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Denise LeBron

old-1782289212295-denise@lebron-realtor.com +1(719) 323-8253

$ 195,000

Est. payment -/mo

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151 Cypress Point DR Palm Beach Gardens, FL 33418

1 Bed

1 Bath

502 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 502 sqft

Price per Sqft $388

Subdivision Cypress Point Condo

MLS Listing ID B26084588

Style Florida

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $969/qua

HOA Y/N Yes

Total Fin. Sqft 502

Year Built 1982

Annual Tax Amount $3,979

Tax Year 2025

Property Sub-Type Condominium

Property Description

Fully furnished and updated 1 bedroom, 1 bath condo in Cypress Point at PGA National! The unit is currently leased on an annual basis at $2,100/month, providing immediate rental income! Offered at an attractive 7.30% 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 B26068273 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.

Location

State FL

County Palm Beach

Community Gated, Street Lights

Area 5360

Zoning PCD (city)

Direction East

Rooms

Other Rooms Gazebo

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Eat-in Kitchen, Living/Dining Room, Other, Tub Shower

Heating Central, Electric, Individual

Cooling Central Air, Electric

Flooring Vinyl

Furnishings Furnished

Fireplace No

Appliance Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, Washer

Laundry Laundry Closet, Laundry Room, In Unit, Multiple Locations, Washer Dryer Install Allowed

Exterior

Exterior Feature Balcony, Outdoor Living Area

Parking Features Assigned, Guest

Pool Association

Community Features Gated, Street Lights

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Basketball Court, Car Wash Area, Golf Course, Gated, Laundry, Maintenance, Picnic Area, Playground, Pickleball, Park, Pool, Sports Fields, Security, Sidewalks, Tennis Court(s), Trail(s)

Waterfront Description Pond

View Y/N Yes

Water Access Desc Public

View Pond, Water

Roof Type Shingle

Accessibility None

Porch Covered, Balcony

Total Parking Spaces 1

Garage No

Private Pool No

Building

Lot Description Many Trees

Dwelling Type Multi Family

Faces East

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Florida

Level or Stories One

Additional Building Gazebo

Unit Floor 1

Structure Type CBSConcreteBlockStructure,Block,Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools Timber Trace

Middle Schools Watson B. Duncan

High Schools Palm Beach Gardens

Others

Pets Allowed Yes

HOA Name Cypress Point Condo

HOA Fee Include Common Areas,Insurance,Maintenance Grounds,Maintenance Structure,Pool(s),Recreation Facilities,Sewer,Trash,Water

Senior Community No

Restrictions No Boats,No Commercial Vehicles,No RV,No Trailer Parking,Okay to Lease 1st Year,OK To Lease,Rental Restriction,Short Term Rentals Allowed

Tax ID 52424215030001510

Security Features Gated with Guard,Gated Community

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition Standard

Pets Allowed Number Limit, Size Limit, Yes

Virtual Tour https://www.propertypanorama.com/151-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418/unbranded

Listed by Olivia Prosser Zarden Realty

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