1 / 49271 Cypress Point Drive
Palm Beach Gardens, FL 33418
MLS # B26068273· Active IDX
$185,000
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 502 sq ft
- Year built
- 1982
- Type
- Condominium
- Days on market
- 71
About this home
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.
Details
| MLS # | B26068273 |
|---|---|
| Status | Active |
| Subdivision | Cypress Point Condo |
| County | Palm Beach |
| ZIP | 33418 |
| View | Water, Pond |
| Waterfront | Yes |
| Private pool | No |
| Parking spaces | 1 |
| Stories | 1 |
| Style | Key West |
| Construction | Stucco, CBS |
| Roof | Concrete, Tile |
| Flooring | Laminate |
| Heating | Central Individual |
| Cooling | Central Individual |
| Appliances | Cooktop, Dryer, Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Washer, Electric Cooktop, Freezer |
| Interior features | Custom Mirrors |
| Exterior features | Balcony |
| Furnished | Unfurnished |
| Pets | Yes, Number Limit, Size Limit, Pet Restrictions Possible |
| Water | Public |
| Sewer | Public Sewer |
| Utilities | Cable Available, Electricity Available, Phone Available |
| Association fee | $970 / quarterly |
| Annual taxes | $2,930 |
Listing courtesy of Zarden Realty, Olivia Prosser. Last updated Oct 25, 2026, 5:49 PM ET.
Request a showing
Mention MLS # B26068273 (271 Cypress Point Drive) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 25, 2026, 5:49 PM ET.