Cypress Lakes 2
Homes for Sale in West Palm Beach, FL
True comps, carrying-cost math, and listings before the portals.
Cypress Lakes 2 is a West Palm Beach community trading at a median of $305,950 and $205 per square foot through mid-July. With no identified shared amenities in current listings, you are buying location and the individual home—condition, layout, and lot will drive the bulk of valuation here. The market is calm: six closings over the past six months and a median marketing time just over two months tell you this is not a bidding-war environment, but neither is it stagnant.
For buyers, the pace creates negotiating room, especially on tired interiors or deferred updates. For sellers, the median time on market means pricing discipline matters—list at market and you will likely close within sixty to ninety days; chase comps from two years ago and you will sit. This is a prove-it-with-the-home market, not a name-brand premium community.
The 60-Second Overview
Cypress Lakes 2 market snapshot (as of July 15, 2026): the median sale price is about $306K ($205 per sq ft over the trailing 12 months of closed sales), and a median 66 days on market for closed sales.
Cypress Lakes 2 is a West Palm Beach neighborhood where individual home condition matters more than community cachet—you will find no resort-style amenities here, just straightforward residential real estate priced in the mid-$300s and selling at a measured, negotiable pace.
Who Cypress Lakes 2 is best for.
Best for
- First-time buyers with budgets near $300,000 who care more about owning than about resort-style extras
- Investors targeting straightforward rental stock with minimal HOA drag on cash flow
- Move-up buyers leaving a condo who want a single-family home and are prepared to handle their own yard and maintenance
Probably not for
- Buyers expecting amenities, a guard gate, or a branded community experience
- Those relying on rapid appreciation driven by scarcity or prestige—this is a condition-driven market
- Purchasers who need immediate turnkey perfection and are unwilling to budget for updates or deferred repairs
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($306K) IS the median in the snapshot above.
Windows contain 0 to 9 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Cypress Lakes 2 buying strategy.
If we were buying in Cypress Lakes 2 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cypress Lakes 2.
What the numbers reveal
The median of $305,950 reflects a market segment where value is tied directly to what is inside the four walls and behind the front door. With no discernible shared facilities, every dollar of your offer is allocated to structure, finishes, mechanicals, and lot appeal. Price per square foot sits at $205, a useful benchmark but one that will vary sharply depending on updates—original kitchens and baths will trade below that figure, while renovated units can command a premium.
Sixty-five days on market is a signal of balance. Homes are not flying off the shelf, which gives you time to inspect carefully, negotiate repairs, and compare alternatives across West Palm Beach. Six closings in six months is a thin sample, so verify condition and motivations on every listing; one or two distressed sales can skew perception. The absence of amenities also means your monthly carrying costs stay lean—no mandatory recreation fees or master-association assessments bleeding your budget after close.
This is a neighborhood for buyers who understand that equity is built through smart purchase price and thoughtful improvement, not through paying for a brand or a gate. Sellers will succeed by pricing to current condition and current inventory, not to what a neighbor got in a different rate environment. The data here rewards homework and punishes assumptions.
The location and the amenities are priced into every listing in Cypress Lakes 2. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Cypress Lakes 2 requires an agent who can read condition, pull comparable sales from across West Palm Beach's similar no-frills inventory, and negotiate on the basis of what is actually in front of you—not a marketing narrative. Momentum's analysts track pricing trends and time-on-market shifts in real time, so you know whether a listing at $320,000 is aspirational or justified. We will walk the home with you, flag deferred maintenance before you write the offer, and structure terms that protect your position in a market where days-on-market give you leverage. If you are selling, we price to move and stage to condition, because in a community with no lifestyle premium, execution is everything.
Cypress Lakes 2 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Cypress Lakes 2 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cypress Lakes 2 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cypress Lakes 2, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cypress Lakes 2 home worth?
Get a no-obligation home value based on real comparable sales in Cypress Lakes 2, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recent Developments in Cypress Lakes 2
Development, infrastructure, retail, and school activity affecting Cypress Lakes 2, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 6 miles northeast of Cypress Lakes 2.
Source: MIAMI REALTORS - July 2026Development
The Berkeley Palm Beach Breaks Ground at 550 South Australian Avenue in West Palm Beach
The Berkeley Palm Beach broke ground on a 25-story tower with 193 condominium residences at 550 South Australian Avenue overlooking Clear Lake, developed by Al Adelson with Arquitectonica as designer. Sales have exceeded $120 million and completion is anticipated in 2029.
What it may mean for the marketA new 25-story condominium tower adds high-end for-sale housing supply to the downtown West Palm Beach market and continues vertical development along the Clear Lake waterfront. The project is about 5 miles northeast of Cypress Lakes 2, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Developers Plan Two 31-Story Towers for 2085 N Flagler Dr, West Palm Beach
Terra and BH Group filed plans for 281 residential condominiums across two 31-story towers on a 1.55-acre site at 2085 N Flagler Drive in West Palm Beach. The nearly 440,000-square-foot project includes about 4,385 square feet of retail and 362 parking spaces.
What it may mean for the marketTwo proposed 31-story towers would add for-sale condominium supply and ground-floor retail along the North Flagler Drive waterfront in West Palm Beach. The project is about 7 miles northeast of Cypress Lakes 2, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Alton Delray in Delray Beach Breaks Ground with $92 Million Construction Loan
Kolter Multifamily broke ground on Alton Delray, a 386-unit multifamily community across six-story buildings on a 12.31-acre former industrial site at 2101 S. Congress Avenue, backed by a $92 million construction loan from Madison Realty Capital. The plan includes 154 workforce housing units under Florida's Live Local Act and 232 market-rate units, with delivery expected in late 2027.
What it may mean for the marketA 386-unit rental community converts a former industrial parcel into new multifamily supply on the Congress Avenue corridor and adds workforce and market-rate housing to the Delray Beach market. The project is about 14 miles south of Cypress Lakes 2, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach
Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.
What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 9 miles southeast of Cypress Lakes 2, elsewhere in Palm Beach County.
Source: Florida YIMBY - May 2026Development
25-Story Mixed-Use Tower to Feature Workforce Housing at 120 S Dixie Hwy, West Palm Beach
Developer Jeff Greene proposed a 25-story tower with 399 apartments at 120 S Dixie Highway in downtown West Palm Beach, with about 160 units set aside for households earning at or below 120% of area median income. The plan includes 7,550 square feet of retail and 236 parking spaces and was reviewed by the city's Plans and Plats Review Committee on May 14.
What it may mean for the marketA proposed 25-story mixed-use tower would add rental housing, including income-restricted units, plus retail space to the downtown West Palm Beach market on the South Dixie Highway corridor. The project is about 6 miles northeast of Cypress Lakes 2, elsewhere in Palm Beach County.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Cypress Lakes 2?
How long do homes in Cypress Lakes 2 take to sell?
Who is the best real estate agent for Cypress Lakes 2?
How do I find a top West Palm Beach real estate agent who knows Cypress Lakes 2?
Can Momentum Realty connect me with an agent for Cypress Lakes 2?
Should you buy in Cypress Lakes 2?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2013 (61 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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