286 Cypress Point Drive, Palm Beach Gardens, FL 33418

Local realty services provided by:CENTURY 21 Move With Us
286 Cypress Point Drive,Palm Beach Gardens, FL 33418
$195,000
  • 1 Beds
  • 1 Baths
  • 502 sq. ft.
  • Condominium
  • Active
Listed by: olivia prosser
Office: zarden realty
MLS#:B26068272
Source:FL_RAMC

Price summary

  • Price:$195,000
  • Price per sq. ft.:$388.45

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...

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Home facts

  • Year built:1982
  • Subdivision & Development:CYPRESS POINT CONDO
  • Listing ID #:B26068272
  • Added:52 day(s) ago
  • Updated:October 24, 2026 at 01:45 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Flooring:Wood
  • Dining Description:Breakfast Bar, Kitchen/Dining Combo
  • Bathrooms Description:Tub Shower
  • Kitchen Description:Built-In Oven, Cooktop, Dishwasher, Disposal, Freezer, Ice Maker, Kitchen/Dining Combo, Microwave, Refrigerator
  • Living area:502 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Central Individual
  • Central air:Yes

Structure and exterior

  • Roof:Concrete, Tile
  • Year built:1982
  • Building area:502 sq. ft.
  • Architectural Style:Florida
  • Construction Materials:Block, Concrete, Frame
  • Exterior Features:Balcony, Open, Storm/Security Shutters
  • Levels:1 Story

Schools

  • High school:Palm Beach Gardens
  • Middle school:Watson B. Duncan
  • Elementary school:Timber Trace

Utilities

  • Water:Public Water, Water Connected

Finances and disclosures

  • Price:$195,000
  • Price per sq. ft.:$388.45
  • Tax amount:$2,930 (2025)

Features and amenities

  • Appliances:Built-In Oven, Cooktop, Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Refrigerator
  • Pool features:Community

Parking

  • Parking description:Assigned, Guest
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.