Overview
Property ID: HZB26068273
- Condominium, Residential
- 1
- 1
- 502
- 1982
Description
Fully updated and renovated 1 bedroom, 1 bath condo in Cypress Point at PGA National. The unit is currently leased on an annual basis at $2,000 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new A/C system installed in 2026. Offered at an attractive 7.76% cap rate, this is a turnkey opportunity for investors seeking strong in place income. This property is also being offered alongside two additional fully renovated units MLS B26068272 and a third listing coming soon creating the opportunity to acquire a three unit investment portfolio with an average cap rate of approximately 7.5%. Units may be purchased individually or as a portfolio.
Address
Open on Google Maps- Address 271 Cypress Point Drive
- City Palm Beach Gardens
- State/county FL
- Zip/Postal Code 33418
- Area Palm Beach
Details
Updated on August 27, 2026 at 4:54 pm- Property ID: HZB26068273
- Price: $200,000
- Property Size: 502 Sqft
- Bedroom: 1
- Rooms: 4
- Bathroom: 1
- Garage Size: x x
- Year Built: 1982
- Property Type: Condominium, Residential
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash, Conventional
- Association Fee: 969.63
- Roof: Concrete, Tile
- Utilities: Cable Available, Electricity Available, Phone Available
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Central, Individual
- Flooring: Laminate
- County: Palm Beach
- Property Type: Residential
- Pool: Association
- Parking: Assigned, Guest
- Elementary School: Timber Trace
- Middle School: Watson B. Duncan
- High School: Palm Beach Gardens
- Community Features: Home Owners Association, Gated
- Waterfront: Pond
- Architectural Style: Florida
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