2170 Ibis Isle Road 3, Palm Beach, FL 33480 — MLS photo

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2170 Ibis Isle Road 3, Palm Beach, FL 33480

Active · Condominium

$2,620,000

2170 Ibis Isle Road 3, Palm Beach, FL 33480

Beds
2
Baths
2
Living area
1,269 sq ft
$ / sq ft
$2,065/sq ft
Year built
1968
Lot size
—
HOA fee
$3,900
Annual tax
—

About this property

Recently renovated, like new, this 2 bedroom, 2 bathrooms offers expansive direct Intracoastal views from every room. Ground floor unit makes condo living seamless and easy. Ibis Isle offers 2 pools, a park, and night time security. Across from Phipps Ocean Park and Palm Beach Tennis Center. Close to Par 3, Worth Avenue, and fine dining.

Property location

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2170 Ibis Isle Road 3, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,269 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,900
County
Palm Beach
MLS listing ID
R11152502
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

-$13,457

Cap rate
-0.5%
Net yield
-0.5%
Cash-on-cash return
-22.0%
Gross yield
4.3%
Mortgage payment
$12,420/mo
Down payment
$655,000
Loan amount
$1,965,000
Annual NOI
-$12,439

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