Current MLS Property Details
271 Cypress Point Drive, Palm Beach Gardens, FL 33418
Palm Beach Gardens, FL, 33418
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 7.76% 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.
Property Details
Property Type
Condominium
Subdivision
CYPRESS POINT CONDO
Development
CYPRESS POINT CONDO
County
Palm Beach
Waterfront
Yes
Private Pool
No
Association Fee
$970 Quarterly
Original List Price
$200,000
MLS ID
B26068273
Updated
Sep 2, 2026
Quick Payment Estimate
What might this home cost each month?
Starting rate:
6.66%
30 year fixed national average
· updated Aug. 27, 2026
$
%
%
$
/mo
Taxes, insurance, flood coverage and PMI are not included here.
HOA / condo fee prefilled from MLS
Rate is editable and is not a lender quote.
Listing Office: Zarden Realty • 561-275-5773
Listing Agent: Olivia Prosser • 561-229-4908
MLS ID: B26068273
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
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