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, 33418Details
- Date added: Added 2 months 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 7.93% 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 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: Gated with Guard
- Spa Features: Community, Bath
- Amenities:
- CommunityFeatures: Tennis, Gated, Golf Course Community, Laundry Facilities, Maintained Community, Mandatory Hoa, Other Membership Available, Picnic Area, Pool, Sidewalks, Spa/Hot Tub, Tennis Court(s), Whirlpool
- WindowFeatures: Complete Accordian Shutters
- 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
- ParkingTotal: 1
- NewConstructionYN: No
- Exterior material: CBS Construction, Frame, Frame With Stucco, Slab Construction, Stucco
- Roof: Concrete, Tile, Tile Roof
- Heating: Central Individual A/C
- Parking: Assigned, Guest, No Boats, No Rv/Boats