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286 Cypress Point Drive, Palm Beach Gardens, Florida 33418

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Map

Active For Sale

$200,000

Beds 1
Baths 1
Sq Ft 502 Sqft
Visits: 2 in 20 days

Call Josh Dotoli

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.

Features

Swimming Pool: Association, Community, None
Heating System: Central
Cooling System: Central Air
Patio: Balcony, Open
Parking: Assigned, Guest

Appliances

Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Disposal, Built-In Oven, Ice Maker

Address Map

Country: US
State: FL
County: Palm Beach
City: Palm Beach Gardens
Subdivision: CYPRESS POINT CONDO
Zipcode: 33418
Street: Cypress Point
Street Number: 286
Street Suffix: Drive
Floor Number: 0
Longitude: W81° 52' 5.5''
Latitude: N26° 48' 56.2''
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.
MLS Area: 5360

MLS Addon

Architectural Style: One Story
Association Amenities: Laundry, Pool, Controlled Access, Guard, Golf Course, Trail(s), Maintenance, Security, Vehicle Wash Area
Association Fee: $969
Association Fee Frequency: Quarterly
Association Fee Includes: Sewer, Security, Water, Laundry
Close Price: $0
Elementary School: Timber Trace
Exterior Features: Balcony
Flooring: Wood, Hardwood
High School: Palm Beach Gardens
Insurance Expense: $0
Interior Features: Eat-in Kitchen, Breakfast Bar
Laundry Features: Common Area, Washer Hookup
Levels: Two, One
Lot Features: Buyer Approval Required, Trees
Middle Or Junior School: Watson B. Duncan
New Taxes Expense: $0
Stories: 2
Stories Total: 2
Tax Annual Amount: $2,930
Utilities: Cable Available, Electricity Available, Phone Available

Location

Listing Updated: 2026-09-13 07:40:14

Parent : 286::Cypress Point:33418:Palm Beach Gardens
Property Type : Condominium
Property Sub Type : Condominium
Listing Type : For Sale
Listing ID : B26068272
Price : $200,000
View : Garden, Ocean, Pool, Water
Bedrooms : 1
Bathrooms : 1
Full Bathrooms : 1
Half Bathrooms : 0
Square Footage : 502 Sqft
Year Built : 1982
Lot Area : 0 Acre
Listing Status : Active
Days On Market : 20

Contact Agent

Josh Dotoli

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and ettmail, about your inquiry and other home-related matters, but not as a condition of any purchase.