NOT LISTED FOR SALE

2291 Ibis Isle Rd E Palm Beach, FL 33480

Estimated Value: $3,501,000 - $13,138,746

4 Beds
4 Baths
4,345 Sq Ft
$2,017/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $12,500,000 $2,877 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $61,085/month

104 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Pool and Spa
  • Contemporary Architecture
  • Palm Beach Public School Rated A-
  • New Construction
  • Lanai

About This Home

As of February 2024

Brand New Waterfront home on sought after Ibis Isle. State of the Art-Luxurious New Construction built by Courchene Development. This 4bedroom/4.1Bath home sits directly on the Intracoastal providing breathtaking waterfront vistas for miles. Recently completed, and move in ready, this spectacular home has all the bells and whistles! Equipped with a Crestron Smart Home System. Gourmet kitchen and appliances to satisfy the most discerning chef. Custom cabinetry and built-ins, and elegant book matched marble on the fireplace and in bathrooms. Soaring High Impact floor to ceiling windows & doors throughout, lushly landscaped backyard featuring a large heated lap pool with spa, spacious covered loggia for dining al fresco and so much more making this the perfect home for indoor/outdoor living.

Last Agent to Sell the Property

Chris Deitz

Compass Florida, LLC License #631706 Listed on: 10/24/2023

Compass Florida, LLC

Co-Listed By

Michael Costello

Compass Florida, LLC License #SL-3336872

Last Buyer's Agent

Valentina Kraver

Douglas Elliman License #SL-3393055

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,345 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace
  • Sliding Windows
  • Dining Area
  • Library
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ibis Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434415010000390

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,633

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 100
  • Subdivision Name: Ibis Isle
  • Directions: South Ocean Blvd to Ibis Isle to 2291
  • Architectural Style: Contemporary, Two Story
  • Year Built: 2023
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 3633.0
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 4345.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 100
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 12197
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • Auto Garage Door Opener: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Elevator, Fireplace, Storage, Other (See Remarks), Pantry
  • Living Area: 4345.0
  • Window Features: Impact Glass, Impact Glass-Full, Sliding
  • Interior Features:Storage: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Spa
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: New Construction
  • Exterior Features: Balcony, Patio/Lanai, Sprinkler System
  • Roof: Other
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 50434415010000390
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3633.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 26, 2024
Sold by
2291 Ibis Isle Llc
Bought by
Ibis Isle Road East Llc
Seller's Agent
Chris Deitz
Compass Florida, LLC
Buyer's Agent
Valentina Kraver
Douglas Elliman
List Price
$13,895,000
Sold Price
$12,500,000
Premium/Discount to List
-$1,395,000
-10.04%
Total Days on Market
104
Views
139
Current Estimated Value
$8,765,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,734,085
Avg. Annual Appreciation
-24.54%

