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5036 Alfred Drive
West Palm Beach, FL 33417
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $202,000
- Price per sq ft
- $162
- Vs. nearby sales
- 16.9% below
- Days on market
- 206
This 2-bedroom single-family home in Cypress Lakes went under contract with an asking price of $202,000, or $162 per square foot. The asking price has come down 22.3% from its original $260,000. It spent 206 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $195 per square foot, so the asking price was 16.9% below what comparable homes here actually sold for.
Estimated monthly payment
$1,062 /mo
Principal and interest only, based on $40,400 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $400/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $202,000
- Days on Site
- 206 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,250 sqft
- Total Sq Ft
- 1,386 sqft
- Lot Size
- 0.07 Acres
- Year Built
- 1979
- Property Type
- Single Family
- MLS #
- R11137303
- Property Tax
- $3,582 (2024)
- HOA Fees
- $400 / Monthly
- Subdivision
- CYPRESS LAKES
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Short Sale
About This Property
Welcome to this guard-gated, amenity-rich community of Cypress Lakes in West Palm Beach. This inviting 2 bed, 2 bath villa has been totally renovated, offering a seamless blend of modern comfort and carefree living. Step into an open-concept living and dining space that flows effortlessly into a beautifully updated kitchen featuring sleek cabinetry, quartz countertops, stainless steel appliances, and stylish fixtures. Both bathrooms have been tastefully transformed, and the bedrooms are spacious and bright — including a master suite with its own full bath for added convenience. A screened patio (or covered lanai) extends your living outdoors where you can enjoy morning coffee or evening relaxation overlooking lush landscaping or tranquil community views. Within Cypress Lakes you'll enjoy resort-style amenities: a 9-hole golf course (no membership required), clubhouse with pool and spa, fitness centre, tennis/pickle-ball courts, shuffleboard, bocce, and more all within a vibrant, 55+ lifestyle community. Ideally located just minutes from I-95, The Florida Turnpike, shopping, dining, International Airport and Palm Beach's white-sand beaches, this villa offers the perfect combination of lifestyle, location, and low-maintenance living. Don't miss your opportunity to own a beautifully updated home in Cypress Lakes move-in ready and waiting for you!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1979
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- Multi Split / One
- Parking
- Open
- Direction Faces
- Northeast
- Lot Size (Acres)
- 0.07
- Living Sq Ft
- 1,250
- Total Sq Ft
- 1,386
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RS
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Laminate / Vinyl
- Interior Features
- Living Dining Room / Tub Shower / Walk In Closets
- Laundry
- Inside
- Windows
- Blinds
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Pool Features
- Association
- Lot Features
- Sprinklers Automatic / Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- HOA Fee
- $400 / Monthly
- HOA Includes
- Cable Tv / Hvac / Maintenance Grounds
- Association Amenities
- Clubhouse / Fitness Center / Golf Course / Pool / Putting Greens
- Community Features
- Home Owners Association / Gated / Sidewalks
- Security
- Gated With Guard / Gated Community
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Size Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required
- MLS Area
- 5400
This home's HOA fee works out to $400 a month, in line with the $396 median across 22 homes for sale in Cypress Lakes. See Cypress Lakes HOA fees
Schools
- Elementary School
- Egret Lake
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
About the Community
Cypress Lakes is an age-restricted 55+ community in West Palm Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $215,000 to $350,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Cypress Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 22
- Under Contract
- 6
- Median List Price
- $333,750
- Median $/Sq Ft
- $218
- Avg Days on Market
- 79
Frequently Asked Questions
- How do I schedule a tour of 5036 Alfred Drive, West Palm Beach, FL 33417?
- Use the Tour button on this listing to request a showing of 5036 Alfred Drive, West Palm Beach, FL 33417. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5036 Alfred Drive, West Palm Beach, FL 33417 still available?
- 5036 Alfred Drive, West Palm Beach, FL 33417 is currently listed as Under Contract, and has been on the market 206 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5036 Alfred Drive, West Palm Beach, FL 33417?
- With 20% down ($40,400) on the $202,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5036 Alfred Drive, West Palm Beach, FL 33417 is about $1,062/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5036 Alfred Drive, West Palm Beach, FL 33417?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5036 Alfred Drive, West Palm Beach, FL 33417. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5036 Alfred Drive, West Palm Beach, FL 33417 have an HOA fee?
- Yes: 5036 Alfred Drive, West Palm Beach, FL 33417 carries an HOA fee of about $400 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5036 Alfred Drive, West Palm Beach, FL 33417?
- 5036 Alfred Drive, West Palm Beach, FL 33417 is zoned for Egret Lake (elementary), Bear Lakes (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5036 Alfred Drive, West Palm Beach, FL 33417?
- Often, yes. The right offer on 5036 Alfred Drive, West Palm Beach, FL 33417 depends on how it's priced against comparable single family sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RH Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$202,000
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Listed by Dolores Roth, RH Realty
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Recent Sales
Recently sold homes in Cypress Lakes
These are the last 6 recorded closings in Cypress Lakes, with the price each home actually sold for rather than what it was listed at. They closed at a median of $208 per square foot. The most recent closed on August 27, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$379,000
Sold · August 27, 2026
3882 Dafilee Circle
2 bed · 2 bath · 1,715 sqft · $221/sqft
Sold$315,000
Sold · August 25, 2026
5480 Mariesa Avenue
3 bed · 2 bath · 1,512 sqft · $208/sqft
$24,000 under the asking price
Sold$347,000
Sold · August 3, 2026
3549 Dora Lane
2 bed · 2 bath · 1,920 sqft · $181/sqft
$22,000 under the asking price
Sold$270,000
Sold · July 28, 2026
5451 Mariesa Avenue
2 bed · 2 bath · 1,246 sqft · $217/sqft
$2,900 under the asking price
Sold$210,000
Sold · July 24, 2026
3358 Americo Drive
2 bed · 2 bath · 1,250 sqft · $168/sqft
Sold$265,000
Sold · June 17, 2026
5126 Michael Drive Drive
2 bed · 2 bath · 1,456 sqft · $182/sqft
$27,900 under the asking price
See every recorded sale in Cypress Lakes or find out what your Cypress Lakes home is worth.









