Cays Realty
2219 Ibis Isle Road E, Palm Beach, FL 33480 — MLS photo

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2219 Ibis Isle Road E, Palm Beach, FL 33480

Active · SingleFamilyResidence

$11,850,000

2219 Ibis Isle Road E, Palm Beach, FL 33480

Beds
4
Baths
5
Living area
4,200 sq ft
$ / sq ft
$2,821/sq ft
Year built
2025
Lot size
10,800 sq ft
HOA fee
—
Annual tax
$46,515

About this property

New Construction waterfront sanctuary on Palm Beach's prestigious Ibis Isle. This elegant Bermuda-style home designed by Pat Seagraves showcases impeccable craftsmanship & timeless architecture. The gourmet kitchen features premium Miele appliances and custom cabinetry, while 4 bedrooms and 4.5 bathrooms offer luxurious comfort with Marble slabs & Kallista Fixtures. The spacious Primary Suite boasts dual spa-like bathrooms and custom walk-in closets. Stunning outdoor spaces feature shell stone & Dominican Coral surrounded by meticulously designed landscaping by Nievera Williams. Additional features include limestone and wood flooring throughout, elevator, generator, and 2- car garage. Located minutes from world-renowned dining & shopping on Worth Ave and Royal Poinciana. This home represents the best value in Palm Beach for a brand new waterfront home & is surrounded by some of the most expensive oceanfront estates in the world. Property can be purchased completely turnkey offering immediate enjoyment for the lucky first owners.

Property location

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2219 Ibis Isle Road E, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
4,200 sq ft
Flooring
Hardwood, Marble, Other, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Built In Features, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Eat In Kitchen, High Ceilings, Kitchen Island, Shower Only, Upper Level Primary, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2025
Stories
2
Lot size
10,800 sq ft
Architectural style
Other, Two Story
Roof
Concrete, Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Lighting, Other, Patio
Pool
Pool
Waterfront
Intracoastal Access, Ocean Access, Other, Seawall
View
Canal, Pool, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Elevators, Pool
Security
Security System, Building Security, Elevator Secured, Security System Owned
Pets allowed
No
Annual tax
$46,515
Subdivision
IBIS ISLE
County
Palm Beach
Days on market
138
MLS listing ID
B26034160
Listing status
Active

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

Estimated monthly cash flow

-$30,831

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.2%
Gross yield
4.1%
Mortgage payment
$56,175/mo
Down payment
$2,962,500
Loan amount
$8,887,500
Annual NOI
$304,133

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