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151 Cypress Point Drive, Palm Beach Gardens, Florida 33418

Active For Sale
$195,000
  • Beds 1
  • Baths 1
  • Sq Ft 502 Sqft
  • Visits: 2 in 6 days

Description

Fully furnished and updated 1 bedroom, 1 bath condo in Cypress Point at PGA National! The unit is currently leased on an annual basis at $2,100/month, providing immediate rental income! Offered at an attractive 7.30% 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 B26068273 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.

Features

  • Swimming Pool: Association
  • Heating System: Central, Electric, Individual
  • Cooling System: Electric, Central Air
  • Patio: Balcony, Covered
  • Parking: Assigned, Guest

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Freezer, Cooktop, Oven, Electric Cooktop

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Palm Beach Gardens
  • Subdivision: CYPRESS POINT CONDO
  • Zipcode: 33418
  • Street: Cypress Point
  • Street Number: 151
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 51' 58.5''
  • Latitude: N26° 48' 49.4''
  • 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

  • Accessibility Features: No
  • Architectural Style: Florida
  • Association Amenities: Laundry, Pool, Tennis Court(s), Picnic Area, Playground, Basketball Court, Golf Course, Trail(s), Maintenance, Security, Pickleball, Gated, Car Wash Area, Park, Sidewalks, Sports Fields
  • Association Fee: $970
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Maintenance Structure, Common Areas, Pool(s), Sewer, Maintenance Grounds, Trash, Water, Insurance, Recreation Facilities
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Timber Trace
  • Exterior Features: Balcony, Outdoor Living Area
  • Fireplaces Total: 0
  • Flooring: Vinyl
  • Garage Spaces: 0
  • High School: Palm Beach Gardens
  • Insurance Expense: $0
  • Interior Features: Living/Dining Room, Other, Eat-in Kitchen, Breakfast Bar, Tub Shower
  • Laundry Features: Laundry Closet, Laundry Room, Washer Dryer Install Allowed, In Unit, Multiple Locations
  • Levels: One
  • Lot Features: Many Trees
  • Middle Or Junior School: Watson B. Duncan
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 2
  • Tax Annual Amount: $3,979
  • Utilities: Cable Available, Electricity Connected, Water Connected, Sewer Connected
  • Zoning: PCD (city)

Location

Listing Updated: 2026-10-08 21:11:51

  • Parent : 151::Cypress Point:33418:Palm Beach Gardens
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : B26084588
  • Price : $195,000
  • View : Pond, 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 : 6
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