10248 Heronwood Lane, West Palm Beach, FL 33412 — MLS photo

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10248 Heronwood Lane, West Palm Beach, FL 33412

Active · SingleFamilyResidence

$2,800,000

10248 Heronwood Lane, West Palm Beach, FL 33412

Beds
5
Baths
8
Living area
6,946 sq ft
$ / sq ft
$403/sq ft
Year built
1997
Lot size
—
HOA fee
$405 Quarterly
Annual tax
$40,957

About this property

This 5 bedroom + den, 8 bath residence is one of the largest homes in Ibis spanning nearly 7,000 square feet, on over one half of an acre! Located in one of the "estate" neighborhoods within Ibis, this residence features a grand entry with lush landscaping, circular driveway, private fountain and direct access to the golf course. The foyer opens to gracious living areas with tons of natural light and beautiful views of water and golf, ideal for entertaining and everyday comfort. The primary bedroom is upstairs but you could add an elevator or transform 2 of the 3 guest bedrooms on the first floor into a primary suite. You could also be the 2nd owner in Ibis to knock the entire home down and build a brand-new masterpiece on a highly desirable lot. Endless possibilities! The home also has... an attached guest suite/in law suite with its own kitchen and living area. A sunroom with summer kitchen and cabana bath with a sauna are just a few of this home's amenities suited to discerning buyers seeking substantial square footage and multiple functional spaces.

Interior & exterior features

Appliances

  • Some Gas Appliances
  • Dishwasher
  • Gas Range
  • Gas Water Heater
  • Microwave
  • Refrigerator

Cooling

  • Central Air

Heating

  • Central

Views

  • Golf Course
  • Lake
  • Water

Parking

  • Attached
  • Circular Driveway
  • Garage
  • Two Or More Spaces

Interior features

  • Bedroom On Main Level
  • Breakfast Area
  • Bathtub
  • Dining Area
  • Separate Formal Dining Room
  • Dual Sinks
  • Main Living Area Entry Level
  • Shower Only
  • Upper Level Primary
  • Vaulted Ceilings
  • Walk In Closets

Exterior features

  • Balcony
  • Patio

Pool

  • Pool
  • Association
  • Community

Flooring

  • Carpet
  • Marble
  • Tile

roof

  • Spanish Tile

construction

  • CBSConcrete Block Structure
  • Block

security

  • Gated With Guard
  • Security Gate

spa

  • In Ground
  • Community

association_amenities

  • Basketball Court
  • Clubhouse
  • Controlled Access
  • Fitness Center
  • Golf Course
  • Library
  • Barbecue
  • Picnic Area
  • Private Membership
  • Pool
  • Putting Greens
  • Guard
  • Spa Hot Tub
  • Security
  • Tennis Courts
  • Trails

association_fee_includes

  • Cable Tv
  • Internet
  • Security

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

-$272

Cap rate
5.6%
Net yield
5.6%
Cash-on-cash return
-0.4%
Gross yield
8.7%
Mortgage payment
$13,273/mo
Down payment
$700,000
Loan amount
$2,100,000
Annual NOI
$156,015

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