Modern Living Group
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$200,000ACTIVE

271 Cypress Point Drive, Palm Beach Gardens, FL 33418

1beds1baths502sq ft$398/ sq ft
THE RESIDENCE

About this home

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 $2,000 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new A/C system installed in 2026. 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 B26068272 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.

THE DETAILS

Property details

List Price$200,000
Price / Sq Ft$398
Bedrooms1
Bathrooms1
Inside Sq Ft502
HOA Fee$970/mo
Floor2
Year Built1982
FlooringLaminate
Days on Market0
Property TypeCondominium
MLS #B26068273
StatusActive
Original List Price$200,000
Stories2
WaterfrontYes
Waterfront FeaturesPond
Show all details (12 more)
ViewPond,Water
Parking1
Direction FacesSoutheast
Annual Taxes (2025)$2,930
Elementary SchoolTimber Trace
Middle SchoolWatson B. Duncan
High SchoolPalm Beach Gardens
CityPalm Beach Gardens
Zip Code33418
PetsAllowed (max 25 lbs, max 2 pets, restrictions)
HOA IncludesCommonAreas,MaintenanceGrounds,Sewer,Water
Building AmenitiesBasketballCourt,CarWashArea,GolfCourse,Gated,Laundry,Maintenance,Playground,Park,Pool,Parking,SportsFields,Sidewalks,TennisCourts,Trails
LOCATION

Where you'll live

Emily Sullivan
FEATURED AGENT
Emily Sullivan
Martin County Specialist

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