About 151 Cypress Point Drive
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.
Features of 151 Cypress Point Drive
| MLS® # | B26084588 |
|---|---|
| Price | $195,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 502 |
| Year Built | 1982 |
| Type | Residential |
| Sub-Type | Condo/Co-Op |
| Style | Key West |
| Status | New |
Community Information
| Address | 151 Cypress Point Drive |
|---|---|
| Area | 5360 |
| Subdivision | CYPRESS POINT CONDO |
| City | Palm Beach Gardens |
| County | Palm Beach |
| State | FL |
| Zip Code | 33418 |
| HOPA | No Hopa |
Amenities
| Amenities | Basketball Court, Car Wash Area, Golf Course, Jogging Path, Laundry, Park, Picnic Area, Playground, Pool, Tennis Court(s), Trail(s), Baseball/Softball Field, Maintained Community, Pickleball Court(s), Sidewalks, Street Lights, Gated, Security, Recreation Facilities |
|---|---|
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| Parking | Assigned, Guest |
| View | Water, Pond |
| Is Waterfront | Yes |
| Waterfront | Pond Front |
| Has Pool | No |
| Subdivision | Basketball Court, Car Wash Area, Golf Course, Jogging Path, Laundry, Park, Picnic Area, Playground, Pool, Tennis Court(s), Trail(s), Baseball/Softball Field, Maintained Community, Pickleball Court(s), Sidewalks, Street Lights, Gated, Security, Recreation Facilities |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Cooktop, Dryer, Disposal, Dishwasher, Microwave, Oven, Refrigerator, Washer, Electric Cooktop, Freezer |
| Heating | Electric, Central Individual |
| Cooling | Electric, Central Individual |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Many Trees |
| Roof | Shingle |
| Construction | Frame, CBS |
School Information
| Elementary | Timber Trace |
|---|---|
| Middle | Watson B. Duncan |
| High | Palm Beach Gardens |
Additional Information
| Zoning | PCD (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 969.63 |
Listing Details
| Office | Zarden Realty |
|---|