Active For Sale Resale
271 Cypress PointDrive, Palm Beach Gardens, FL 33418
271 Cypress Point Drive, Palm Beach Gardens, FL 33418
  • $185,000
  • $195,000

Overview

Property ID: HZB26068273
  • Condominium, Residential
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 502
  • Sqft
  • 1982
  • Year Built

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 7.94% 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 B26084588 creating the opportunity to acquire a three unit investment portfolio with an average cap rate of approximately 7.72%. Units may be purchased individually or as a portfolio! All information provided by the broker and its representatives, including but not limited to pricing, square footage, calculations, and statistics, is deemed reliable but not guaranteed and is subject to errors, omissions, or changes without notice. Buyers and their representatives must independently verify all details.

  • Address 271 Cypress Point Drive
  • City Palm Beach Gardens
  • State/county FL
  • Zip/Postal Code 33418
  • Area Palm Beach

Details

Updated on November 4, 2026 at 10:14 pm
  • Property ID: HZB26068273
  • Price: $185,000
  • 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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