Old Cypress Pointe Receives Final Approvals, Grants 3 Acre Lake to Martin County


Frank Skelly of CDA Consulting Group and Tony Panebianco of PB Built announce finalized plans for Old Cypress Pointe, a residential community of luxury homes on the North Fork of the Loxahatchee River within minutes of the Atlantic.

Old Cypress Pointe, LLC has received the final approvals from Martin County to move forward with its new Treasure Coast luxury home community. Located on the North Fork of the Loxahatchee River within minutes of the Atlantic, Old Cypress Pointe is the last deep-water living opportunity in the Jupiter and Tequesta area.

According to Frank Skelly, one of the primary investors in the development, Old Cypress Pointe has also finalized plans to grant Martin County the 3-acre lake that sits on the property. “The lake doubles as both a wetlands preserve and a scenic asset,” Skelly said. “We’ve planned 13 over-sized homesites with the Loxahatchee River on one side and the lake on the other. Our future residents will enjoy natural surroundings and scenic views everywhere they turn not to mention an intimate Tequesta address on prestigious Island Way.”

Tony Panebianco, founder and principle of PB Built, which is developing the infrastructure for Old Cypress Pointe, expressed his excitement about the project. “We have 30 years of commercial and residential construction experience,” Panebianco said. “But, I’ve never seen an opportunity quite like Old Cypress Pointe. The residents will enjoy spacious homesites of a size you almost never find in a new Treasure Coast community, especially one that offers deep-water access which is increasingly rare.”

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