271 Cypress Point Drive, Palm Beach Gardens FL 33418

Discover a fully renovated, unfurnished one-bedroom, one-bathroom condominium at 271 Cypress Point Drive, Palm Beach Gardens FL 33418, located in Cypress Point Condo at PGA National. Built in 1982, this 502-square-foot residence offers tranquil pond views and direct pond frontage, along with a private open balcony and exterior catwalk access.
The home is currently rented annually for $2,000 per month and offered at an attractive 7.76% cap rate, creating immediate income potential for investors. It may be purchased individually or together with two additional identical condos, offering the opportunity to build a three-unit investment portfolio. Please see the investment summary in the documents for more details.
Features include central individual air conditioning for cooling and heating, custom mirrors, a utility room and laundry area, plus a fully equipped kitchen with dishwasher, disposal, dryer, ice maker, microwave, refrigerator, self-cleaning oven, wall oven, and washer. Assigned and guest parking are available, with no boats or RVs permitted.
Cypress Point offers a gated, maintained community with guard access, private security, patrols, sidewalks, a pool, tennis courts, laundry facilities, and a golf course setting. Pets are allowed, subject to buyer approval. The mandatory HOA fee is $969 quarterly. Nearby schools include Timber Trace Elementary, Watson B. Duncan Middle, and Palm Beach Gardens High School.
Enjoy South Florida’s sunny weather, beautiful beaches, vibrant entertainment, excellent dining, and convenient infrastructure, with Miami’s attractions within reach.
For details or to schedule a showing, call or WhatsApp +1 786.468.4380.