286 Cypress Point DR, Palm Beach Gardens, FL 33418
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286 Cypress Point DR, Palm Beach Gardens, FL 33418
286 Cypress Point DR, Palm Beach Gardens, FL 33418
286 Cypress Point DR, Palm Beach Gardens, FL 33418
286 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
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286 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 B26068272

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 $2,100 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new water heater. 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 #B26068273 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 Gated, Sidewalks

Area 5360

Zoning PCD (city)

Direction Southeast

Rooms

Other Rooms Gazebo, Other

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Eat-in Kitchen, None

Heating Central, Individual

Cooling Central Air

Flooring Wood

Furnishings Unfurnished

Fireplace No

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

Laundry Common Area, Washer Hookup, Other, Washer Dryer Install Allowed

Exterior

Exterior Feature Balcony, Outdoor Living Area

Parking Features Assigned, Guest

Pool Fenced, In Ground, Association

Community Features Gated, Sidewalks

Utilities Available Cable Available, Electricity Available, Phone Available

Amenities Available Car Wash Area, Golf Course, Gated, Laundry, Maintenance, Playground, Park, Pool, Security, Sidewalks, 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 Yes

Building

Lot Description Many Trees

Dwelling Type Multi Family

Faces Southeast

Story 2

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Florida

Level or Stories One

Additional Building Gazebo, Other

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 Sewer,Water

Senior Community No

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

Tax ID 52424215030002860

Security Features Gated with Guard,Gated Community

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit, Yes

Virtual Tour https://www.propertypanorama.com/286-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418--B26068272/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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286 Cypress Point DR