271 Cypress Point Dr

Own in Palm Beach Gardens?
1
Beds
1
Baths
502
SqFt
$388
$/SqFt
Condo
Built in 1982
Pond,Water View
$323/mo HOA
Waterfront
Florida
Balcony
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.
MLS Number: B26068273
On Site: 45 Days
Updated: 4 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, OutdoorLivingArea
  • View: Pond,Water
Interior, Heating and Cooling
  • Interior Features: BreakfastBar, CustomMirrors, None
  • Equipment / Appliances: Cooktop, Dryer, Dishwasher, ElectricCooktop, Freezer, Disposal, IceMaker, Microwave, Oven, Refrigerator, Washer
  • Heating Description: Central,Individual
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Laminate
  • Construction Type: MultiFamily
  • Year Built: 1982
  • Style: Florida
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Timber Trace
  • Middle School: Watson B. Duncan
  • Senior High School: Palm Beach Gardens
Other Property Info
  • Listing Date: 2026-08-25T13:05:18.000-00:00
  • Directions: Southeast
  • Pets Allowed: NumberLimit, PetRestrictions, SizeLimit, Yes
Taxes, Fees & More
  • Maintenance Includes: CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities, Sewer, Trash, Water
  • Taxes: 2930
  • Real Estate Taxes: 127734
  • Security Information: SecurityGate, GatedWithGuard, GatedCommunity, SecurityGuard
  • Parking Description: Assigned,Guest
  • Total Floors in Building: 2

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Price History

Current
$195K
High
$200K
Low
$195K
Total Change
-2.5%
$201K$198K$194KAug 26Sep 26
Date
Event
Price
Change
Price Per
09/22/2026
Price Reduced
$195K
-2.5%
$388 ft2
$4,181 m2
08/25/2026
Listed
$200K
 
$398 ft2
$4,288 m2
09/22/2026
$195K
Event
Price Reduced
Change
-2.5%
Price Per
$388 ft2
$4,181 m2
08/25/2026
$200K
Event
Listed
Price Per
$398 ft2
$4,288 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Olivia Prosser • Zarden Realty • Buyer Agency Compensation .

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