1602 CYPRESS WAY E, PALM SPRINGS, FL 33406
Parcel: 70424413420160030 · Single Family · Zoning: 001
Assessed Value (2026)
$168,333
Property Details
Year Built
1999
Lot Sqft
1,045
Sales History
1
$78,900
2013-12-24
Tax Assessment History
$168,333
Assessed (2026)
$245,000
Market Value
$168,333
Taxable Value
$3,427
Annual Tax
2025
$245,000
2026
$168,333
$245,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $168,333 | $245,000 | $168,333 | $3,427 | $0 | $245,000 |
| 2025 | $245,000 | $245,000 | $245,000 | $4,988 | $ | $ |
About 1602 CYPRESS WAY E, PALM SPRINGS, FL 33406
1602 CYPRESS WAY E, PALM SPRINGS, FL 33406 is a property built in 1999 on a 1,045 square foot lot. The property is currently owned by CHOY YAN CHEY &, 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 2013-12-24 for $78,900. The 2026 assessed value is $168,333 with a market value of $245,000. The assessed value decreased 31% from $245,000 in 2025.
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. 1602 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 current assessed value represents 213% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
CHOY YAN CHEY &
9151 DUPONT PL, WELLINGTON, Florida, 33414
Since: 2026-04-03
View owner profile →
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
Zoom in to see property sales