Cypress Point Condo 1 bedroom Condo For Sale
286 Cypress Point Drive, Palm Beach Gardens, FL 33418

$200,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:B26068272
  • Virtual Tour: YES
  • List Price: $200,000
  • Living Area: 502 Ft² / 47 M²
  • Price Per Foot/Meter: $398 / $4,288
  • Bedrooms:1
  • Full Baths:1
  • Maintenance:$969
  • Taxes:$2,930
  • Year Built:1982
  • Waterfront:YES
  • Listing Date:August 25, 2026

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 $2,100 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new water heater. 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 #B26068273 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.

Features


  • Floor:Hardwood, Wood
  • Interior Feature:BreakfastBar, EatInKitchen
  • Exterior Feature:Balcony

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker