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Cypress Cove is a unique investment opportunity in the heart of the Space Coast of Florida. Located adjacent to Viera one of the fastest growing coastal towns in Florida, this condo community with its winding waterways and nearby East Coast beaches, the harbor town of Melbourne, Florida is a true dream destination of sun & fun just minutes from Florida’s world-famous Space Coast.

Whether your idea of a perfect weekend is a Sunday picnic by the lake or a spirited match of tennis on the private courts, Cypress Cove is a true Florida resort getaway with all the trimmings of home.

Spanning 22 acres of pristine East Coast countryside, Cypress Cove is a perfect family community of 1, 2 and 3 bedroom homes right on the banks of beautiful Lake Banjo.
 

Property Features

• Lighted Tennis Courts
• Lakeside pool with surround sound system
• Fully equipped 24-hour fitness center
• Tot Lot Playground
• Elegant architectural styling and landscaping
• Car Care Center
• On Site Laundry Facilities
• Private, Detached Garages (limited supply, selling fast)

Residence Features

• Spacious Kitchen Designs with Ample Counter Space
• Ceramic-Tile Flooring
• European-Styled Cabinetry with Oaks Trims
• Full Size Washer/Dryer Connections
• Large Bedroom Suites with Walk-in Closets
• Large Sized Bathrooms with Porcelain Sinks
• Vaulted Ceilings on Top Floor Residences
• Personal Patios and Balconies
• Optional Lakeside and Pool Views (selling fast, act quickly)

The units can either be purchased with a tenant already in place, with rental income starting at $825 per month for the one bedroom units, or for a limited time, pay only $10,000 for the developer to completely renovate the unit to make it look like the the model. Renovation includes..

• Tile in all areas except for the bedrooms.
• Berber carpet in the bedrooms.
• Granite counter tops in the kitchen and bathrooms.
• Oak cabinets in the kitchen and bathrooms.
• Stainless steel appliances

This extra renovation will equate to higher rental rates, and is strongly recommended.

Q. With baby boomers getting ready to retire over the next 20 years, where do you think they will buy?

Q.  What size property will they buy?

A. Coastal condos with amenities and virtually no upkeep ( no pool or lawn to take care of), will certainly dominate the market, and properties like this are perfect for either the real estate investor who wants to put little down, allow the property to pay for itself, and sell when demand is high, or the baby boomer looking to purchase that affordable property in Florida at today's prices.

With a trio of spacious, smartly designed floor plans and a sparkling array of world-class features & amenities, Cypress Cove is sure to have just the right living space for your perfect Florida life or your perfect Florida investment.

1 bedroom units starting at $144,990   Condo Association Fee....$105 per month

2 bedroom units starting at $184,990    Condo Association Fee....$150 per month

3 bedroom units starting at $205,990   Condo Association Fee....$175 per month

We can finance these units starting as low as $600 per month!*

Click here for information concerning increased rental occupancy and rental amounts across Florida

Contact us now to reserve a unit, or call 1-866-658-0801 to speak with an agent.

*Required

Legal
Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representation, make reference to the documents required by section 718.503, Florida statues, to be furnished by the developer to a buyer or lessee. The developer reserves the right to change and/or alter price, materials, equipment, and design without prior notice.

*Payment based on 1.5% option arm mortgage. Loan amount $130,000, term 30 years.