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1 Bed
1 Bath
502 sqft

$195,000

271 Cypress Point Drive, Palm Beach Gardens FL, 33418

Price per sqft$388.45
Built in1982
Property size502 sqft
Property typeCondominium

Overview

Active

Listed Aug 25, 2026

Updated 35h ago

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.

$1,297/mo

Est. mortgage payment based on a $195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B26068273

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$2,930
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Secondary Association Fee
$1,036
Secondary Association Fee Frequency
Yearly
View
Yes
Pets Allowed
Yes
Waterfront
Yes
55+/Senior Community
No

Listed with Zarden Realty

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:18 AM UTC, 10/6/2026

 

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