Updated Dec 4, 2024
Romanov Group LLC Acquires Single Family Home In Palm Beach For $12.5M
2291 Ibis Isle Road East
$12,500,000
$2,876/SF
Building Size
4,345 SF
Asset Type
Single Family
Closing
Feb 26, 2024
About this deal
AI
The 4,345 square foot single-family property located at 2291 Ibis Isle Road East in Palm Beach was recently sold for $12.5 million. The sale price of $2,877 per square foot reflects the high-value nature of this contemporary-style home with stunning views of the Intracoastal Waterway.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,500,000
- ACRES: 0.28
- Address: 2291 Ibis Isle Road East
- Market: Palm Beach
The Romanov Group LLC, managed by attorney Alexander Kochman, acquired the property. Representing the buyer were Isabella Kraver, Sasha Kraver & Valentina Kraver from Douglas Elliman. On the seller's side, the transaction was handled by Christopher Deitz & Michael Costello from Compass.
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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93