Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

271 Cypress Point Drive, Palm Beach Gardens FL 33418

Condo/Co-op For Sale
$195,000

BTC: 2.37804878

ETH: 80.18092105

-$5K (2026/09/23)
50 days
Waterfront
1 bds
1 ba
502 sqft

Overview

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 7.94% 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 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 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
Price/sqft:
$388
Cooling:
Central Individual A/C
HOA:
$969

Valuation

Our model vs. what's actually selling nearby.
Estimate
$195,000
$149K – $277K
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
+23.7% vs. city median $313
Based on
7 MLS comparables
+ 27 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
$2,930
2025
HOA
$969/qtr
Pool
Community
View
Water, Pond View
Waterfront
Pond
Parking
1 spaces
Pets
Allowed
All facts and features
  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Custom Mirrors

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Guest

    • No Boats

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Exterior Cat Walk / Balcony / Open Balcony

    Other Property Information

    • Parcel Number: 52424215030002710

    • Zoning: PCD (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Connected

    • Cable Available

    • Electricity Available

    • Phone Available

  • Other financial information

    • HOA: $969

    • HOA Frequency: Quarterly

    • Annual tax amount: $2,930

  • Source details

    • MLS ID: B26068273

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Laundry Features: Laundry Room / Utility Room/Laundry / Common Area

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

    • Direction Faces: Southeast

    • 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.

More like this

For Sale
$195,000
Condo/Co-op
1 bds · 1 ba · 502 sqft
CYPRESS POINT CONDO,PGA National, Palm Beach Gardens
151 Cypress Point Drive, Palm Beach Gardens FL 33418
-$5K
For Sale
$195,000
Condo/Co-op
1 bds · 1 ba · 502 sqft
CYPRESS POINT CONDO,Cypress Point Condo, Palm Beach Gardens
286 Cypress Point Drive, Palm Beach Gardens FL 33418
-$10K
For Sale
$184,900
Condo/Co-op
2 bds · 2 ba · 1,162 sqft
TAMBERLANE 4 CONDO,Tamberlane Condo, Palm Beach Gardens
5570 Tamberlane Circle # 331, Palm Beach Gardens FL 33418
For Sale
$185,000
Condo/Co-op
2 bds · 2 ba · 1,162 sqft
TAMBERLANE 4 CONDO,Tamberlane, Palm Beach Gardens
5570 Tamberlane Circle # 130, Palm Beach Gardens FL 33418
For Sale
$205,000
Condo/Co-op
2 bds · 2 ba · 959 sqft
TAMBERLANE 2 CONDO, Palm Beach Gardens
5510 Tamberlane Circle # 242, Palm Beach Gardens FL 33418
-$19K
For Sale
$190,000
Condo/Co-op
2 bds · 2 ba · 959 sqft
TAMBERLANE 6 CONDO,Tamberlane, Palm Beach Gardens
5540 Tamberlane Circle # 121, Palm Beach Gardens FL 33418
-$40K
For Sale
$159,000
Condo/Co-op
2 bds · 2 ba · 1,162 sqft
TAMBERLANE 4 CONDO,Tamberlane No 4, Palm Beach Gardens
5570 Tamberlane Circle # 131, Palm Beach Gardens FL 33418
-$35K
For Sale
$190,000
Condo/Co-op
1 bds · 1 ba · 502 sqft
Cypress Point at PGA Natio,PGA National, Palm Beach Gardens
170 Cypress Point Drive, Palm Beach Gardens FL 33418

Market around this address

Live counts in the same area.
View all

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