


↓ Price reduced $5,000 on Sep 22, 2026
271 Cypress Point Drive, Palm Beach Gardens, FL 33418
- Beds
- 1
- Baths
- 1
- Sqft
- 502
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Aug 25, 2026 | ListedBeachesMLS | $200,000$398/sqft |
| Sep 22, 2026 | Price reducedBeachesMLS | $195,000$388/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $2,930 | $127,734 |
Payment calculator
- 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 CONDOPalm Beach Gardens · Palm Beach County · 33418
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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Property photos coming from MLS




Property photos coming from MLS




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