Condominium For Sale

271 Cypress Point Drive, Palm Beach Gardens, FL 33418

$195,000
1 Bedrooms
1 Bathrooms
502
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. 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.

Basic Details
Listing Type : For Sale
Price : $195,000
Bedrooms : 1
Bathrooms : 1
View : Pond, Water
Square Footage : 502
Full Bathrooms : 1
Property Sub Type : Condominium
Field 3132 : Basketball Court,Car Wash Area,Golf Course,Gated,Laundry,Maintenance,Playground,Park,Pool,Parking,Sports Fields,Sidewalks,Tennis Court(s),Trail(s)
Features
: Central Air
: Balcony, Open, Covered
: Assigned, Guest
Florida
Laundry Closet, Washer Dryer Install Allowed
Public Sewer
Central, Individual
Laminate
Association
Concrete, Tile
Location
US
FL
Palm Beach
Palm Beach Gardens
33418
5360
271 Cypress Point Drive, Palm Beach Gardens, Florida 33418
Extended Details
Breakfast Bar, Custom Mirrors, None
Balcony, Outdoor Living Area
Virtual Tour URL
CYPRESS POINT CONDO
08.25.2026
Timber Trace
Watson B. Duncan
Palm Beach Gardens
Block, Stucco
Yes
Multi Family
Cable Available, Electricity Available, Phone Available
Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
Basketball Court,Car Wash Area,Golf Course,Gated,Laundry,Maintenance,Playground,Park,Pool,Parking,Sports Fields,Sidewalks,Tennis Court(s),Trail(s)
Southeast
PCD (city)
$0
Zarden Realty
Olivia Prosser
None
Quarterly
Common Areas, Maintenance Grounds, Sewer, Water
1
502
2
One
Active
2026-08-25
Standard
2026-08-25T13:05:18Z
1
2
2930
Public
Beaches
Property TypeCondominium
StatusActive
Listing IDB26068273
Year Built1982
HOA969.63
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.

The properties displayed are provided courtesy of Real Estate Brokers participating in the Realtors® Association of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. Multiple Listing Service Internet Data Exchange Program (IDX). The information provided on this site is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Every effort has been made to maintain the highest degree of accuracy of data represented on this site. Up to date information is achieved by replicating pertinent Multiple Listing Service data every hour, subject to point-to-point Internet access availability. No representation is made as to the accuracy of any information regarding listed properties for sale, rental, taxes or financing. All information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Please consult a professional for exact dimensions. In the event your property is listed on this site and you discover errors, please contact your listing broker to remedy the discrepancy. We are only capable of correcting our own listings. Our listing data concerning your individual property will self-correct once your listing broker has corrected the errors with of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. MLS service.