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REMAX SELECT

web@goselectgroup.com +1(908) 233-9292

Listed by Olivia Prosser • Zarden Realty

$ 185,000

Est. payment -/mo

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Price Dropped by $10K

151 Cypress Point DR Palm Beach Gardens, FL 33418

1 Bed

1 Bath

502 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 502 sqft

Price per Sqft $368

Subdivision Cypress Point Condo

MLS Listing ID B26084588

Style Florida

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $410

Year Built 1982

Annual Tax Amount $3,979

Tax Year 2025

Property Sub-Type Condominium

Property Description

Fully furnished and updated 1 bedroom, 1 bath condo in Cypress Point at PGA National! The unit is currently leased on an annual basis at $2,100/month, providing immediate rental income! Offered at an attractive 7.30% 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 B26068273 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.

Location

State FL

County Palm Beach

Community Basketball Court, Golf, Gated, Playground, Park, Pickleball, Pool, Street Lights, Sports Field, Sidewalks, Tennis Court(S)

Area 5360 Palm Beach Gardens - W Of Turnpike

Direction Head West on PGA Blvd. Make a left into PGA National. Turn left on Avenue of the Masters. Turn left onto Cypress Point Drive.

Interior

Interior Features Breakfast Bar, Eat-in Kitchen, Kitchen/ Dining Combo, Living/ Dining Room, Tub Shower

Heating Central, Electric, Individual

Cooling Central Air, Electric

Flooring Vinyl

Furnishings Furnished

Fireplace No

Appliance Built-In Oven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Washer Dryer Allowed, Washer

Exterior

Exterior Feature Balcony

Parking Features Assigned, Guest

Pool Community

Community Features Basketball Court, Golf, Gated, Playground, Park, Pickleball, Pool, Street Lights, Sports Field, Sidewalks, Tennis Court(s)

Utilities Available Cable Available, Water Connected

Waterfront Description Pond

View Y/N Yes

Water Access Desc Public

View Pond

Porch Balcony, Covered

Private Pool No

Building

Faces East

Story 1

Water Public

Architectural Style Florida

Construction Status Resale

Schools

Elementary Schools Timber Trace

Middle Schools Watson B. Duncan

High Schools Palm Beach Gardens

Others

Pets Allowed Size Limit, Yes

Senior Community No

Tax ID 52424215030001510

Security Features Gated with Guard

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Pets Allowed Size Limit, Yes

Virtual Tour https://www.propertypanorama.com/151-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418/unbranded

Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

REMAX SELECT

Broker of Record License ID: 1328684

+1(908) 233-9292

REMAX SELECT

151 Cypress Point DR Palm Beach Gardens, FL 33418

Key Details

Location

Interior

Exterior

Building

Schools

Others

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151 Cypress Point DR