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

$195,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:B26068273
  • Virtual Tour: YES
  • List Price: $195,000
  • Living Area: 502 Ft² / 47 M²
  • Price Per Foot/Meter: $388 / $4,181
  • Bedrooms:1
  • Full Baths:1
  • Maintenance:$969
  • Taxes:$2,930
  • Year Built:1982
  • Waterfront:YES
  • Listing Date:August 25, 2026
  • Days On Market:35

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. 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


  • Floor:
  • Interior Feature:BreakfastBar, CustomMirrors
  • Exterior Feature:Balcony

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker