NOT LISTED FOR SALE

2252 W Ibis Isle Rd Palm Beach, FL 33480

Estimated Value: $1,890,000 - $8,769,000

0.43 Acre
$14,893,284 Price per Acre
18,731 Sq Ft Lot

Last Sold January 10, 2014

Last sale price $2,200,000 $135 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $43,488/month

247 Days on Market

About This Lot

As of January 2014

Dramatic sunset view from this incredible Ibis Isle waterfront property. This is a unique opportunity to build your dream house in Palm Beach. 150' Width x 120' Depth

Last Agent to Sell the Property

Brandon Rinker

Rinker Realty, Inc. License #BK-3191964 Listed on: 02/25/2013

Rinker Realty, Inc.

Last Buyer's Agent

BRANDON RINKER

LOGAN REALTY, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,990

Lot Details

  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Cleared Lot
  • Property is zoned RB

Interior Spaces

  • 16,333 Sq Ft Home
  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 50434415010000170

Community Details

Overview

  • Ibis Isle Subdivision

Recreation

  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$21,990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Subdivision Name: Ibis Isle
  • Directions: S. Ocean south of sloans curve, right on Ibis Isle
  • Above Grade Finished Sq Ft: 16333.33
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 21990.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 150
  • Exposure:East: Yes
  • Exposure:West: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Waterview: Yes
  • Miscellaneous:Land Cleared: Yes
  • Miscellaneous:SeawallBulkhead: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes

Utilities

  • Utilities: Electric Available, Electric at Site, Sewer Available, Water Available
  • Water Source: City Water at Site

Lot Info

  • Parcel #: 50434415010000170
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 21990.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Bought by
Marks Andrew W
Current Estimated Value
$6,902,024

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jan 10, 2014
Sold by
Watkins Bruce W and Watkins Tamara
Bought by
2252 Ibis Isle Llc
Seller's Agent
Brandon Rinker
Rinker Realty, Inc.
Buyer's Agent
BRANDON RINKER
LOGAN REALTY, INC.
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Jackson Walter
Bought by
Watkins Bruce W
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
Marks Andrew W -- --
2252 Ibis Isle Llc $2,200,000 Attorney
Watkins Bruce W $950,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2014 01/10/14 Sold $2,200,000 0.0% $135 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $2,200,000 -- $135 / 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 $68,373 $4,624,295 -- --
2023 $66,999 $4,489,607 $0 $0
2022 $67,113 $4,358,842 $0 $0
2021 $68,201 $4,231,885 $0 $0
2020 $68,360 $4,173,457 $0 $0
2019 $68,230 $4,079,626 $0 $0
2018 $64,770 $4,003,558 $0 $0
2017 $64,823 $3,921,213 $2,381,400 $1,539,813
2016 $37,095 $2,079,000 $0 $0
2015 $33,859 $1,890,000 $0 $0
2014 $28,468 $1,402,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Rinker

    Seller's Agent in 2014

    Brandon Rinker

    Rinker Realty, Inc.

    (561) 623-0131

    4 Total Sales

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-536

APN: 50-43-44-15-01-000-0170

Florida Palm Beach County Palm Beach 33480

2252 W Ibis Isle Rd, Palm Beach, FL

This home is located at 2252 W Ibis Isle Rd, Palm Beach, FL 33480 since 25 February 2013 and is currently estimated at $6,404,112, approximately $392 per square foot. 2252 W Ibis Isle Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Lake Worth Community Middle School, and Forest Hill Community High School.

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