271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Listing Remarks — 271 Cypress Point Drive, Palm Beach Gardens, FL 33418

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.

Inside the Residence: 271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Custom Mirrors, Utility Room/Laundry

Appliances

Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer

Heating

Central Individual A/C

Cooling

Central Individual A/C

Furnished

Unfurnished

Parking Features

Assigned, Guest, No Boats, No Rv/Boats

Pool Features

Community

Pool Private

Yes

Year Built Details

Resale

Direction Faces

Southeast

Building & Association Facts — 271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Building Area Total

502

Building Area Units

Square Feet

Stories

2

Stories Total

2

Entry Level

2

Association

Yes

Association Fee

$969

Association Fee Frequency

Quarterly

Association Amenities

Basketball Court, 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, Tennis Court(s), Vehicle Wash Area

Pets Allowed

Yes

Security Features

Complex Fenced, Gated with Guard, Guard At Site, Private Guards, Security Gate, Security Guard, Security Patrol

Site, Views & Construction — 271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Lot Size Square Feet

0

Waterfront

Yes

Waterfront Features

Pond

View

Water, Pond View, Pond

Construction Materials

CBS Construction, Stucco

Roof

Tile, Concrete, Tile Roof

Exterior Features

Exterior Cat Walk, Balcony, Open Balcony

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Tax & Parcel Record — 271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Parcel Number

52424215030002710

Tax Annual Amount

$2,930

Tax Year

2,025

Tax Legal Description

CYPRESS POINT UNIT 271

Zoning

PCD (city)

County Or Parish

Palm Beach County

Assigned Schools — 271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Elementary School

Timber Trace

Middle School

Watson B. Duncan

High School

Palm Beach Gardens

As reported by the listing agent; confirm with the school district before relying on it.

On the Map