271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Palm Beach Gardens
Local realty services provided by:Reliant Realty ERA Powered
271 Cypress Point Drive,Palm Beach Gardens, FL 33418
$195,000
Virtual Tour
  • 1 Beds
  • 1 Baths
  • 502 sq. ft.
  • Condominium
  • Active
Listed by: olivia prosser
Office: zarden realty
MLS#:B26068273
Source:RMLS

Price summary

  • Price:$195,000
  • Price per sq. ft.:$388.45
  • Monthly HOA dues:$323

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...

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Home facts

  • Year built:1982
  • Subdivision & Development:CYPRESS POINT CONDO
  • Listing ID #:B26068273
  • Added:44 day(s) ago
  • Updated:October 09, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Disposal, Freezer, Microwave, Refrigerator
  • Living area:502 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Concrete, Tile
  • Year built:1982
  • Building area:502 sq. ft.
  • Construction Materials:Block, Stucco
  • Exterior Features:Open
  • Levels:1 Story

Schools

  • High school:Palm Beach Gardens
  • Middle school:Watson B. Duncan
  • Elementary school:Timber Trace

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Price per sq. ft.:$388.45
  • Tax amount:$2,930 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Laundry, Washer
  • Pool features:Association, Pool

Parking

  • Total parking spaces:1
  • Parking description:Assigned, Guest
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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