271 Cypress Point Drive, Palm Beach Gardens, FL 33418

$185,000

Fully updated and renovated 1 bedroom, 1 bath condo in Cypress Point at PGA National

Beds

1

Baths

1

Square Feet

502

Property Type

Condo

Year Built

1982

Parking

1 spaces

HOA Fee

$969 / mo

Annual Taxes

$2,930

MLS ID

B26068273

About This Property

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.

Features

• —Custom Mirrors
• —Utility Room/Laundry
• —Exterior Cat Walk
• —Balcony
• —Open Balcony

Amenities

• —Tennis
• —Buyer Approval Required
• —Gated
• —Golf Course Community
• —Laundry Facilities
• —Maintained Community
• —Mandatory Hoa
• —Other Membership Available
• —Pool
• —Security Patrol
• —Sidewalks
• —Tennis Court(s)

Location