Active condo SALE

271 Cypress Point Drive, Palm Beach Gardens, Florida 33418

Palm Beach Gardens, FL 33418

$195,000

1 bed

1 bath

502 sqft

HOA: $969.00 Pool

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Property Details

MLS# B26068273

Type Condo

Square Footage 502

Bedrooms 1

Bathrooms 1 full

Year Built 1982

Tax Amount $2,930

HOA Fees $969

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.

Amenities

2 Stories

Association

Balcony

Balcony, Outdoor Living Area

Breakfast Bar

Breakfast Bar, Custom Mirrors, None

Built 1982

Cooling: Central Air

Custom Mirrors

Heating: Central, Individual

None

Outdoor Living Area

Pool

View: Pond, Water

Payment Calculator

$0.00 per month

30 Year Fixed, 6.59% Interest

Principal & Interest

$0.00

Property Tax

$0.00

Mortgage Insurance

$0.00

HOA

$0.00

Home Owners Insurance

$0.00

Home Price

Interest Rate

Down Payment

Property Location

Listing Office: Zarden Realty

Listing Agent: Olivia Prosser

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Updated: 10/06/2026 12:00 AM

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