286 Cypress Point Drive, Palm Beach Gardens FL 33418
286 Cypress Point Drive, Palm Beach Gardens, FL, United States, 33418
286 Cypress Point Drive, Palm Beach Gardens, FL, United States, 33418
$200,000
Request info
Details
- Date added: Added 4 days ago
- Category: Condominium
- Type: Residential
- Status: Active
- Bedrooms: 1
- Bathrooms: 1
- Half baths: 0
- Total rooms: 3
- Area: 502 sq ft
- Lot size: 0 sq ft
- SubdivisionName: CYPRESS POINT CONDO,Cypress Point Condo
- ListOfficeName: Zarden Realty
- View: Water, Pond View, Pond
- ListAOR: Miami Association of REALTORS®
- EntryLevel: 2
- MLS ID: B26068272
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 $2,100 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.
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Amenities
- Features:
- Security Features: Gated with Guard
- Amenities:
- CommunityFeatures: Buyer Approval Required, Gated, Golf Course Community, Laundry Facilities, Maintained Community, Mandatory Hoa, Other Membership Available, Pool, Sidewalks
- ExteriorFeatures: Exterior Cat Walk, Balcony, Open Balcony
- PoolFeatures: Community
- Waterfront available: Yes
- GarageYN: No
- AttachedGarageYN: No
- Cooling System: Yes
- PoolPrivateYN: Yes
- FireplaceYN: No
Location
- Directions: Head West on PGA Blvd. Make a left into PGA National. Turn left on Avenue of the Masters. Turn left onto Cypress Point Drive.
Video
- Virtual Tour: https://www.propertypanorama.com/286-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418--B26068272/unbranded
Rooms
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Rooms:
Room type PrimaryBedroom Kitchen LivingRoom
Building Details
- Cooling features: Central Individual A/C
- Year built: 1982
- ArchitecturalStyle: One Story
- ParkingTotal: 1
- NewConstructionYN: No
- Exterior material: CBS Construction, Slab Construction, Stucco
- Roof: Concrete, Tile, Tile Roof
- Heating: Central Individual A/C
- Parking: Assigned, Guest, No Boats, No Rv/Boats