Condo in 151 Cypress Point Drive, Palm Beach Gardens, FL 33418 for sale with MLS# B26084588
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.
151 Cypress Point Drive, Palm Beach Gardens, FL 33418
Price
- Price:
- $195,000.00
- Original List Price:
- $195,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $388.44
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 5, 2026 9:57 pm
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- Combo Tub/shower
- Dining Area:
- Snack Bar/counter, Eat-in Kitchen, Dining/Living Room
Measures
- Living Area:
- 502 Sqft
- Built-Up Area:
- 502 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Features:
- Many Trees
Property Features
- View from the Property:
- Water, Pond
- Waterfront:
- Yes
- Waterfront Features:
- Pond
- Security:
- Gated With Guard
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Cooktop, Freezer, Oven, Electric Cooktop
- Interior:
- Other
- Exterior:
- Balcony
- Other Structures:
- Gazebo
- Laundry:
- Laundry Room, Laundry Closet, Multiple Locations, In Unit
- Air Conditioning
- Air Conditioning System:
- Electric, Central Individual
- Heating
- Heating System:
- Electric, Central Individual
- Property Entrance Faces:
- East
- Balcony Details:
- Balcony - Covered
Construction
- Year Built:
- 1982
- Roof:
- Shingle
- Architectural Style:
- Key West
- Levels:
- Two
- Construction Materials:
- Frame, CBS
- Flooring:
- Vinyl
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Stories:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $3,979.17
- Tax Year:
- 2025
- Tax Assessed Value:
- $165,000.00
- Association Fee:
- $969.63
- Association Fee Frequency:
- Quarterly
- Association Fee 2nd HOA:
- $1,036.00
- Association Fee 2nd HOA Frequency:
- Annually
- Property Tax Details:
- No Homestead
Parking
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
Community
- Association
- Master Association
- Membership Details:
- No Membership Available, Golf Equity Available, Social Membership Available, Other Membership Available, Tennis Membership Available
- Association Membership:
- Voluntary
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval, Other Approvals, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes, There is a limit on the number of pets allowed
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Laundry, Recreation facilities, Playground, Security, Recreation Facilities, Picnic Area, Tennis Court(s), Trail(s), Basketball Court, Golf Course, Gated, Pickleball Court(s), Park, Sidewalks, Car Wash area, Jogging Path, Street Lights, Baseball/softball Field, Maintained Community
- Building Name:
- 8
- Subdivision Name:
- CYPRESS POINT CONDO
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Common Areas, Insurance, Pool Service, Recreation Facility
- Association Name:
- Cypress Point Condo
- Association Name 2:
- PGA National
- Senior Community:
- No
- Development Name:
- PGA National
- Association Phone:
- 561-679-4800
- Restrictions:
- Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Parking - No Trailer
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Subject To Tenant Rights
Zoning and Legal
- Tax Legal Description:
- CYPRESS POINT UNIT 151
- Real Estate Folio Number (Parcel Number):
- 52424215030001510
- Zoning:
- PCD (city)
Public Schools Assigned
- Elementary School:
- Frontier
- High School:
- Palm Beach Gardens
- Middle Or Junior School:
- Watson B. Duncan
Listing History
- Active on the market since:
- October 5, 2026
- Listing Agreement executed on:
- October 5, 2026
- Listing Status Last Changed On:
- October 5, 2026 9:57 pm
- Photos updated on:
- October 10, 2026 7:57 pm
- Last Modified:
- October 10, 2026 7:58 pm
Additional Information
- Courtesy of:
- Zarden Realty
- Attribution:
- Not provided
Location
- Floor Number:
- 1
- Street Name:
- Cypress Point
- Street Number:
- 151
- City:
- Palm Beach Gardens
- State:
- Florida
- Zip Code:
- 33418
- County:
- Palm Beach
- Latitude:
- N26° 48' 49.4''
- Longitude:
- W81° 51' 58.5''
- Street Suffix:
- Drive
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$123,405
Median Home Value
$608,500
Median Rent
$2,304/mo
Median Age
51
Population
42,979
Ver la propiedad 151 Cypress Point Drive, Palm Beach Gardens, FL 33418
