271 Cypress Point Dr

Palm Beach Gardens, FL 33418
  • $200,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 502

    SqFt

About the Listing 276760654 - 276820443

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.

Listing Highlights

Status Active
Days on Site 24
Property Type Condo/Townhome
MLS ® B26068273
Year Built 1982
Total Square Footage 502
Lot/Acreage N/A
County Palm Beach
Building Name 5
Area 5360
HOA Dues 969.63/Quarterly
1/Annually
Elementary School Timber Trace
Middle School Watson B. Duncan
High School Palm Beach Gardens

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Air Cond: Central Air
  • Heating: Central,Individual
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Unfurnished,Breakfast Bar,Custom Mirrors,Pets Allowed,Second Floor Entry
  • Water: Public

Exterior Details

  • Lot Description: Gazebo
  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Zoning: PCD (city)
  • Roof: Concrete,Tile
  • Others: Balcony,Outdoor Living Area
  • Sewer: Public Sewer
  • Parking Features: Assigned,Guest

Financial Details

  • Tax Amount: $2,930
  • Taxes w/Assessments: $127,734
  • Tax/Property ID: 52424215030002710
  • Tax Year: 2025

Payment Calculator

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Questions About..

271 Cypress Point Dr Palm Beach Gardens, FL 33418

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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