$285,000 - $296,793
RENTED SEP 22, 2025

721 Cypress Way E Palm Springs, FL 33406

3 Beds
2.5 Baths
1,365 Sq Ft
$214 Price per Sq Ft

Last Sold July 28, 2014

Last sale price $79,800 $58 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,886/month

Highlights

  • Walk-In Closet
  • Ceramic Tile Flooring
  • Fenced
  • Patio
  • Central Heating and Cooling System
  • Villa

About This Home

As of September 2025

All New Completely Remodeled Unit with over 1350 square feet of living area. Granite counters throughout and stainless steel appliances. Spacious master suite on the 1st floor, service counter leading from the kitchen into the dining area and a privacy fenced in patio area. 2 ASSIGNED PARKING SPACE PER UNIT. FIRST & SECURITY MOVE IN!

Last Agent to Rent the Property

Steve Terrinoni

Rent Florida Realty INC License #3002728 Listed on: 06/13/2025

Last Renter's Agent

Yolanda Guerra

Lifestyle International Realty License #3545812

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1999

Home Design

  • Villa

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Fenced

Community Details

  • Cypress Estates Of Palm S Subdivision

Listing and Financial Details

  • Property Available on 7/1/25
  • Assessor Parcel Number 70424413420070030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2025-07-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Military Trail to Cypress Way go east to community.
  • Year Built: 1999
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1365.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 70424413420070030
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2014
Closed on
Jul 28, 2014
Sold by
Fannie Mae
Bought by
Ferdous Jafor Ahmed
Seller's Agent
Corey Edwards
Keller Williams Realty Profess
Buyer's Agent
Nabi Chowdhury
Continental Properties, Inc.
List Price
$89,500
Sold Price
$79,800
Premium/Discount to List
-$9,700
-10.84%
Current Estimated Value
$291,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,898
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Simon Damion G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 24, 2012
Sold by
Simon Damion G
Bought by
Cypress Estates Of Palm Springs Homeowne

Purchase Details

Closed on
Sep 27, 2005
Sold by
Simon Damion G and Simon Debbie Ann
Bought by
Simon Damion G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 5, 2003
Sold by
Simon Damion G
Bought by
Simon Damion G and Simon Debbie Ann

Purchase Details

Closed on
Jan 10, 2003
Sold by
Aurora Homes Inc
Bought by
Simon Damion G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,061
Interest Rate
6.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferdous Jafor Ahmed $79,800 Consumer Title & Escrow Serv
Federal National Mortgage Association -- None Available
Cypress Estates Of Palm Springs Homeowne -- None Available
Simon Damion G -- --
Simon Damion G -- --
Simon Damion G $106,900 Gardens Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Damion G $147,000
Previous Owner Simon Damion G $106,061
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Rented $1,995 0.0% --
08/20/2025 08/20/25 Under Contract -- -- --
08/11/2025 08/11/25 Price Changed $1,995 -5.0% $1 / Sq Ft
07/11/2025 07/11/25 Price Changed $2,100 -4.5% $2 / Sq Ft
07/01/2025 07/01/25 Price Changed $2,200 -4.3% $2 / Sq Ft
06/13/2025 06/13/25 For Rent $2,300 +58.6% --
12/10/2020 12/10/20 Rented $1,450 -1.7% --
11/10/2020 11/10/20 Under Contract -- -- --
10/21/2020 10/21/20 For Rent $1,475 +13.5% --
02/16/2018 02/16/18 Rented $1,300 0.0% --
01/17/2018 01/17/18 Under Contract -- -- --
10/23/2017 10/23/17 For Rent $1,300 +13.0% --
12/31/2014 12/31/14 Rented $1,150 0.0% --
12/01/2014 12/01/14 Under Contract -- -- --
08/27/2014 08/27/14 For Rent $1,150 0.0% --
07/28/2014 07/28/14 Sold $79,800 -10.8% $58 / Sq Ft View Prior Sale
06/28/2014 06/28/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $89,500 -- $66 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,272 $179,204 -- --
2023 $3,759 $162,913 $0 $0
2022 $3,436 $148,103 $0 $0
2021 $3,152 $148,000 $0 $148,000
2020 $2,833 $123,000 $0 $123,000
2019 $2,647 $114,000 $0 $114,000
2018 $2,410 $110,000 $0 $110,000
2017 $2,246 $98,000 $0 $0
2016 $2,119 $83,600 $0 $0
2015 $1,942 $76,000 $0 $0
2014 -- $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Steve Terrinoni

    Rent Florida Realty INC

    (561) 478-2224

    7 Total Sales

    Steve Terrinoni
    Section Image
  • Yolanda Guerra

    Tenant's Agent in 2025

    Yolanda Guerra

    Lifestyle International Realty

    (561) 503-5986

    32 Total Sales

    Yolanda Guerra
    Section Image

  • O

    Buyer's Agent in 2020

    Olivia Frankoski

    London Foster Realty

    (561) 601-2357

    2 Total Sales

    Olivia Frankoski
    Section Image

  • C

    Seller's Agent in 2014

    Corey Edwards

    Keller Williams Realty Profess

  • N

    Buyer's Agent in 2014

    Nabi Chowdhury

    Continental Properties, Inc.

    (561) 255-3839

    8 Total Sales

    Nabi Chowdhury
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11099094

BeachesMLS

APN: 70-42-44-13-42-007-0030

Florida Palm Beach County Palm Springs 33406

721 Cypress Way E, Palm Springs, FL

This home is located at 721 Cypress Way E, Palm Springs, FL 33406 since 13 June 2025 and is currently priced at $291,698. This property was built in 1999. 721 Cypress Way E is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and Palm Springs Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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