4894 Cyprus Ln, Haverhill, FL 33417

Mid-Century Home in Haverhill: Spacious Living with Renovation Potential!

Asking Price: $250,000

Explore this 2-bedroom, 2-bathroom single-family home at 4894 Cyprus Ln, Haverhill, FL 33417. Built in 1950, this generously sized 1,654 sqft residence offers comfortable living with an estimated refinance payment of $4,410/mo. Situated on a 1-acre lot, this property presents a compelling opportunity for those seeking a spacious home with potential for personalization in a unique West Palm Beach area.

Key Features & Property Details:

• Spacious Interior: At 1,654 sqft, this 2-bedroom home offers ample living space, suggesting generous room sizes and potential for an open layout.
• Two Full Bathrooms: Provides convenience for residents and guests.
• Built in 1950: This home offers classic mid-century charm. Homes from this era in Florida often feature Ranch or Bungalow styles, known for their single-story, sprawling layouts, and integration with outdoor living.
• Large Lot: The reported 1-acre lot provides significant outdoor space, privacy, and possibilities for gardening, recreation, or even expansion. Other sources indicate a 1.44-acre lot for a similar property on Cyprus Lane, emphasizing the spaciousness.
• HOA Fees: While details for this specific address are limited, a nearby property (1261 Park Ln) in Haverhill 33417 has an HOA fee of $50 monthly. It is crucial for prospective buyers to verify if 4894 Cyprus Ln is part of an HOA and what the exact fees and covered services are.
• Property Tax Information: Property taxes for this address were $9,105 in 2024, up from $9,019 in 2023. The 2024 assessed value was $419,977. Given the current asking price of $250,000, which is significantly lower than the assessed value, buyers might see a favorable adjustment in future taxes, but this should be confirmed with the Palm Beach County Property Appraiser. The property last sold for $350,000 in January 2022. This further highlights the current competitive asking price.

Haverhill (33417) Market Dynamics:

• Not Very Competitive (Buyer’s Opportunities): The 33417 zip code is currently described as “not very competitive.” This indicates that demand is more balanced, and homes stay on the market longer, providing buyers with more negotiation power.
  • The median sale price of a home in 33417 was $174,000 in May 2025, up 5.5% compared to last year. This property’s asking price of $250,000 is higher than the median, likely reflecting its larger size and potentially desirable lot.
  • On average, homes in 33417 sell after 85 days on the market, offering buyers ample time for due diligence.
  • The average homes sell for about 5% below list price, and multiple offers are rare, suggesting good opportunities for negotiation.

Haverhill Location & Lifestyle (West Palm Beach Area):

• Suburb of West Palm Beach: Haverhill is an incorporated town in Palm Beach County, essentially a suburban area closely connected to West Palm Beach. It offers a quieter residential feel while maintaining convenient access to the amenities of a larger city.
• Convenient Access: Offers good access to major roadways (e.g., Belvedere Rd and Haverhill Rd), connecting residents to downtown West Palm Beach, Palm Beach International Airport, shopping centers, dining, and employment hubs.
• Historical Context: Homes built in the 1950s in this region saw a population boom, partly due to returning soldiers and the advent of air conditioning, making year-round living in Florida more comfortable.
• Crime Rate (Moderate): Crime statistics for the broader West Palm Beach area (which includes Haverhill) suggest a moderate crime rate. For instance, the “Century Village” area (part of 33417) has a “Crime Score” of 4-5 out of 10 across various categories (homicide, assault, larceny), indicating a moderate level of crime. Buyers should research localized crime data to assess their comfort levels.
• Schools (Palm Beach County Public Schools): Assigned public schools for this address include:
  • Hope-Centennial Elementary School (PreK-5, GreatSchools Rating 3/10, 0.4 mi) – A lower-rated elementary school.
  • Bear Lakes Middle School (6-8, GreatSchools Rating 4/10, 2.7 mi) – A moderately rated middle school.
  • Palm Beach Lakes High School (9-12, GreatSchools Rating 3/10, 4.3 mi) – A lower-rated high school.
  • The assigned public schools generally have lower ratings. Families prioritizing highly-rated public schools may need to explore school choice programs or private education options within Palm Beach County.

Important Considerations:

• Renovation Potential: As a 1950s home, it likely presents opportunities for renovation to update aesthetics and potentially systems. Renovating a 1,600 sqft home can range from $28,800 to $115,200 for a general renovation, with potential for higher costs if major structural, electrical, or plumbing overhauls are needed (older homes sometimes require $120,000+ for comprehensive renovations). Buyers should budget for potential upgrades.
• Property Tax Fluctuation: The recent sales history (sold for $350k in 2022) combined with the current lower asking price and higher assessed value means property taxes after purchase could be complex. While a lower sale price could eventually lead to a lower assessment, initially taxes might be higher based on prior sales or the county’s assessment. Consult with the Palm Beach County Property Appraiser’s office to understand the tax implications of this specific transaction.
• Flood Risk (Relatively Low, but Verify): ClimateCheck indicates a “Relatively Low” Flood Risk for this area, with about a 6% chance of a flood half a foot deep before 2050, and FEMA has not mapped this specific area for high risk. However, it is always crucial for buyers to consult the official FEMA Flood Map Service Center (MSC) for 4894 Cyprus Ln, Haverhill, FL 33417, to determine the exact flood zone designation. This will clarify any mandatory flood insurance requirements and associated costs.
• Climate Risks (Extreme Heat & Wind): Haverhill, like much of South Florida, faces significant climate risks:
  • “Extreme” Heat Factor: Historically, the area experienced about 7 days above 93°F per year, projected to increase significantly to about 94 days per year by 2050.
  • “Extreme” Wind Factor: High risk of severe winds over the next 30 years due to frequent hurricane activity.
  • Buyers should factor in potential impacts on energy bills for cooling and ensure comprehensive homeowner’s insurance adequately covers wind and tropical storm damage.

This home at 4894 Cyprus Ln offers a unique blend of spacious living, a large private lot, and an attractive asking price in a market that favors buyers. While it may require some renovation to fully realize its potential, its features and location in the West Palm Beach area make it a compelling opportunity.

Priced at $250,000 – discover the possibilities of this Haverhill gem! Schedule your private showing today.