271 Cypress Point Drive
Palm Beach Gardens, FL 33418
1
Bed
1
Bath
502Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 4Roofing Information
Concrete, TileFlooring Information
Laminate -
Interior Features
BreakfastBar, CustomMirrors, NoneRoof: Concrete, TileAppliances: Cooktop, Dryer, Dishwasher, ElectricCooktop, Freezer, Disposal, IceMaker, Microwave, Oven, Refrigerator, WasherLaundry Features: LaundryCloset, WasherDryerInstallAllowed -
Heating & Cooling
Has Heating: Yes Heating: Central, Individual Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 1982Building Area Total: 502Construction Materials: Block, StuccoStories: 1Patio And Porch Features: Covered, Open, BalconyPool Features: AssociationPrivate Pool: NoWater front Features: PondView: Pond, WaterAssociation Fee Frequency: Quarterly -
Exterior Features
Exterior Features: Balcony, OutdoorLivingArea
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Listing Price Information
Listing Price: $200000Cash, Conventional
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Tax Information
Parcel Number: 52424215030002710 Tax Year: 2025 Annual Tax: $2930 Tax Legal Desc: CYPRESS POINT UNIT 271
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Virtual Tour
Parking Information
Parking Total: 1 Assigned, GuestGarage Information
Pets Allowed: NumberLimit, PetRestrictions, SizeLimit, YesHomeowners Association Information
Has Association: YesIncluded Fees: CommonAreas, MaintenanceGrounds, Sewer, WaterHOA: $969.63Association Amenities: BasketballCourt, CarWashArea, GolfCourse, Gated, Laundry, Maintenance, Playground, Park, Pool, Parking, SportsFields, Sidewalks, TennisCourts, TrailsCommunity Features: HomeOwnersAssociation, Gated
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School Information
Elementary School: Timber Trace Junior High School: Watson B. Duncan Senior High School: Palm Beach Gardens -
Utility Information
CableAvailable, ElectricityAvailable, PhoneAvailable -
Location Information
WaterSource: Public Security Features: SecurityGate,GatedWithGuard,GatedCommunity,SecurityGuard
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 105 Palm Bay Drive #C, Palm Beach Gardens, FL, 33418 | $950,000 | 3 | 3 | 2,483 | 2,483 SqFt |
| 5570 Tamberlane Circle .., Palm Beach Gardens, FL, 33418 | $169,900 | 2 | 2 | 959 | 959 SqFt |
| 5510 Tamberlane Circle .., Palm Beach Gardens, FL, 33418 | $205,000 | 2 | 2 | 959 | 959 SqFt |
| 229 Cypress Point Drive, Palm Beach Gardens, FL, 33418 | $399,995 | 2 | 2 | 1,250 | 1,250 SqFt |
| 1701 Sabal Ridge Circle.., Palm Beach Gardens, FL, 33418 | $259,900 | 2 | 2 | 1,200 | 1,200 SqFt |
| 128 Brackenwood Road #128, Palm Beach Gardens, FL, 33418 | $444,900 | 2 | 2 | 1,366 | 1,366 SqFt |
| 21 Lexington Lane #H, Palm Beach Gardens, FL, 33418 | $439,000 | 3 | 2 | 1,600 | 1,600 SqFt |
| 11811 Ave Of The Pga #5.., Palm Beach Gardens, FL, 33418 | $204,900 | 1 | 2 | 1,130 | 1,130 SqFt |
| 2101 Sabal Ridge Court #F, Palm Beach Gardens, FL, 33418 | $299,000 | 2 | 2 | 1,200 | 1,200 SqFt |
| 1901 Sabal Ridge Court #D, Palm Beach Gardens, FL, 33418 | $250,000 | 3 | 2 | 1,400 | 1,400 SqFt |
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ByOwner last updated this listing 08/26/2026 @ 03:51
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