NOT LISTED FOR SALE

2291 Ibis Isle Rd E Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $7,219,000 - $10,931,115

4 Beds
4.5 Baths
4,345 Sq Ft
$1,973/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2024

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

Est. 31% decrease in value since last sale

Current estimated payment $58,950 / mo

95 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • New Construction
  • Sitting Area In Primary Bedroom
  • Palm Beach Public School Rated A-
  • Pool
  • Two Primary Bathrooms

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.

Co-Listed By

Michael Costello

Compass Florida LLC License #3336872

Compass Florida LLC

Last Buyer's Agent

Valentina Kraver

Douglas Elliman License #3393055

Douglas Elliman

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,633

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 12,000 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R-B(ci

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Property Views

  • Intracoastal
  • Lagoon

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,345 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Storage Room
  • Complete Impact Glass

Kitchen

  • Eat-In Kitchen
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Pool

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Patio
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 50434415010000390

Community Details

Overview

  • No Home Owners Association
  • Ibis Isle Subdivision

Recreation

  • Community Pool

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,633

Year Built

Built in 2023 | New Construction

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: FLL273007303
  • Co List Office Phone: 561-270-5384
  • Directions: SOUTH OCEAN BLVD TO IBIS ISLE
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size Acres: 0.28
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: IBIS ISLE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 12500000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Pantry, Vaulted Ceiling(s), Storage
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 4345
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: Primary Bath Shower, Sitting Area - Primary Bedroom, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Pantry, Storage Room
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Shower Only, Tub Only

Exterior Features

  • View: Intracoastal View, Lagoon, Pool, Lagoon View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Elevator(s), Private Pool
  • Association: No
  • Community Features: Street Lights

Lot Info

  • Parcel Number: 50434415010000390
  • Lot Size Sq Ft: 12000
  • Zoning: R-B(ci

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 35633

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Current Estimated Value
$8,572,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,927,295
Avg. Annual Appreciation
-14.00%

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 10, 2012
Closed on
Dec 28, 2012
Sold by
2291 Ibis Isle Road East Llc
Bought by
Johnson Wayne
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 and Trust Of Friedel R Mayer
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$12,500,000 None Listed On Document
2291 Ibis Isle Llc $1,450,000 New Title Company Name
Erikse Lynne $1,000,000 Universal Land Title Llc
2291 Ibis Isle Road East Acquisition Ent $799,000 Attorney
Johnson Wayne $799,000 Attorney
2291 Ibis Isle Road East Llc $700,000 Standard Title Insurance Age
Mayer Friedel -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $8,000,000
Previous Owner 2291 Ibis Isle Llc $5,905,000
Previous Owner 2291 Ibis Isle Llc $760,000
Previous Owner 2291 Ibis Isle Llc $4,537,500
Previous Owner -- $1,015,000
Previous Owner Johnson Wayne $795,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2024 02/26/24 Sold $12,500,000 -10.0% $2,877 / Sq Ft
01/27/2024 01/27/24 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 View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
03/26/2019 03/26/19 For Sale $2,400,000 +172.7% $1,139 / Sq Ft
06/20/2013 06/20/13 Sold $880,000 0.0% $418 / Sq Ft View Prior Sale
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 View Prior Sale
11/28/2012 11/28/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $850,000 -- $403 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $142,537 $10,001,726
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

  • Michael Costello Real Estate Agent - Compass Florida LLC

    Seller Co-Listing Agent in 2024

    Michael Costello

    Compass Florida LLC

    (561) 803-7779

    36 Total Sales

    Michael Costello
    Section Image
  • Valentina Kraver Real Estate Agent - Douglas Elliman

    Buyer's Agent in 2024

    Valentina Kraver

    Douglas Elliman

    (305) 975-5530

    27 Total Sales

    Valentina Kraver
    Section Image
  • Sasha Kraver Real Estate Agent - Douglas Elliman

    Buyer Co-Listing Agent in 2024

    Sasha Kraver

    Douglas Elliman

    (561) 655-8600

    23 Total Sales

    Sasha Kraver
    Section Image
  • Pamela Seals Real Estate Agent - Illustrated Properties LLC (Co

    Seller's Agent in 2020

    Pamela Seals

    Illustrated Properties LLC (Co

    (561) 531-3939

    82 Total Sales

    Pamela Seals
    Section Image

  • AC

    Buyer's Agent in 2020

    Ashley Copeland

    Brown Harris Stevens of PB

    (561) 596-5959

    58 Total Sales

    Ashley Copeland
    Section Image
  • Douglas Rill Real Estate Agent - Century 21 America's Choice

    Seller's Agent in 2013

    Douglas Rill

    Century 21 America's Choice

    (561) 659-3630

    6 Total Sales

    Douglas Rill
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10930047

MIAMI REALTORS® MLS

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

Florida Palm Beach County Palm Beach 33480

2291 Ibis Isle Rd E, Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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