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151 Cypress Point Drive, Palm Beach Gardens FL 33418

Condo/Co-op For Sale
$195,000

BTC: 2.30441976

ETH: 73.58490566

New
Waterfront
1 bds
1 ba
502 sqft

Overview

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

Details

Type:
Residential
Parking:
Assigned / Guest / No Boats / No Rv/Boats
Year Built:
1982
Lot:
No Data
Heating:
Central Individual A/C / Electric
Price/sqft:
$388
Cooling:
Central Individual A/C / Electric
HOA:
$969

Valuation

Our model vs. what's actually selling nearby.
Estimate
$195,000
$156K – $225K
Confidence Low
List vs. estimate
At estimate
List $195,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$388
+23.9% vs. city median $313
Based on
30 MLS comparables
+ 29 public-records sales within 0.5 mi
Median actual sale: $535K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,979
2025
HOA
$969/qtr
Pool
Community
View
Water, Pond View
Waterfront
Pond
Parking
1 spaces
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central Individual A/C

    • Electric

    Cooling

    • Central Individual A/C

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Guest

    • No Boats

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 52424215030001510

    • Zoning: PCD (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $969

    • HOA Frequency: Quarterly

    • Annual tax amount: $3,979

  • Source details

    • MLS ID: B26084588

    Other facts

    • Construction Materials: CBS Construction / Frame / Frame With Stucco

    • Laundry Features: Common Area

    • Lot Features: Treed Lot

    • Pool Features: Community

    • Direction Faces: East

    • Other Structures: Livable

    • Waterfront: Yes

    • Living Area: 502

    • Water Source: Public

    • Subdivision Name: CYPRESS POINT CONDO,PGA National

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Zarden Realty