151 Cypress Point Drive

Palm Beach Gardens, FL 33418

$185,000

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Beds: 1
Baths: 1
Sq ft: 502
Year built: 1982
Price per sq ft: $369

Listing courtesy of Olivia Prosser, Zarden Realty

About this home

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.

Details

Property

Type: Condominium
Year built: 1982
Stories: 2
Subdivision: CYPRESS POINT CONDO,PGA National
County: Palm Beach County
Faces: East
View: Water, Pond View, Pond
Waterfront: Pond

Interior

Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
Flooring: Vinyl
Cooling: Central Individual A/C, Electric
Heating: Central Individual A/C, Electric
Laundry: Common Area
Furnished: Furnished,Furniture Only

Exterior and parking

Exterior: Balcony
Pool: Community
Parking: Assigned, Guest, No Boats, No Rv/Boats
Construction: CBS Construction, Frame, Frame With Stucco
Roof: Comp Shingle Roof, Shingle

Community and fees

Association fee: $969 quarterly
Amenities: Basketball Court, Bike/Jog Path, Barbecue, Gated, Laundry, Community Pool, Golf Equity Available, Golf Course, Golf Course Com, Guard At Gate, Laundry Facility, Maintained Community, Other Membership Available, Pool, Private Pool, Security Patrol, Tennis Court(s), Vehicle Wash Area
Maintenance includes: Maintenance Incl Common Area, Insurance, Laundry Facilities, Pool Service, Recreation Facilities, Security, Sewer, Trash Removal, Water
Security: Gated with Guard
Pets: Yes
Annual taxes: $3,979
Terms: All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 25, 2026.