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271 Cypress Point Drive, 
Palm Beach Gardens, FL 33418

$200,000

1

Bed

1

Bath

502

Sq Ft

Condo

Virtual Tour

Active

Listed by

Olivia Prosser

Zarden Realty

Last updated:

August 28, 2026, 06:55 PM

MLS#

B26068273

Source:

RMLS

About This Home

271 Cypress Point Drive

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 7.76% 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 B26068272 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.

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1982

Subdivision & Development:

CYPRESS POINT CONDO

Price Summary

200,000

$398 per Sq. Ft.

MLS #:

B26068273

Last Updated:

August 28, 2026, 06:55 PM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

502 Sq. Ft.

Structure

Structure

Building Area:

502 Sq. Ft.

Year Built:

1982

Finances & Disclosures

Finances

Price:

$200,000

Price per Sq. Ft:

$398 per Sq. Ft.

Source:RMLS
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.