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.
Property Details
- Interior
- Custom Mirrors, Utility Room/Laundry
- Cooling
- 1
- Heating
- Central Individual A/C
- Cooling Features
- Central Individual A/C
- Bedrooms
- 1
- Bathrooms
- 1.0
- Full Baths
- 1
- View
- Water,Pond View,Pond
- Stories
- 2
- Pool
- 1
- Pool Description
- Community
- Pool Features
- Community
- Exterior Features
- Exterior Cat Walk, Balcony, Open Balcony
- Exterior Materials
- Exterior Cat Walk, Balcony, Open Balcony
- Pool Shared
- 1
- Square Feet
- 502
- Parking Features
- Assigned, Guest, No Boats, No Rv/Boats
- Parking Spaces
- 1
- Property Type
- Purchase
- Year Built
- 1982
- Roof
- Tile, Concrete, Tile Roof
- Sewer Information
- Public Sewer, Public Sanitation, Sewer
- Utility Source
- Public
- Utility Features
- Cable Connected, Electricity Connected, Phone Connected, Cable Available, Electricity Available, Phone Available
- Appliances
- Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
- Subdivision
- CYPRESS POINT CONDO,PGA NATIONAL
- Community Features
- Tennis, Buyer Approval Required, Gated, Golf Course Community, Laundry Facilities, Maintained Community, Mandatory Hoa, Other Me
- Elementary School
- Timber Trace
- Middle School
- Watson B. Duncan
- High School
- Palm Beach Gardens
- County
- Palm Beach County
- Region
- Palm Beach Gardens
- Zoning
- PCD (city)
- Original List Price
- $200,000
- Taxes Annual
- $2,930
- HOA
- 1
- HOA Fees
- 969
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: Sep 3, 2026 5:54 PM. Source: MAOR
Provided By
Listed by Olivia Prosser (#FLL276820443), Email: oliviaprealtor@gmail.com
Listing Office: Zarden Realty (#FLL276760654)
