$200,000 $1,074 est/mo Sourced by Back At You
286 Cypress Point Drive,Palm Beach Gardens, FL 33418
Palm Beach Gardens, FL 33418
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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.
Details
| MLS # | B26068272 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $969 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 14 |
| Listing Provided By | Zarden Realty | Olivia Prosser |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 502 |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | PCD (city) |
| Water Front | Yes |
| Property View | Yes |
Exterior
| Lot Features | Many Trees |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Assigned, Guest |
Taxes
| Tax Annual Amount | 2930 |
|---|
Location
| Community Features | Gated, Sidewalks |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Beach Gardens |
| Zip Code | 33418 |
| Area | 5360 |
| Subarea | PB27 |
| Community Name | CYPRESS POINT CONDO |
| Listing VS Median (in CYPRESS POINT CONDO) | |
Price: $200,000 low | high Med: $3,000 sqft: 502 low | high Med: 636 $ / sqft: $398 low | high Med: $5 On site: 14 low | high Med: 41 | |
Market Activity 33418
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Beach Gardens |
| Zip Code | 33418 |
| Area | 5360 |
| Subarea | PB27 |
| Community Name | CYPRESS POINT CONDO |
| Listing VS Median (in CYPRESS POINT CONDO) | |
Price: $200,000 low | high Med: $3,000 sqft: 502 low | high Med: 636 $ / sqft: $398 low | high Med: $5 On site: 14 low | high Med: 41 | |
Nearby Listings (Within 1/10 mile)
Price: $150K - $250K
sqft: 377 - 628
Listing Updated: September 4, 2026 at 3:28:26 PM PDT