271 Cypress Point Drive, Palm Beach Gardens, FL 33418

• 1 bed |
• 1 bath |
• 502 sqft

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 $2,000 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.

Listing Status:

Active

Date Added:

August 25, 2026

Data Last Updated:

November 12, 2026 at 9:24PM

Listing Office:

Zarden Realty : 561-275-5773

Listing Agent:

Olivia Prosser : 561-229-4908

MLS ID:

B26068273

Interior

• General: Breakfast BarCustom MirrorsNone
• Appliances: CooktopDryerDishwasherElectric CooktopFreezerDisposalIce MakerMicrowaveOvenRefrigeratorWasher
• Laundry: Laundry ClosetWasher Dryer Install Allowed
• Flooring: Laminate
• A/C: Central Air
• Heating: CentralIndividual
• Disability Feature: None

Exterior

• General: BalconyOutdoor Living AreaGazebo
• Style: Florida
• Other Structures: GazeboBalconyCoveredOpen
• Pool: Association
• Parking: AssignedGuestParking spaces: 1

Construction

• Roofing: ConcreteTile
• General: CBS (Concrete Block Structure)BlockStucco1

Location

• HOA Amenities: Basketball CourtCar Wash AreaGolf CourseGatedLaundryMaintenancePlaygroundParkPoolParkingSports FieldsSidewalksTennis Court(s)Trail(s)Common AreasInsuranceMaintenance GroundsMaintenance StructurePool(s)Recreation FacilitiesRoofSewerTrashWater969.63Quarterly
• Originating MLS: BEACH_BEACH
• County: Palm Beach

Lot

• Zoning: PCD (city)CYPRESS POINT UNIT 27152424215030002710
• View: PondWaterView

Utilities

• Utilities: Cable AvailableElectricity AvailablePhone Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH