944 Cypress Drive, Delray Beach, FL 33483 — MLS photo

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944 Cypress Drive, Delray Beach, FL 33483

Active · SingleFamilyResidence

$7,495,000

944 Cypress Drive, Delray Beach, FL 33483

Beds
5
Baths
9
Living area
6,243 sq ft
$ / sq ft
$1,201/sq ft
Year built
2026
Lot size
9,720 sq ft
HOA fee
—
Annual tax
—

About this property

Welcome to 944 Cypress, an exceptional modern estate offering 7,937 total square feet of thoughtfully designed living space. This residence features 5 spacious bedrooms, including two luxurious primary suites, along with 6 full bathrooms and 3 half baths. The open layout includes a private study, versatile loft, and a gourmet kitchen with a walk-in pantry. Dual laundry rooms and a private elevator provide added convenience. Outdoors, enjoy a private pool with an integrated spa, complemented by a brand-new seawall and dock. Additional highlights include a durable concrete floor system and a 3-car garage. Estimated completion is slated for March 2027.

Property location

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944 Cypress Drive, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
5
Bathrooms
9
Living area
6,243 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
9,720 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26018057
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$23,105

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.2%
Gross yield
5.1%
Mortgage payment
$35,530/mo
Down payment
$1,873,750
Loan amount
$5,621,250
Annual NOI
$149,099

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.