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271 Cypress Point Drive, Palm Beach Gardens FL 33418

Palm Beach Gardens, FL 33418

$185,000

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Price
$185,000
Beds
1
Baths
1
Square feet
502
Property type
Condominium
Year built
1982
MLS number
B26068273

This listing is courtesy of Zarden Realty, 561-275-5773.

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About this property

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 7.94% 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 B26084588 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.

Details

Property type
Condominium
Year built
1982

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

271 Cypress Point Drive, Palm Beach Gardens FL 33418 | Newmar Brokerage, LLC