286 Cypress Point Drive, Palm Beach Gardens, FL 33418
- $195,000
- 1
- BD
- 1
- BA
- 502
- SqFt
- List Price
- $195,000
- Price Change
- ▼ $5,000 1790127231
- Days on Market
- 34
- MLS#
- B26068272
- Bedrooms
- 1
- Full Bathrooms
- 1
- Sq. Ft
- 502
- Subtype
- Condominium
- County
- Palm Beach
- Subdivision
- Cypress Point Condo
- Year Built
- 1982
Property 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. 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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Additional Information
- Hoa
- Yes
- Hoa Amount
- 969
- Pets Allowed
- Cats OK, Dogs OK, Number Limit, Size Limit, Yes
- Construction
- Block, Stucco
- Cooling
- Central Air
- Flooring
- Wood
- Furnished
- Unfurnished
- Heating
- Central, Individual
- Restrict
- BuyerApprovalRequired, NoBoats, NoRv, NoTrailerParking, OkToLease, ShortTermRentalsAllowed
- Roof
- Concrete, Tile
- Security
- Gated with Guard, Gated Community
- Taxes
- $2,930
- Utilities
- Cable Available, Electricity Available, Phone Available
- View
- Pond, Water
- Unit Floor
- 2
- Amenities
- Car Wash Area, Gated, Golf Course, Laundry, Maintenance, Park, Playground, Pool, Security, Sidewalks, Trail(s)
- Waterfront
- Pond
- Stories
- 1
- Price Per Sqft
- $388
- Elementary School
- Timber Trace
- Middle School
- Watson B. Duncan
- High School
- Palm Beach Gardens
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Listing courtesy of Zarden Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Olivia Prosser | Email: oliviaprealtor@gmail.com