271 Cypress Point Drive, Palm Beach Gardens FL 33418
271 Cypress Point Drive, Palm Beach Gardens, FL, United States, 33418
271 Cypress Point Drive, Palm Beach Gardens, FL, United States, 33418Details
- Date added: Added 2 months ago
- Category: Condominium
- Type: Residential
- Status: Active
- Bedrooms: 1
- Bathrooms: 1
- Half baths: 0
- Total rooms: 4
- Area: 502 sq ft
- Lot size: 0 sq ft
- SubdivisionName: CYPRESS POINT CONDO,PGA NATIONAL
- ListOfficeName: Zarden Realty
- View: Water, Pond View, Pond
- ListAOR: Miami Association of REALTORS®
- EntryLevel: 2
- MLS ID: B26068273
Overview
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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 7.94% 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 representatives must independently verify all details.
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Amenities
- Features:
- Security Features: Complex Fenced, Gated with Guard, Guard At Site, Private Guards, Security Gate, Security Guard, Security Patrol
- Amenities:
- CommunityFeatures: Tennis, Buyer Approval Required, Gated, Golf Course Community, Laundry Facilities, Maintained Community, Mandatory Hoa, Other Membership Available, Pool, Security Patrol, Sidewalks, Tennis Court(s)
- ExteriorFeatures: Exterior Cat Walk, Balcony, Open Balcony
- PoolFeatures: Community
- Waterfront available: Yes
- GarageYN: No
- AttachedGarageYN: No
- Cooling System: Yes
- PoolPrivateYN: Yes
- FireplaceYN: No
Location
Video
- Virtual Tour: https://www.propertypanorama.com/271-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418/unbranded
Rooms
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Rooms:
Room type Dimensions Area Length Width PrimaryBedroom 10 x 9 90 10 9 Kitchen 10 x 7 70 10 7 LivingRoom 14 x 13 182 14 13
Building Details
- Cooling features: Central Individual A/C
- Year built: 1982
- ParkingTotal: 1
- NewConstructionYN: No
- Exterior material: CBS Construction, Stucco
- Roof: Concrete, Tile, Tile Roof
- Heating: Central Individual A/C
- Parking: Assigned, Guest, No Boats, No Rv/Boats