by Global Lifestyle Properties

See Home Value
$5,175,000
● House - Off Market

937 Cypress Drive

Delray Beach, FL 33483
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,769 Ft²
$32,875
Est. Monthly
-0.30%
Cap Rate

About This Property

Experience the epitome of luxury waterfront living in Delray Beach's prestigious Tropic Isle! This magnificent home boasts a modern design with stunning Intracoastal water views from every room. Featuring a 90-ft boat dock with a new lift that accommodates up to 40,000 lbs, Impact Windows, Generator. Offering 4 bedrooms, plus an office, gym, club room, and 5 1/2 baths, every corner is designed with sophistication. Floor-to-ceiling windows flood the home with natural light, enhancing the open and airy feel. The gourmet kitchen is a chef's dream, equipped with premium appliances, custom cabinetry, and a spacious island. The master bath is a true retreat, and the summer kitchen, Sonos smart integration, custom bar, and resort-style heated pool with sun shelf and fireplace ensure effortl relaxation and entertainment. Custom closets throughout provide ample storage, while the unbeatable location allows you to use your golf cart to reach the beach or Atlantic Avenue, and walk to nearby shopping and dining. This home is perfectly designed for unforgettable gatherings, with every detail meticulously curated for the ultimate living experience.
Unit Size
5,769 Ft²
Days on Market
122 days
Land Size
0.22 acres
Price per sqft
$953
Property Type
House
Property Taxes
$5,874
HOA Dues
-
Year Built
1971

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Last updated: 2 months ago (Beaches MLS #R11065421)

Price History

Date / Event Date Event Price
Jun 26, 2025 Sold
Sold
Jun 25, 2025 In contract -
In contract
Mar 18, 2025 Price Decreased $5,499,000
↓ $501K (8.4%)
Price Decreased
Feb 24, 2025 Listed by Realty Home Advisors Inc $6,000,000
Listed by Realty Home Advisors Inc
Jul 20, 2022 Sold
Sold
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Property Highlights

Garage
Elevator
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 513
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,718
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,491
  • Gross Building Area: 2,491
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPIC ISLE 2ND
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TROPIC ISLE 2ND SECTION LT 205

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006402

Zoning

  • Zoning: R-1-AA-B

Geography

  • Assessors Map Reference: 358
  • Parcel: 12-43-46-28-02-000-2050
  • Lot: 205
  • Meridian: SEC 28 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4333
  • Longitude: -80.0678

    Address

  • Full Address: 937 Cypress Dr
  • Address - House Number: 937
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C049
  • 4-Digit Zip Code: 4901
  • Zip Code: 33483

Valuation

    Tax

  • Total Area: 2,023
  • Tax Year: 2022
  • Tax Amount: $1,874,504
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.4919
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 1
  • Final Value: 3,563,803
  • High Value: 5,317,072
  • Low Value: 1,810,533

    Open Liens

  • First Open Lien Mortgage Lender:
  • First Open Lien Mortgage Recording Date:
  • First Open Lien Mortgage Loan Amount:
  • First Open Lien Mortgage Term:
  • First Open Lien Mortgage Position:
  • First Open Lien Mortgage Loan Type:
  • First Open Lien Mortgage Loan Due Date:

    Market Valuation

  • Market Total Value: $1,181,076
  • Market Land Value: $1,180,000
  • Market Improvement Value: $1,076

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $848,044

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 304973
  • Previous Sale Recording Date: Dec 18, 2019
  • Previous Sale Contract Date: Dec 16, 2019
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tropic Isle North


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365 Se 6th Avenue #309, Delray Beach, FL, 33483 Listing by Susan Demerer


Frequently Asked Questions

When was property at 937 Cypress Drive built and last sold?
The property at 937 Cypress Drive was built in 1971 and last sold on Jul 13, 2022 for $2,925,000.
How much is this home worth?
The estimated value of the home located at 937 Cypress Drive is $5,545,718.
What are some comparable homes to 937 Cypress Drive?
There are currently no comparable homes to 937 Cypress Drive.