4080 Ibis Point Circle, Boca Raton, FL 33431 — MLS photo

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4080 Ibis Point Circle, Boca Raton, FL 33431

Active · SingleFamilyResidence

$17,950,000

4080 Ibis Point Circle, Boca Raton, FL 33431

Beds
5
Baths
10
Living area
8,891 sq ft
$ / sq ft
$2,019/sq ft
Year built
2024
Lot size
13,661 sq ft
HOA fee
$2,054 Monthly
Annual tax
$67,198

About this property

''New'' Modern Malibu-inspired Sanctuary Point Estate sets the stage for this Sanctuary point estate with 170± feet of wraparound protected waterfrontage by award-winning team of Stephen Albanese Builders, Quinn Miklos Architects and Marc-Michaels Interior Design. Epic foyer entrance with architectural staircase ascending up 3 levels opens to this glass encased estate with all major rooms facing either the waterway, tranquil bird preserve and Intracoastal waterway. South wing Primary suite includes dual baths and wardrobes, lounge, separate exercise room and waterfront balcony. Resort-like pool/spa and patio with expansion entertainment lanai with summer kitchen and cabana. Other amenities include a Club Room with separate office, 3rd Level Game Room, Wine Room, Elevator and 3.5 bay garag The Sanctuary is Boca Raton's highly coveted and private Celebrity Enclave with 24-hour guard house security, road and waterway patrol. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. /Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2024 by the listing company. All Rights Reserved. Buyer pays title insurance, Florida documentary stamps, and all other closing costs. Taxes are based on vacant land only and subject to change.

Property location

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4080 Ibis Point Circle, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
5
Bathrooms
10
Living area
8,891 sq ft
Flooring
Other
Cooling
Central Air
Heating
Central
Interior features
Bathtub, Dining Area, Separate Formal Dining Room, Family Dining Room, High Ceilings, Shower Only, Upper Level Primary, Utility Room
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2024
Stories
3
Lot size
13,661 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Outdoor Grill, Patio
Pool
Outside Bath Access, Pool
Waterfront
Canal Front, Intersecting Canal, No Fixed Bridges, Ocean Access, Point Lot
View
Canal, Intercoastal, Pool

Parking

Garage spaces
3
Covered spaces
3
Parking features
Attached, Covered, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,054 Monthly
Fee inclusions
Security
Amenities
Boat Dock, Marina, Pool, Guard, Security, Tennis Courts
Security
Gated With Guard, Lobby Secured, Security System, Security Guard
Pets allowed
No
Annual tax
$67,198
Subdivision
The Sanctuary
County
Palm Beach
Days on market
931
MLS listing ID
R10974426
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$44,387

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.6%
Gross yield
4.4%
Mortgage payment
$85,092/mo
Down payment
$4,487,500
Loan amount
$13,462,500
Annual NOI
$488,457

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.