271 Cypress Point DR, Palm Beach Gardens, FL 33418
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271 Cypress Point DR, Palm Beach Gardens, FL 33418
271 Cypress Point DR, Palm Beach Gardens, FL 33418
271 Cypress Point DR, Palm Beach Gardens, FL 33418
271 Cypress Point DR, Palm Beach Gardens, FL 33418
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Premier Associates Realty, LLC.

Premier Associates Realty, LLC.

+1(954) 540-9019
$ 200,000
Est. payment /mo
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271 Cypress Point DR Palm Beach Gardens, FL 33418

1 Bed

1 Bath

502 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 502 sqft

Price per Sqft $398

Subdivision Cypress Point Condo

MLS Listing ID B26068273

Style Florida

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $969/qua

HOA Y/N Yes

Total Fin. Sqft 502

Year Built 1982

Annual Tax Amount $2,930

Tax Year 2025

Property Sub-Type Condominium

Property 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

State FL

County Palm Beach

Community Home Owners Association, Gated

Area 5360

Zoning PCD (city)

Direction Southeast

Rooms

Other Rooms Gazebo

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Custom Mirrors, None

Heating Central, Individual

Cooling Central Air

Flooring Laminate

Furnishings Unfurnished

Fireplace No

Appliance Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer

Laundry Laundry Closet, Washer Dryer Install Allowed

Exterior

Exterior Feature Balcony, Outdoor Living Area

Parking Features Assigned, Guest

Pool Association

Community Features Home Owners Association, Gated

Utilities Available Cable Available, Electricity Available, Phone Available

Amenities Available Basketball Court, Car Wash Area, Golf Course, Gated, Laundry, Maintenance, Playground, Park, Pool, Parking, Sports Fields, Sidewalks, Tennis Court(s), Trail(s)

Waterfront Description Pond

View Y/N Yes

Water Access Desc Public

View Pond, Water

Roof Type Concrete,Tile

Accessibility None

Porch Covered, Open, Balcony

Total Parking Spaces 1

Garage No

Private Pool No

Building

Dwelling Type Multi Family

Faces Southeast

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Florida

Level or Stories One

Additional Building Gazebo

Unit Floor 2

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools Timber Trace

Middle Schools Watson B. Duncan

High Schools Palm Beach Gardens

Others

Pets Allowed Yes

HOA Name CYPRESS POINT CONDO

HOA Fee Include Common Areas,Maintenance Grounds,Sewer,Water

Senior Community No

Restrictions Buyer Approval Required,No Boats,No RV,No Trailer Parking,Other Restrictions,Rental Restriction

Tax ID 52424215030002710

Security Features Security Gate,Gated with Guard,Gated Community,Security Guard

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition Standard

Pets Allowed Number Limit, Pet Restrictions, Size Limit, Yes

Virtual Tour https://www.propertypanorama.com/271-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Olivia Prosser Zarden Realty
Nearby Locations

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Premier Associates Realty, LLC.

Premier Associates Realty, LLC.

+1(954) 540-9019

Broker License ID: BK3215191

Broker License ID: BK3215191

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271 Cypress Point DR