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 7.94% 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
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: CBSConcreteBlockStructure, 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: $195000Original 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, Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities, Sewer, Trash, 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 |
|---|---|---|---|---|---|
| 222 Legendary Circle, Palm Beach Gardens, FL, 33418 | $725,000 | 3 | 2 | 2,072 | -- |
| 12790 Briarlake Drive #.., Palm Beach Gardens, FL, 33418 | $189,990 | 2 | 2 | 1,000 | -- |
| 111 Waterview Drive #1110, Palm Beach Gardens, FL, 33418 | $499,000 | 2 | 2 | 1,340 | -- |
| 1143 Duncan Circle #UNI.., Palm Beach Gardens, FL, 33418 | $389,900 | 3 | 2 | 1,434 | -- |
| 101 Palm Bay Circle #B, Palm Beach Gardens, FL, 33418 | $900,000 | 2 | 2 | 2,085 | -- |
| 11811 Ave Of The Pga #5.., Palm Beach Gardens, FL, 33418 | $204,900 | 1 | 2 | 1,130 | -- |
| 2101 Sabal Ridge Court #F, Palm Beach Gardens, FL, 33418 | $299,000 | 2 | 2 | 1,200 | -- |
| 1701 Sabal Ridge Circle.., Palm Beach Gardens, FL, 33418 | $359,000 | 2 | 2 | 1,400 | -- |
| 5306 Myrtlewood Circle, Palm Beach Gardens, FL, 33418 | $379,400 | 2 | 2 | 1,004 | -- |
| 4903 Midtown Lane #3116, Palm Beach Gardens, FL, 33418 | $350,000 | 2 | 2 | 976 | -- |
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Nearby For Sale
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ByOwner last updated this listing 10/10/2026 @ 07:47
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