Premier Brokers International
271 Cypress Point Drive, Palm Beach Gardens, FL 33418
Price reducedBeachesMLS
Price reducedMLS® B26068273
$195,000

↓ Price reduced $5,000 on Sep 22, 2026

271 Cypress Point Drive, Palm Beach Gardens, FL 33418

Beds
1
Baths
1
Sqft
502
Est. payment$1,764/mo
Home type
Condominium
Year built
1982
Lot size
0 sqft
Price / sqft
$388
HOA
$410/mo
Community
CYPRESS POINT CONDO

Property description

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. 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.

Listing activity

Days on market
33
Listed
Aug 25, 2026
MLS listing updated
Sep 27, 2026
Feed last checked
6 minutes ago

Listed by Olivia Prosser · Zarden Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0
Main-level bedrooms
1
Main-level bathrooms
1

Rooms & features

Rooms
4
Interior features
Custom Mirrors
Flooring
Laminate
Appliances
Freezer, Electric Cooktop, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Refrigerator, Washer
Laundry
Laundry Closet
Fireplace
No
Furnished
Unfurnished

Heating & cooling

Heating
Central Individual
Cooling
Central Individual
Property

Parking

Garage
No
Carport
No
Parking spaces
1
Covered spaces
0
Parking features
Assigned, Guest
Attached garage
No

Exterior

Stories
2
Building area
502 sqft
Exterior features
Balcony
Other structures
Gazebo
Pool
No
View
Pond, Water
Waterfront
Pond
Waterfront property
Yes

Lot

Lot size
0 sqft
Lot size (acres)
0 acres
Zoning
PCD (city)
Construction

Type & style

Home type
Condominium
Structure type
Multi Family
Architectural style
Key West
Year built
1982
New construction
No

Materials

Construction
CBS, Stucco
Roof
Concrete, Tile
Property condition
Resale
Faces
Southeast
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Phone Available
Community & HOA

Community

Subdivision
CYPRESS POINT CONDO
MLS area
5360
MLS subarea
PB27
Security
Gated with Guard, Security Gate, Security Guard, Security Patrol
Pets allowed
Pet Restrictions Possible, Number Limit, Size Limit, Yes
55+ community
No

Association

Has association
Yes
Association fee
$969.63 quarterly
Estimated monthly dues
$410
Amenities
Gated, Pool, Baseball/Softball Field, Basketball Court, Car Wash Area, Golf Course, Jogging Path, Laundry, Maintained Community, Park, Parking, Playground, Sidewalks, Tennis Court(s), Trail(s)
Services included
Common Areas, Maintenance Grounds, Sewer, Water
Association name
CYPRESS POINT CONDO
Association phone
561-679-4800
Lease details

Not reported by the listing source.

Location

Area details

City
Palm Beach Gardens
County
Palm Beach
ZIP code
33418
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26068273
Possession
Subject To Tenant Rights, Other
Original list price
$200,000
Parcel number
52424215030002710
Annual property tax
$2,930
Tax year
2025
Assessed value
$127,734
Tax legal description
CYPRESS POINT UNIT 271
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association Amenities
Gated, Pool, Baseball/Softball Field, Basketball Court, Car Wash Area, Golf Course, Jogging Path, Laundry, Maintained Community, Park, Parking, Playground, Sidewalks, Tennis Court(s), Trail(s)
Association Fee Frequency
Quarterly
Association Fee Includes
Common Areas, Maintenance Grounds, Sewer, Water
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
502
Construction Materials
CBS, Stucco
County Or Parish
Palm Beach
Days On Market
33
Direction Faces
Southeast
Elementary School
Timber Trace
High School
Palm Beach Gardens
Laundry Features
Laundry Closet
List Price
195000
Listing Contract Date
2026-08-25
Living Area
502
Lot Size Acres
0
Lot Size Area
0
MLSArea Major
5360
MLSArea Minor
PB27
Main Level Bathrooms
1
Main Level Bedrooms
1
Middle Or Junior School
Watson B. Duncan
Mls Status
Active
On Market Date
2026-08-25
Parking Total
1
Photos Count
47
Postal Code
33418
Price Change Timestamp
2026-09-22T20:20:38Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
4
Security Features
Gated with Guard, Security Gate, Security Guard, Security Patrol
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-25T17:05:18Z
Stories Total
2
Subdivision Name
CYPRESS POINT CONDO
Tax Assessed Value
127734
Water Source
Public
Waterfront Features
Pond
Tax Annual Amount
2930
Bathrooms Full
1
Pool Private
No
Bedrooms Total
1
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
410

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 25, 2026ListedBeachesMLS$200,000$398/sqft
Sep 22, 2026Price reducedBeachesMLS$195,000$388/sqft

Public tax history

YearProperty taxesAssessment
2025$2,930$127,734

Payment calculator

Estimated monthly payment$1,764/moIllustrative estimate, not a loan offer.
Principal & interest
$1,012
Property taxes
$244
Insurance
$98
Association dues
$410

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CYPRESS POINT CONDO

Palm Beach Gardens · Palm Beach County · 33418

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Timber TraceElementary
—
Watson B. DuncanMiddle
—
Palm Beach GardensHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Zarden Realty. 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 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.