1500 CYPRESS WAY E, PALM SPRINGS, FL 33406
Parcel: 70424413420150040 · Single Family · Zoning: 001
Assessed Value (2026)
$198,092
Property Details
Year Built
1997
Lot Sqft
1,062
Sales History
1
$285,000
2025-10-28
2
$285,000
2025-11-06
Tax Assessment History
$198,092
Assessed (2026)
$255,000
Market Value
$198,092
Taxable Value
$4,033
Annual Tax
2025
$255,000
2026
$198,092
$255,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $198,092 | $255,000 | $198,092 | $4,033 | $0 | $255,000 |
| 2025 | $255,000 | $255,000 | $255,000 | $5,192 | $ | $ |
About 1500 CYPRESS WAY E, PALM SPRINGS, FL 33406
1500 CYPRESS WAY E, PALM SPRINGS, FL 33406 is a property built in 1997 on a 1,062 square foot lot. The property is currently owned by ABRAMS PROPERTY GROUP INC, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2025-11-06 for $285,000. The 2026 assessed value is $198,092 with a market value of $255,000. The assessed value decreased 22% from $255,000 in 2025.
The property has the following tax exemptions: homestead. The median household income in this area is $42,537, and the median home value is $160,300. The population density is 11,276 people per square mile.
There are active mortgage liens totaling $263,005 recorded against this property. 1500 CYPRESS WAY E, PALM SPRINGS, FL 33406 is located in PALM SPRINGS, Florida. Property records, tax assessments, sales history, and ownership information for this PALM SPRINGS property are sourced from palm_beach County public records.
The complete ownership history of this property spans from 2025 to 2025, with 2 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price..
Current Owner
ABRAMS PROPERTY GROUP INC
9230 DUNDEE DR, LAKE WORTH, Florida, 33467
Since: 2026-04-03
View owner profile →
Look up on FL Sunbiz →
Find registered agent and officers for this entity
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$42,537
Median Home Value$160,300
Pop. Density11,276/sq mi
Neighborhood 33406
65.4%
Owner-Occ
34.6%
Investor
812
Flips (4yr)
4,020
New Biz (3yr)
Distress Risk
MODERATE
28
Mortgages
ACTIVE
$264,550
CMG MORTGAGE INC · 2025-11-06
1 satisfied mortgage
SATISFIED 2025-11-06
$13,228
CMG MORTGAGE INC
Est. Total Balance $263,005
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales