Condominium for sale

$195,000

286 Cypress Point DrivePalm Beach Gardens, FL 33418

  • 1 Beds
  • 1 Baths
  • 502 Sq ft
  • 1982 Built

About this home

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 7.93% 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 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.

Details

MLS #
B26068272
Property type
Condominium
Status
Active
Days on market
59
Neighborhood
CYPRESS POINT CONDO,Cypress Point Condo
County
Palm Beach County
HOA / association fee
$969 quarterly
Property taxes
$2,930 (2025)
Waterfront
Yes
Private pool
Yes
View
Water, Pond View, Pond
Cooling
Central Individual A/C
Interior features
No Interior Features
Exterior features
Exterior Cat Walk, Balcony, Open Balcony
Appliances
Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven

Location

Estimated payment

$1,230/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Zarden Realty · Olivia Prosser. Listing last updated October 23, 2026 4:42 PM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 24, 2026 1:41 PM.

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Call or text Edward Ferenczi at 786-556-6446

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