Purchase Details

Listed on
Mar 26, 2019
Closed on
Oct 5, 2020
Sold by
Eriksen Lynne
Bought by
2291 Ibis Isle Llc
Seller's Agent
Pamela Seals
Illustrated Properties LLC (Co
Buyer's Agent
Ashley Copeland
Brown Harris Stevens of PB
List Price
$2,400,000
Sold Price
$1,450,000
Premium/Discount to List
-$950,000
-39.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.14%
Original Mortgage
$1,015,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 16, 2013
Sold by
2291 Ibis Isle Road East Acquisitions En
Bought by
Erikse Lynne
Seller's Agent
Tarek Kirschen
MMLS Assoc.-Inactive Member
List Price
$1,295,000
Sold Price
$1,000,000
Premium/Discount to List
-$295,000
-22.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Jun 10, 2013
Closed on
May 10, 2013
Sold by
Johnson Wayne
Bought by
2291 Ibis Isle Road East Acquisition Ent
Seller's Agent
Douglas Rill
Century 21 America's Choice
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$880,000
Sold Price
$880,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.34%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Dec 28, 2012
Sold by
Mayer Freidel R
Bought by
2291 Ibis Isle Road East Llc
Seller's Agent
Douglas Rill
Century 21 America's Choice/WPB
Buyer's Agent
George Gamble
Century 21 America's Choice/WPB
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.08%
Original Mortgage
$795,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Mayer Friedel
Bought by
Mayer Friedel
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
Ibis Isle Road East Llc $12,500,000 None Listed On Document
2291 Ibis Isle Llc $1,450,000 Homepartners Title Svcs Llc
Erikse Lynne $1,000,000 Universal Land Title Llc
2291 Ibis Isle Road East Acquisition Ent $799,000 Attorney
2291 Ibis Isle Road East Llc $700,000 Standard Title Insurance Age
Johnson Wayne $799,000 Attorney
Mayer Friedel -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2291 Ibis Isle Road East Llc $8,000,000
Previous Owner 2291 Ibis Isle Llc $760,000
Previous Owner 2291 Ibis Isle Llc $4,537,500
Previous Owner 2291 Ibis Isle Llc $1,015,000
Previous Owner Johnson Wayne $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $12,500,000 -10.0% $2,877 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
10/24/2023 10/24/23 For Sale $13,895,000 +858.3% $3,198 / Sq Ft
10/09/2020 10/09/20 Sold $1,450,000 -39.6% $688 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
03/26/2019 03/26/19 For Sale $2,400,000 +140.0% $1,139 / Sq Ft
09/16/2013 09/16/13 Sold $1,000,000 -22.8% $400 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $1,295,000 +47.2% $519 / Sq Ft
06/20/2013 06/20/13 Sold $880,000 0.0% $418 / Sq Ft
06/10/2013 06/10/13 For Sale $880,000 +25.7% $418 / Sq Ft
12/28/2012 12/28/12 Sold $700,000 -17.6% $332 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $850,000 -- $403 / 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 $142,537 $8,476,011 -- --
2023 $35,467 $1,687,950 $0 $0
2022 $33,127 $1,534,500 $0 $0
2021 $24,212 $1,434,834 $1,395,000 $39,834
2020 $27,336 $1,922,027 $1,725,000 $197,027
2019 $26,222 $1,855,387 $1,725,000 $130,387
2018 $22,543 $1,620,141 $1,463,616 $156,525
2017 $18,602 $1,116,292 $1,108,800 $7,492
2016 $16,795 $932,361 $0 $0
2015 $15,355 $847,601 $0 $0
2014 $15,539 $846,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Deitz

    Seller's Agent in 2024

    Chris Deitz

    Compass Florida, LLC

    (561) 655-6570

    21 Total Sales

    Chris Deitz
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Michael Costello

    Compass Florida, LLC

    (561) 803-7779

    51 Total Sales

    Michael Costello
    Section Image
  • Valentina Kraver

    Buyer's Agent in 2024

    Valentina Kraver

    Douglas Elliman

    (561) 655-8600

    23 Total Sales

    Valentina Kraver
    Section Image
  • Pamela Seals

    Seller's Agent in 2020

    Pamela Seals

    Illustrated Properties LLC (Co

    (561) 531-3939

    79 Total Sales

    Pamela Seals
    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Copeland

    Brown Harris Stevens of PB

    (561) 596-5959

    77 Total Sales

    Ashley Copeland
    Section Image
  • Douglas Rill

    Seller's Agent in 2013

    Douglas Rill

    Century 21 America's Choice

    (561) 659-3630

    5 Total Sales

    Douglas Rill
    Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-1686

APN: 50-43-44-15-01-000-0390

Florida Palm Beach County Palm Beach 33480

2291 Ibis Isle Rd E, Palm Beach, FL

This home is located at 2291 Ibis Isle Rd E, Palm Beach, FL 33480 since 24 October 2023 and is currently estimated at $8,765,915, approximately $2,017 per square foot. This property was built in 2023. 2291 Ibis Isle Rd E 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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