Cypress Point
Homes for Sale in East Palatka, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 17 closed sales in Cypress Point in East Palatka, FL since 2002, the most recent in November 2025. Across East Palatka as a whole, 3 homes closed in the last 12 months at a median of $257,375, 49 median days on market. At that median and Putnam County's FY2025-26 rate of 16.89 mills, annual property tax runs about $4,350 ($3,670 with the full homestead exemption).
Cypress Point sits in East Palatka, in Putnam County, well outside the busier Northeast Florida markets closer to the coast and Jacksonville. The pricing story here is driven less by any single benchmark and more by condition, lot, and how each individual property has been maintained. Without a deep pool of active comparables, buyers should expect wide variation from one listing to the next rather than a tight, predictable band.
For sellers, that means the burden of proof falls on the property itself. Presentation, verifiable condition, and honest disclosure move a home here more than market momentum does. For buyers, patience and a willingness to underwrite each home on its own merits will serve you better than assuming the last sale sets the price for the next one.
Nearby homes for sale
No active listings inside Cypress Point right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Cypress Point is a smaller community in East Palatka, Putnam County — a quieter, more rural part of Northeast Florida where each home tends to trade on its own condition and setting rather than a uniform neighborhood template.
realMLS (Northeast Florida) sales records identify 10 homes in Cypress Point that have changed hands since 2002, built between 1955 and 2008 (median 1975), with a median living area of about 1,352 sq ft and a typical 3-bedroom, 2-bath layout; 60% are single-family homes. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 3 qualified sales in Cypress Point across 2024–2025 (2 in 2024, 1 in 2025), median $375,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Cypress Point is best for.
Best for
- Buyers seeking a rural, low-traffic setting who are comfortable underwriting each home individually
- Patient buyers with time to wait for the right property rather than the next available one
- Owners planning a longer hold who are not counting on quick, liquid resale
Probably not for
- Buyers who need to resell quickly or want easy, high-turnover liquidity
- Anyone expecting a tight, predictable price band across comparable homes
- Buyers who want a short commute to the Jacksonville metro or coastal amenities
The market around Cypress Point
Cypress Point is too small for its own price trend, so here is the market around it.
In ZIP 32131, 19 homes are on the market and 5% are under contract — a slower corner of East Palatka.
Across Putnam County, 701 homes are active and 163 pending (19% under contract).
In ZIP 32131 (East Palatka), 13 homes closed in the last 12 months at a median of $257K ($189/sq ft), down 0.4% year over year, with a median 49 days on market. See the live ZIP 32131 housing market and the Putnam County market.
ZIP and county figures describe the wider market, not Cypress Point specifically. Momentum Research analysis of MLS records.
Cypress Point by the numbers
From county property records and closed MLS sales for the Cypress Point subdivision: 10 homes on record; built 1955–2008; typical size about 1,253 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 60%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2002 | 4 | $63,750 |
| 2018 | 2 | $207,500 |
| 2023 | 1 | $247,500 |
| 2025 | 2 | $237,500 |
Newest recorded sale: $220,000 on 2025-11-13.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
Housing distress & ownership in Cypress Point, East Palatka
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
The Cypress Point buying strategy.
If we were buying in Cypress Point 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 Point.
Reading a thin market
In a community this size and this far from the metro core, the usual shortcuts fail. There is no dense stream of recent sales to lean on, so any pricing conversation has to start with the specific home: its condition, its lot, its systems, and how long it has been since major updates. Two homes in Cypress Point can justify very different prices for reasons that have nothing to do with the address.
That thinness cuts both ways. It can mean less competition and more room to negotiate on a given property, but it also means fewer clean comparables to anchor an offer or an appraisal. Both sides benefit from doing the homework on the individual house rather than the label of the neighborhood.
The location and the amenities are priced into every listing in Cypress Point. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
This is exactly the kind of market where local, property-by-property judgment matters more than a dashboard number. We work Putnam County directly, we will walk a home with you and tell you what its condition is actually worth, and we will tell you plainly when a listing — or the community itself — is not the right fit for what you are trying to do.
Cypress Point in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Point 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 Point sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cypress Point, 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 Point home worth?
Get a no-obligation home value based on real comparable sales in Cypress Point, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in East Palatka →
Frequently Asked Questions
How many homes are in Cypress Point?
What share of Cypress Point is owner-occupied?
When were the homes in Cypress Point built?
Who is the best real estate agent for Cypress Point?
How do I find a top East Palatka real estate agent who knows Cypress Point?
Can Momentum Realty connect me with an agent for Cypress Point?
Should you buy in Cypress Point?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32131)) |
| Under-contract shares | realMLS records, as of 2026-09-12 |
| Historical depth | Closed-sale records back to 2002 (17 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 realMLS 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Cypress Point fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Cypress Point with Momentum Realty’s local guides.
Schools serving nearby communities
We do not have a confirmed school assignment for Cypress Point. These are the public schools most often assigned to other communities in ZIP 32131; zones change and vary by address, so confirm with the district before you buy.
- Palatka Jr.-Sr. High School · 7-12 -- confirm zoning by address (assigned to 9 nearby communities)
- James A. Long Elementary School · Elementary · FLDOE grade B (assigned to 3 nearby communities)
- Palatka High School · 9-12, verify zoning (assigned to 2 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).