286 Cypress Point Drive, Palm Beach Gardens FL 33418
Palm Beach Gardens, Palm Beach County
1-Bed Condominium at CYPRESS POINT CONDO,Cypress Point Condo in Palm Beach Gardens
$200,000
Listing courtesy of Zarden Realty; Olivia Prosser. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
1
1
502
Condominium, Residential
Details
Overview
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.
This condominium home located at 286 Cypress Point Drive, Palm Beach Gardens FL 33418 is currently for sale and has been available on Brickellsold for 10 days. This property is listed at $200K. It has 1 beds, 1 bathrooms, and is 502 square feet. It was built in 1982. 286 Cypress Point Drive, Palm Beach Gardens FL 33418 is in Palm Beach Gardens county Palm Beach County.
Interior
- Flooring: Wood
- Common walls with other units/homes: One Story
Property
- Parking Features: Assigned,Guest,No Boats,No Rv/Boats
- Entry location: No Interior Features
- Exterior Features: Exterior Cat Walk, Balcony, Open Balcony
- Has View: Yes
- View Description: Water, Pond View, Pond
Construction
- Year Built: 1982
Community & HOA
- Security Features: Gated with Guard
- Subdivision: CYPRESS POINT CONDO,Cypress Point Condo
- Has HOA: Yes
- Amenities: Bike/Jog Path, Gated, Laundry, Community Pool, Golf Course, Golf Course Com, Guard At Gate, Laundry Facility, Maintained Community, Other Membership Available, Pool, Private Pool, Security Patrol, Vehicle Wash Area
- HOA Fees: $969/mo










