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Homes for sale in Palm Beach Gardens
Condominium

286 Cypress Point Drive

Palm Beach Gardens, FL 33418
$195,000
Beds
1
Baths
1
Sq ft
502
Year built
1982
Price per sq ft
$388

Listing courtesy of Olivia Prosser, Zarden Realty

About this home

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 $2,100 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new water heater. 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 #B26068273 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. 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
Style
One Story
Year built
1982
Stories
2
Subdivision
CYPRESS POINT CONDO,Cypress Point Condo
County
Palm Beach County
Faces
Southeast
View
Water, Pond View, Pond
Waterfront
Pond

Interior

Appliances
Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
Flooring
Wood
Cooling
Central Individual A/C
Heating
Central Individual A/C
Laundry
Common Area, Washer Hookup
Features
No Interior Features
Furnished
Unfurnished

Exterior and parking

Exterior
Exterior Cat Walk, Balcony, Open Balcony
Patio and porch
Open Balcony
Pool
Community
Parking
Assigned, Guest, No Boats, No Rv/Boats
Construction
CBS Construction, Slab Construction, Stucco
Roof
Tile, Concrete, Tile Roof

Community and fees

Association fee
$969 quarterly
Amenities
Bike/Jog Path, Gated, Laundry, Community Pool, Golf Course, Golf Course Com, Guard At Gate, Laundry Facility, Maintained Community, Other Membership Available, Pool, Private Pool, Security Patrol, Vehicle Wash Area
Maintenance includes
Laundry Facilities, Security, Sewer, Water
Security
Gated with Guard
Pets
Yes
Annual taxes
$2,930
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 September 27, 2026.