Modern Living Group
PGA National Palm Beach Gardens Residence
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$195,000ACTIVE

286 Cypress Point Drive, Palm Beach Gardens, FL 33418

1beds1baths502sq ft$388/ sq ft
THE RESIDENCE

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.

THE DETAILS

Property details

List Price$195,000
Price / Sq Ft$388
Bedrooms1
Bathrooms1
Inside Sq Ft502
HOA Fee$970/mo
Floor2
Year Built1982
PetsAllowed (max 25 lbs, max 2 pets)
Days on Market45
Property TypeCondominium
MLS #B26068272
StatusActive
Original List Price$200,000
Stories2
WaterfrontYes
Waterfront FeaturesPond
Show all details (12 more)
ViewPond,Water
Parking1
Direction FacesSoutheast
Annual Taxes (2025)$2,930
Elementary SchoolTimber Trace
Middle SchoolWatson B. Duncan
High SchoolPalm Beach Gardens
FlooringWood
CityPalm Beach Gardens
Zip Code33418
HOA IncludesCommonAreas,Insurance,MaintenanceGrounds,Pools,Sewer,Trash,Water
Building AmenitiesCarWashArea,GolfCourse,Gated,Laundry,Maintenance,PicnicArea,Playground,Pickleball,Park,Pool,SportsFields,SpaHotTub,Security,Sidewalks,TennisCourts,Trails
LOCATION

Where you'll live

PGA National Palm Beach Gardens

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Tyler Melik
FEATURED AGENT
Tyler Melik
Real Estate Specialist

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