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 7.94% 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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Individual
Heating: Central Individual
Home Style: Key West
Roof Type: Concrete, Tile
Stories: 1.0
Taxes: $2,930
Year Built: 1982
Square Feet: 502
Amenities
Custom Mirrors
Balcony
Feature Descriptions
Appliances: Cooktop, Dryer, Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Washer, Electric Cooktop, Freezer
Association: CYPRESS POINT CONDO
Association Amenities: Basketball Court, Car Wash Area, Golf Course, Jogging Path, Laundry, Park, Playground, Parking, Pool, Tennis Court(s), Trail(s), Baseball/Softball Field, Maintained Community, Sidewalks, Gated
Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Common Areas, Recreation Facili
Balcony: Balcony - Covered, Balcony - Open
Days on Site: 67
Exterior: Stucco, CBS
Flooring: Laminate
Furnished: Unfurnished
HOA Fee: $969.63/ Quarterly
Laundry: Laundry Closet
Parcel#: 52424215030002710
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Pets Allowed: Yes, Number Limit, Size Limit, Pet Restrictions Possible
Restrictions: Buyer Approval Required, Other Restrictions, Parking - No Boat, Parking - No RV, Parking - No Trailer
Security: Gated with Guard, Security Guard, Security Patrol, Security Gate
Sewer: Public Sewer
Special View Info: Water, Pond
SQFT Living: 502
Structure Type: Multi Family
Total Rooms: 4
Utilities: Cable Available, Electricity Available, Phone Available
Utilities: Cable Available, Electricity Available, Phone Available
Water: Public
Waterfront Features: Pond
Room Sizes
Living Room: 13 X 14
Kitchen: 7 X 10
Primary Bedroom: 9 X 10
Local Schools
High School: Palm Beach Gardens
Middle School: Watson B. Duncan
Elementary School: Timber Trace
Listed By / Shown By
Listed By
Agency Name: Zarden Realty
Agency Phone: 561-275-5773
Shown By
Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,230.67 per month $932.54 Principal & Interest $244.17 Property Tax $53.96 Homeowner's InsuranceChange Payment Information
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271 Cypress Point Drive | MLS# B26068273
This condo located at 271 Cypress Point Drive, Palm Beach Gardens, FL 33418 is currently listed for sale with an asking price of $185,000. This property was built in 1982 and has 1 bedrooms and 1 full baths with 502 sq. ft. Cypress Point Drive is located in the CYPRESS POINT CONDO subdivision. Search CYPRESS POINT CONDO real estate on www.janshields.com today.