NOT LISTED FOR SALE

2270 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $3,314,000 - $12,332,889

0.28 Acre
$27,940,875 Price per Acre
12,197 Sq Ft Lot

Last Sold November 02, 2021

Last sale price $2,550,000 $561 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $44,634/month

5 Days on Market

About This Lot

As of November 2021

Great opportunity to build new on one of Palm Beach's lowest priced vacant lots! Potential for second story water views. Close to the ocean and Palm beach Tennis Center, as well as, Palm Beach Par 3 golf course, 5 star hotels, Worth Avenue, restaurants and cultural centers. Available for individual sale or in combination the the adjacent house (also currently listed.)

Last Agent to Sell the Property

Ashley McIntosh

Douglas Elliman License #476962 Listed on: 05/19/2021

Douglas Elliman

Last Buyer's Agent

Cara McClure

Douglas Elliman License #SL-3177951

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,586

Year Built

  • 2023

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • East Facing Home
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Community Details

  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000330

Property Details

Property Type

Land

Est. Annual Taxes

$10,586

Year Built

2023

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Subdivision Name: Ibis Isle
  • Directions: Cross Bridge on A1A by Phipps Ocean Park onto Ibis Isle, turn left and lot will be located on the right.
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Taxes2: 10586.21
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 120
  • General Property Description:Lot SqFt: 12197
  • Exposure:East: Yes
  • Street Type:Paved: Yes
  • Special Features: None
  • Year Built: 2023

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Lot Info

  • Lot Size Sq Ft: 12197.0
  • Parcel #: 50434415010000330
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10586.21
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
W Ibis Isle Llc
Bought by
W Capital Llc
Total Days on Market
5
Current Estimated Value
$7,823,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,440,000
Interest Rate
1.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 26, 2001
Sold by
Remson Mark
Bought by
Remson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2000
Sold by
Remson Deborah
Bought by
Remson Mark

Purchase Details

Closed on
Oct 14, 1998
Sold by
Favale Frank
Bought by
Remson Mark and Remson Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.8%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
W Capital Llc -- --
Remson Mark -- --
Remson Mark -- --
Remson Mark $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W Horseshoe Llc $150,000
Open W Horseshoe Llc $600,000
Closed W Capital Llc $350,000
Closed W Capital Llc $2,440,000
Previous Owner Remson Mark $250,000
Previous Owner Remson Mark $50,000
Previous Owner Remson Mark $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $10,498,000 -8.7% $2,309 / Sq Ft
01/23/2025 01/23/25 Price Changed $11,499,000 -2.6% $2,529 / Sq Ft
09/16/2024 09/16/24 For Sale $11,800,000 +362.7% $2,596 / Sq Ft
11/02/2021 11/02/21 Sold $2,550,000 0.0% $561 / Sq Ft
11/02/2021 11/02/21 Sold $2,550,000 0.0% $561 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
05/24/2021 05/24/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $2,550,000 -1.9% $561 / Sq Ft
04/07/2021 04/07/21 For Sale $2,600,000 -- $572 / 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 $37,375 $2,463,000 -- --
2023 $37,656 $2,463,000 $2,463,000 $0
2022 $34,929 $2,210,296 $0 $0
2021 $12,800 $1,215,000 $1,215,000 $0
2020 $10,458 $900,000 $900,000 $0
2019 $10,608 $936,000 $936,000 $0
2018 $9,778 $934,709 $934,709 $0
2017 $9,728 $934,709 $934,709 $0
2016 $9,093 $245,270 $0 $0
2015 $8,425 $222,973 $0 $0
2014 $4,899 $202,703 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-815

APN: 50-43-44-15-01-000-0330