86
Map
$4,700,000
↓ $250K (5.1%)
●
House -
For Sale
945 Cypress Drive
Delray Beach, FL 33483
5 Beds
6 Baths,
1
Half Bath
6,209 Ft²
$28,006
Est. Monthly
About This Property
Bring your boat - or multiple boats - to this exceptional
deep-water Intracoastal estate in beautiful Delray Beach, nestled
within one of the area's most exclusive neighborhoods. Designed for
luxury waterfront living, this magnificent residence offers five
spacious bedrooms plus a private office and dedicated media room,
along with 6.5 impeccably appointed baths. Dramatic two-story
soaring ceilings create a grand sense of scale and elegance
throughout multiple living spaces, while expansive interiors
seamlessly blend sophistication, comfort, and the ultimate South
Florida lifestyle This extraordinary deep-water Intracoastal estate
in beautiful Delray Beach, perfectly positioned within one of the
area's most exclusive waterfront neighborhoods with no HOA.
Designed for the ultimate South Florida lifestyle, this spectacular
residence offers 5 bedrooms plus a private office and custom media
room, along with 6.5 luxurious bathrooms. Grand two-story
ceilings create dramatic elegance throughout multiple living
spaces, while double master suites provide exceptional comfort and
flexibility. The home is loaded with resort-style amenities
including a gourmet chef's kitchen with premium upgrades, stunning
sunken beverage bar, billiard loft, temperature-controlled wine
cellar, private elevator, dedicated fitness room, and relaxing
sauna. Enjoy seamless indoor-outdoor living with both
interior and exterior fireplaces, a custom tiki retreat, and an
incredible beach-entry pool with spa/hot tub overlooking the water.
Boating enthusiasts will appreciate the deepwater dock with direct
Intracoastal access, while car collectors will love the oversized
garage complete with an additional auto lift. Every detail of
this remarkable estate was thoughtfully designed to deliver luxury,
comfort, entertainment, and unforgettable waterfront living - and
more
Unit Size
6,209 Ft²
Days on Market
125 days
Land Size
0.22 acres
Price per sqft
$757
Property Type
House
Property Taxes
$4,928
HOA Dues
-
Year Built
2001
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Beaches MLS #B26033980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$4,700,000
↓ $250K
(5.1%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$4,950,000
↓ $400K
(7.5%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Coastline Realty, Inc. | $5,350,000 | |
| Listed by Coastline Realty, Inc. | |||
| Jul 8, 2013 | Sold | ||
| Sold | |||
| Aug 17, 2010 | Listed by United Realty Group, Inc | $1,995,000 | |
| Listed by United Realty Group, Inc | |||
| | |||
|
MAGNIFICENT DEEPWATER ESTATE WITH OVER 6400 SQ FT OF AIR CONDITIONED PERFECTION! THIS GORGEOUS HOME IS UPGRADED AND READY TO MOVE IN! CONTINUED BELOW CIRCULAR DRIVE AND A 4 CAR GARAGE THAT HAS A SEPERATE AIR CONDITIONED SPACE FOR 2 CARS. W/ A LIFT. THE RESORT STYLE POOL AREA HAS A BEACH ENTRY POOL WITH ROCK WATERFALL,CABANA BATH, AQUA LINK, AND A COVERED, FULLY EQUIPED SUMMER KITCHEN.THE BOAT DOCK LOCATED ON 90 FT OF WATER THAT WILL ACCOMODATE UP TO A 65 FT BOAT W/ WATER & ELECTRIC FOR 2 BOATS. PRE WIRED INVISIBLE FENCE FOR 2 DOGS, IMPACT WINDOWS AND DOORS,MONITORED SECURITY SYSTEM SMOKE,PANIC,GLASS BREAKAGE, SCREENS WIRED, REMOTE CONTROL), CENTRAL VAC, WHOLE HOUSE INTERCOM,MUSIC AND CAT 5 PRE WIRED,MEDIA ROOM W/ 70 INCH SONY, CABLE AND SATELITE, 4 ZON... (see supplement for full remarks) MAGNIFICENT