
$200,000
Apartment for Sale, 271 Cypress Point Drive, Palm Beach Gardens, Florida 33418
- MLS#B26068273
- 1
- 1
47 m² (502 ft²)
Listed By Zarden Realty
The Apartment for Sale located at 271 Cypress Point Drive, Palm Beach Gardens, Florida 33418 is currently for sale. This property has 1 bedroom, 1 bathroom.
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 7.76% 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.
Location
271 Cypress Point Drive, Palm Beach Gardens, Florida 33418
Property features
Property
- Property size:
47 m² (502 ft²) - Type: Unfurnished
- Features: Utility RoomBalcony
- Location: Waterfront
Construction
- Year built: 1982
- Roofing: TileConcrete
- Construction: Cbs Construction
- Exterior: Stucco
Parking/Garage
- Parking description: Guest ParkingAssigned
Bedrooms
- Bedrooms: 1
Bathrooms
- Total bathrooms: 1
- Full bathrooms: 1
- Details: Custom Mirrors
Exterior Features
- Outdoor spaces: Balcony
- Carport spaces:
Pool and Spa
- Pool: Private Pool
Water and Boating
- Water: Pond
Security
- Features: Security GuardSecurity Patrol
View
- Features: Pond ViewWater View
Heating and Cooling
- Cooling System: Central AC
Utilities
- Telecommunication: Cable Available
- Other utilities: SewerPublicPublic Sewer
Community
- Features: Gated Community With Security GuardGolf CoursePets AllowedSwimming PoolGuard GatedLaundryTennis CourtsGated CommunityJogging/Bike Path
School information
- High School: Palm Beach Gardens
- Middle School: Watson B. Duncan
- Elementary School: Timber Trace