How do I schedule a tour of 5156 Michael Drive, West Palm Beach, FL 33417?

Use the Tour button on this listing to request a showing of 5156 Michael 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 5156 Michael Drive, West Palm Beach, FL 33417 still available?

5156 Michael Drive, West Palm Beach, FL 33417 is currently listed as Active, and has been on the market 36 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 5156 Michael Drive, West Palm Beach, FL 33417?

With 20% down ($65,980) on the $329,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5156 Michael Drive, West Palm Beach, FL 33417 is about $1,734/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 5156 Michael 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 5156 Michael 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 5156 Michael Drive, West Palm Beach, FL 33417 have an HOA fee?

Yes: 5156 Michael Drive, West Palm Beach, FL 33417 carries an HOA fee of about $320 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 5156 Michael Drive, West Palm Beach, FL 33417?

5156 Michael 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 5156 Michael Drive, West Palm Beach, FL 33417?

Often, yes. The right offer on 5156 Michael 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.

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$329,900

5156 Michael Drive

West Palm Beach, FL 33417

CYPRESS LAKES 2

Explore the area: West Palm Beach homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $329,900
Price per sq ft: $227
Vs. nearby sales: 16.4% above
Days on market: 36

This 2-bedroom single-family home in Cypress Lakes 2 is listed at $329,900, or $227 per square foot. The asking price has come down 5.7% from its original $350,000. It has been on the market for 36 days. 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 is 16.4% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,456

Living Sq Ft

1979

Year Built

Estimated monthly payment

$1,734 /mo

Principal and interest only, based on $65,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $320/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $329,900
Days on Site: 36 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,456 sqft
Total Sq Ft: 1,774 sqft
Lot Size: 0.14 Acres
Year Built: 1979
Property Type: Single Family
MLS #: A12081945
Property Tax: $4,290 (2025)
HOA Fees: $320 / Monthly
Subdivision: CYPRESS LAKES 2
County: Palm Beach
Status: Active

About This Property

Welcome to this spacious 2-bedroom, 2-bath home in the desirable gated 55+ community of Cypress Lakes! BONUS FLEX SPACE! The enclosed porch has been converted into a functional additional room with a sink, ideal for a home office, extended kitchen/prep area, hobby room, or additional living space. Featuring brand-new hurricane-impact windows and an impact-rated front door, this home offers added peace of mind, security and energy efficiency. The kitchen cabinetry has been refreshed, complemented by a brand-new washer and dryer, new water heater, and an A/C system approximately 4 years old. Enjoy a functional garage, additional interior living space from the converted carport, plus two avocado trees and a mango tree. Cypress Lakes offers an active lifestyle with resort-style amenities including golf, clubhouse, swimming pool, fitness center, tennis, pickleball, shuffleboard and a variety of social activities. Conveniently located near shopping, dining, entertainment and major roadways. SELLER OFFERING $5,000 TOWARDS BUYER CLOSING COST/PREPAIDS.

MLS media link

General Features

Property Type: Single Family
Status: Active
Year Built: 1979
Number of Stories: 1
Levels: One
Garage Spaces: 1
Parking: Covered / Driveway
Direction Faces: East
Lot Size (Acres): 0.14
Living Sq Ft: 1,456
Total Sq Ft: 1,774
Sewer: Public Sewer
Water Source: Public
Zoning: RS

Interior Features

Appliances: Dryer / Dishwasher / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Tile
Interior Features: Pantry / Split Bedrooms / Separate Shower / Walk In Closets
Total Rooms: 1

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Shingle
Pool Features: Association
Lot Features: Fruit Trees
View: Garden

Community & HOA

HOA Fee: $320 / Monthly
HOA Includes: Common Areas / Cable Tv / Internet / Maintenance Grounds / Recreation Facilities / Security
Association Amenities: Clubhouse / Fitness Center / Gated / Maintenance / Picnic Area / Pool / Sauna
Community Features: Home Owners Association
Security: Fire Alarm / Smoke Detectors
55+ Community: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: Ok To Lease
MLS Area: 5400

This home's HOA fee works out to $320 a month, 22% below the $408 median across 19 homes for sale in Cypress Lakes 2. See Cypress Lakes 2 HOA fees

Schools

Elementary School: Egret Lake
Middle School: Bear Lakes
High School: Palm Beach Lakes

About the Community

Cypress Lakes

View Community Details →

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: 19
Under Contract: 4
Median List Price: $329,999
Median $/Sq Ft: $227
Avg Days on Market: 76

View all 19 homes for sale in Cypress Lakes →

Frequently Asked Questions

How do I schedule a tour of 5156 Michael Drive, West Palm Beach, FL 33417?: Use the Tour button on this listing to request a showing of 5156 Michael 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 5156 Michael Drive, West Palm Beach, FL 33417 still available?: 5156 Michael Drive, West Palm Beach, FL 33417 is currently listed as Active, and has been on the market 36 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 5156 Michael Drive, West Palm Beach, FL 33417?: With 20% down ($65,980) on the $329,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5156 Michael Drive, West Palm Beach, FL 33417 is about $1,734/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 5156 Michael 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 5156 Michael 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 5156 Michael Drive, West Palm Beach, FL 33417 have an HOA fee?: Yes: 5156 Michael Drive, West Palm Beach, FL 33417 carries an HOA fee of about $320 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 5156 Michael Drive, West Palm Beach, FL 33417?: 5156 Michael 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 5156 Michael Drive, West Palm Beach, FL 33417?: Often, yes. The right offer on 5156 Michael 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 Luxe Properties

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 September 2, 2026.

$329,900

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Listed by Emma Rojas, Luxe Properties

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Recently sold homes in Cypress Lakes 2

These are the last 6 recorded closings in Cypress Lakes 2, 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.