As of November 2023

Sophisticated two bedroom rental on Ibis Isle. Beautifully decorated two bedroom two bath rental for the season. Split bedroom en-suite layout. This unit has nice intracoastal water views east and west. There are two terraces, one is screened in. There are two swimming pools for tenants use. One street to Phipps beach. Close to Worth Avenue shopping and the finest restaurants in south Florida. A short ride to the airport.

Last Agent to Rent the Property

Elliot Epstein

Sotheby's International Realty, Inc. License #BK-3218623 Listed on: 11/07/2022

Sotheby's International Realty, Inc.

Last Renter's Agent

JUDITH LYONS

COLDWELL BANKER

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $10,134

Year Built

  • Built in 1969

Home Design

  • 1,404 Sq Ft Home

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • No Garage

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Laundry in unit
  • Property fronts an intracoastal waterway

Community Details

  • Property has a Home Owners Association
  • Villa Rideau Community
  • Ibis Isle Subdivision

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes cable TV, water, sewer
  • Ask Agent About Lease Term
  • Seasonal Lease Term
  • Assessor Parcel Number 50434415270000040

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$10,134

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: Ibis Isle
  • Architectural Style: Other Style
  • Building Name: Villa Rideau
  • Garage Yn: Yes
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Villa Rideau
  • General Property Description:Living Area: 1404.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Floors:Marble: Yes
  • Contract Information:Deposit Amount: 15000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: No
  • Utilities Included:Basic Cable TV: Yes
  • Utilities Included:Water: Yes
  • Utilities Included:Sewer3: Yes
  • Lease Type:Seasonal: Yes
  • Lease Type:Off Season: Yes
  • Waterfront - Unit:Intracoastal-Direct4: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Owner Pays
  • Total Bedrooms: 2
  • Flooring: Marble, Tile
  • Living Area: 1404.0

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Water, Sewer

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Parcel #: 50434415270000040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2010
Sold by
Traub Ronald and Traub Willard
Bought by
Ronis Lisa P
Current Estimated Value
$1,532,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Outstanding Balance
$100,016
Interest Rate
4.59%
Mortgage Type
New Conventional
Estimated Equity
$1,400,298

Purchase Details

Closed on
Jul 7, 2009
Sold by
Traub Ronald
Bought by
Traub Ronald and Traub Willard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ronis Lisa P $247,500 Attorney
Traub Ronald -- Attorney
N Traub Living Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronis Lisa P $147,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Rented $40,000 +300.0% --
08/04/2023 08/04/23 Under Contract -- -- --
03/03/2023 03/03/23 Price Changed $10,000 -20.0% $7 / Sq Ft
11/29/2022 11/29/22 Price Changed $12,500 -16.7% $9 / Sq Ft
11/07/2022 11/07/22 For Rent $15,000 -- --
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 $10,134 $570,196 -- --
2023 $8,471 $518,360 $0 $560,000
2022 $8,276 $471,236 $0 $0
2021 $7,760 $481,000 $0 $481,000
2020 $7,683 $506,000 $0 $506,000
2019 $7,497 $506,000 $0 $506,000
2018 $6,049 $376,000 $0 $376,000
2017 $5,743 $356,000 $0 $0
2016 $4,672 $266,000 $0 $0
2015 $4,594 $251,000 $0 $0
2014 $4,618 $247,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1613

APN: 50-43-44-15-27-000-0040