NOT LISTED FOR SALE

2285 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $2,854,000 - $5,841,000

4 Beds
5.5 Baths
2,897 Sq Ft
$1,667/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $3,200,000 $1,105 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $30,911/month

114 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Home fronts a lagoon or estuary
  • Palm Beach Public School Rated A-
  • Concrete Pool
  • Wood Flooring

About This Home

As of August 2021

Least expensive direct waterfront listing in Palm Beach. Pre-renovation. Will be beautifully restored by October 2021. The house will boast four bedrooms, five and a half bathrooms, eat-in-kitchen with top of the line appliances; hardwood floors; hurricane impact doors and windows, and a lovely terrace with summer kitchen and pool to enjoy beautiful views of the Intracoastal Waterway. A short distance to Ocean beaches, The Royal Poinciana Plaza, Worth Avenue shopping, the Norton Museum of Art, area restaurants, Kravis Center, and airport. No expense spared. Easy to show. Potential buyer has time to pick out finishes with the developer.

Last Agent to Sell the Property

Andrew Thomka-Gazdik

Sotheby's Intl. Realty, Inc. License #3024904 Listed on: 04/02/2021

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Ashley McIntosh

Douglas Elliman License #476962

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,308

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 2,897 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Intracoastal Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Security Gate

Additional Features

  • Concrete Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434415010000400

Community Details

Overview

  • Ibis Isle Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,308

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: DIRECT ON SO OCEAN BLVD TO IBIS ISLE,TURN LEFT AT 2285
  • Year Built: 1968
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Eat-in Kitchen, Kitchen/Dining Combo, Pantry
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Microwave
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 2897.0
  • Stories: 1

Exterior Features

  • View: Intercoastal
  • Pool Features: Concrete, Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434415010000400
  • Lot Size Sq Ft: 12000.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15308.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Sanderson Diana Uribe
Bought by
Global One Investment Group Llc
Current Estimated Value
$4,828,769

Purchase Details

Listed on
Apr 2, 2021
Closed on
Aug 23, 2021
Sold by
2285 Ibis Llc
Bought by
Sanderson Diana Uribe
Seller's Agent
Andrew Thomka-Gazdik
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Ashley McIntosh
Douglas Elliman
List Price
$4,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$1,300,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Feb 2, 2021
Sold by
Rill Douglas J and Rill Angela M
Bought by
2285 Ibis Llc

Purchase Details

Closed on
Jul 18, 2003
Sold by
Tabakin Sondra J
Bought by
Rill Douglas J and Rill Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2001
Sold by
Paul Summers M and Alice Summers M
Bought by
Tabakin Sondra J Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Global One Investment Group Llc $4,000,000 Attorney
Sanderson Diana Uribe $3,200,000 Standard Title Ins Agcy Inc
2285 Ibis Llc $1,950,000 Standard Title Ins Agcy Inc
Rill Douglas J $860,000 --
Tabakin Sondra J Trust $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rill Douglas J $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $3,200,000 -28.9% $1,105 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $4,500,000 -- $1,553 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $63,421 $6,404,724 -- --
2024 $63,421 $4,049,828 -- --
2023 $56,503 $3,681,662 $0 $0
2022 $52,726 $3,346,965 $0 $0
2021 $15,295 $924,660 $0 $0
2020 $15,308 $911,893 $0 $0
2019 $15,269 $891,391 $0 $0
2018 $14,530 $874,770 $0 $0
2017 $14,513 $856,778 $0 $0
2016 $13,920 $839,156 $0 $0
2015 $14,391 $833,323 $0 $0
2014 $14,459 $826,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10704749

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-44-15-01-000-0400