Eyckeler Family Purchases 2270 Ibis Isle Road East In Palm Beach For $9.99M
2270 Ibis Isle Road East
$9,990,250
$2,197/SF
Building Size
4,546 SF
Asset Type
Single Family
Closing
Feb 18, 2026
AI
The asset involved in this transaction is a single-family home located at 2270 Ibis Isle Road East in the Palm Beach market. The sale price was $9,990,250, with a total square footage of 4,546 and a price per square foot of $2,198. The property sits on an acreage of 0.28.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,990,250
- Address: 2270 Ibis Isle Road East
- Market: Palm Beach
- Square Footage: 4,546
- Price Per Square Foot: $2,198
- Acreage: 0.28
- Buyer: Eyckeler family
- Seller: Lamara & Christina Watson
- Buyer's Representative: Suzanne Frisbie - The Corcoran Group
- Seller's Representative: Samantha Curry - Douglas Elliman
This transaction marks a significant event in the Palm Beach market, with the property sold from an LLC associated with Lamara and Christina Watson to an entity linked to the Eyckeler family. Douglas Elliman’s Samantha Curry represented the sellers, while Corcoran’s Suzanne Frisbie acted on behalf of the buyers. The home was last on the market with an asking price of $11.5 million.
Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93