DEEPWATER ESTATE WITH OVER 6400 SQ FT OF AIR CONDITIONED PERFECTION! THIS GORGEOUS HOME IS UPGRADED AND READY TO MOVE IN! CONTINUED BELOWCIRCULAR DRIVE AND A 4 CAR GARAGE THAT HAS A SEPERATE AIR CONDITIONED SPACE FOR 2 CARS. W/ A LIFT. THE RESORT STYLE POOL AREA HAS A BEACH ENTRY POOL WITH ROCK WATERFALL,CABANA BATH, AQUA LINK, AND A COVERED, FULLY EQUIPED SUMMER KITCHEN.THE BOAT DOCK LOCATED ON 90 FT OF WATER THAT WILL ACCOMODATE UP TO A 65 FT BOAT W/ WATER & ELECTRIC FOR 2 BOATS. PRE WIRED INVISIBLE FENCE FOR 2 DOGS, IMPACT WINDOWS AND DOORS,MONITORED SECURITY SYSTEM SMOKE,PANIC,GLASS BREAKAGE, SCREENS WIRED, REMOTE CONTROL), CENTRAL VAC, WHOLE HOUSE INTERCOM,MUSIC AND CAT 5 PRE WIRED,MEDIA ROOM W/ 70 INCH SONY, CABLE AND SATELITE, 4 ZONE A/C-HEAT,GOURMET KITCHEN WITH LOTS OF GRANITE COUNTER SPACE,DOUBLE OVEN W/ A SEPERATE WARMING DRAWER, GAS COOK TOP PRE WIRED W/ 220,CULLIGAN DRINKING WATER PURIFIER W/ INSTAHOT, WALK IN PANTRY,2ND FLOOR MORNING KITCHEN,SATURNIA FLOORS, LAUNDRY RM W/ GAS DRYER AND A LAUNDRY SHOOT FROM THE 2ND FLOOR, EXECUTIVE OFFICE W/ WOOD FLOORS AND A CUSTOM CLIMATE CONTROLLED WINE CELLAR,INDOOR AND OUTDOOR GAS OR WOOD BURNING FIREPLACES,ELEVATOR, LOFT GAME ROOM, LIBRARY W/ PULL DOWN ATTIC STAIRS, ATTIC EQUIPED W/LIGHTS AND FANS, 1ST & 2ND FLOOR MASTER SUITES, DOUBLE WHIRLPOOL TUB AND DOUBLE SHOWER,BIDETS,SEPERATE HOT WATER HEATER FOR 2ND FLOOR MASTER SUITE, MEDITERRANEAN APPOINTMENTS, SERVICE AMERICA WARRANTY(ELECTRIC,PLUMBING AND APPLIANCES INCLUDED),EXTERIOR PEST CONTROL SYSTEM,WALK OR BIKE TO THE BEACH, LOCATED 2.25 MILES FROM DOWNTOWN ATLANTIC AVE.
| |||
Show More
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Paver Block
Garage Spaces: 2
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Interior Features: Wet Bar, Breakfast Bar, Bidet, Built-in Features, Cathedral Ceiling(s), Central Vacuum, Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Attic, BreakfastArea, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, GardenTubRomanTub, KitchenDiningCombo, MainLevelPrimary, MultiplePrimarySuites
Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Oven, Range, Refrigerator, Trash Compactor, Water Heater, Wine Refrigerator, Washer
Flooring Type: Marble, Other, Tile
Door Features: French Doors
Laundry Features: Inside, Lower Level, Laundry Room, In Unit
Has Fireplace
Fireplace Features: Wood Burning
Exterior Details
Square Footage: 6209
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Mediterranean
Year Built: 2001
Waterfront Features: Canal Access, Canal Front, Navigable Water, Seawall, IntracoastalAccess
Building Area Total: 7692
Levels: Two
Other Structures: Workshop
Window Features: Plantation Shutters, Arched
Construction Materials: Block
Patio and Porch Features: Covered, Deck, Patio, Porch, Terrace, Balcony
Pool Features: Gunite, In Ground, Pool/Spa Combo, Waterfall, Concrete
Pool is Private
Lot Features: Landscaped, LessThanQuarterAcre
Lot Size Area: 9583.2
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Water Source: Public
Financial Details
Tax Assessed Value: $3,173,627
Tax Annual Amount: $59,131
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Tropic Isle North
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Listed by: Jaana J Piira
Coastline Realty, Inc.
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26033980
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Coastline Realty, Inc.
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26033980
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