242 CYPRESS LN, PALM SPRINGS, FL 33461
Parcel: 70434418370600081 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$102,545
Property Details
Year Built
1965
Lot Sqft
13,905
Sales History
1
$645,000
2025-09-30
2
$645,000
2025-10-03
3
N/A
2025-10-29
Tax Assessment History
$102,545
Assessed (2026)
$459,403
Market Value
$46,823
Taxable Value
$953
Annual Tax
2025
$102,545
$459,403
2026
$102,545
$459,403
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $102,545 | $459,403 | $46,823 | $953 | $185,092 | $274,311 |
| 2025 | $102,545 | $459,403 | $72,545 | $1,477 | $185,092 | $274,311 |
About 242 CYPRESS LN, PALM SPRINGS, FL 33461
242 CYPRESS LN, PALM SPRINGS, FL 33461 is a property built in 1965 on a 13,905 square foot lot. The property is currently owned by PALM SPRINGS VILLAGE OF, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2026 assessed value is $102,545 with a market value of $459,403. This breaks down to $185,092 for the land and $274,311 for the building.
The median household income in this area is $62,333, and the median home value is $102,600. The population density is 7,422 people per square mile. 242 CYPRESS LN, PALM SPRINGS, FL 33461 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 3 recorded transactions in the public record..
Current Owner
PALM SPRINGS VILLAGE OF
226 CYPRESS LN, LAKE WORTH BEACH, FL, 33461
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$62,333
Median Home Value$102,600
Pop. Density7,422/sq mi
Neighborhood 33461
49%
Owner-Occ
51%
Investor
4,906
Flips (4yr)
5,065
New Biz (3yr)
Distress Risk
MODERATE
29
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