271 Cypress Point Drive, Palm Beach Gardens, FL 33418
- $200,000
- 1
- BD
- 1
- BA
- 502
- SqFt
- List Price
- $200,000
- MLS#
- B26068273
- Bedrooms
- 1
- Bathrooms
- 1
- Sq. Ft
- 502
- Subtype
- Condominium
- County
- Palm Beach
- Community
- Cypress Point Condo
- Subdivision
- Cypress Point Condo
- Year Built
- 1982
Property 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.
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Additional Information
- Front Exposure
- Southeast
- Hoa
- Yes
- Hoa Amount
- 969
- Pets Allowed
- Yes
- Status Label
- ACTIVE
- Unit Floor Number
- 2
- Construction
- CBS Construction, Stucco
- Cooling
- Central Individual A/C
- Equipment
- Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
- Furnished
- Unfurnished
- Heating
- Central Individual A/C
- Parking
- Assigned, Guest, No Boats, No Rv/Boats
- Roof
- Tile, Concrete, Tile Roof
- Bedroom Description
- None
- Security
- Complex Fenced, Gated with Guard, Guard At Site, Private Guards, Security Gate, Security Guard, Security Patrol
- Taxes
- $2,930
- Utilities
- Cable Connected, Electricity Connected, Phone Connected, Cable Available, Electricity Available, Phone Available
- View
- Water, Pond View, Pond
- Total Floors
- 2
- Private Pool
- Yes
- Waterfront
- Yes
- Stories
- 2
- Roofing
- Tile, Concrete, Tile Roof
- Price Per Sqft
- $398
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Listing Courtesy Of Zarden Realty, Contact: