$195,000
Palm Beach Gardens, FL 33418
MLS# B26084588
1 beds | 1 baths | 502 sqft
1 / 29
Property Description
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!
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-10-05
Status: Active
Original List Price: 195000
List Price: $195,000
Current Price: $195,000
Listing Service: Limited Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 52
Development Name: PGA National
Geographic Area: PB27
Subdivision Number: 3
Special Assessment YN: No
Flood Zone: X
Building Name: 8
Country: United States
Street Number: 151
Street Name: Cypress Point
Street Suffix: Drive
State Or Province: FL
Postal Code: 33418
Postal Code +4: 7135
Subdivision Name: CYPRESS POINT CONDO
Area: 5360
Elementary School: Timber Trace
Middle Or Junior School: Watson B. Duncan
High School: Palm Beach Gardens
Parcel Number: 52424215030001510
Zoning: PCD (city)
Directions: Head West on PGA Blvd. Make a left into PGA National. Turn left on Avenue of the Masters. Turn left onto Cypress Point Drive.
General Property Information
Unit Floor #: 1
Adjusted Area Main: 502
Living Area Main: 502
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: Yes
Lot Size Area: 0
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 2
Stories: 1
Fireplace YN: No
Pool Private YN: No
Washer/Dryer Allowed YN: Yes
LP/Assessed Value: 1.18
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 502
Building Area Source: Public Records
Year Built: 1982
Parking Total: 1
Waterfront YN: 1
Direction Faces: East
Financial Information
Association Deposit YN: No
Application Required YN: Yes
Association Membership: Voluntary
Association Reserves YN: Yes
Association Name: Cypress Point Condo
Association Phone: 561-679-4800
Association Email: Cypresspointcoa@reef-ps.com
Master Association YN: Yes
Master Association Fee: 1036
Master Association Fee Frequency: Annually
Master Association Name: PGA National
Master Association Phone: 561-627-2800
Master Association Email: Leaannr@langmanagement.com
Master Association Website: https://pga-poa.com/
Estimated Monthly Assoc Recurring Fee: 410
Membership Fee Required YN: No
Tax Assessed/SOH Value: 165000
Assessor Market Value: 165000
Association YN: 1
Association Fee: 969.63
Association Fee Frequency: Quarterly
Tax Annual Amount: 3979.17
Tax Year: 2025
Tax Legal Description: CYPRESS POINT UNIT 151
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Association Approval Required: 1
Other Approvals: 1
Amenities
Baseball/Softball Field: 1
Basketball Court: 1
Car Wash Area: 1
Golf Course: 1
Jogging Path: 1
Laundry: 1
Maintained Community: 1
Park: 1
Pickleball Court(s): 1
Picnic Area: 1
Playground: 1
Pool: 1
Sidewalks: 1
Street Lights: 1
Tennis Court(s): 1
Trail(s): 1
Association Amenities
Gated: 1
Recreation Facilities: 1
Security: 1
Association Fee Includes
Common Areas: 1
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Pool Service: 1
Recreation Facility: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Eat-In Kitchen: 1
Snack Bar/Counter: 1
Flooring
Vinyl: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Short Term Rentals Allowed: 1
Parking Features
Assigned: 1
Guest: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Structure Type
Multi Family: 1
Other Structures
Gazebo: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
View
Water: 1
Heating
Central Individual: 1
Electric: 1
Water View
Pond: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Cooktop: 1
Freezer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Cooktop: 1
Construction Materials
CBS: 1
Frame: 1
Interior Features
Other: 1
Laundry Features
In Unit: 1
Laundry Closet: 1
Laundry Room: 1
Multiple Locations: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Many Trees: 1
Roof
Shingle: 1
Security Features
Gated with Guard: 1
Water Source
Public: 1
Waterfront Features
Pond: 1
Architectural Style
Key West: 1
Capital Contributions
Capital Contributions YN: No
Cooling
Central Individual: 1
Electric: 1
Association Type
Condominium: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Membership
Golf Equity Available: 1
No Membership Available: 1
Other Membership Available: 1
Social Membership Available: 1
Tennis Membership Available: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Number Limit: 1
Size Limit: 1
Pet Details
Maximum Number Of Pets: 2
Pet Fee YN: No
Total Weight Limit (Pets): 25
Restrictions
Lease Restrictions: 1
Parking - No Boat: 1
Parking - No Commercial Vehicles: 1
Parking - No RV: 1
Parking - No Trailer: 1
Tax Information
No Homestead: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Covered: 1
Room Types
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Price Calculations
Current Price To SqFt: 388.44
Status Change Information
Major Change Timestamp: 2026-10-05T21:57:12Z
Major Change Type: New Listing
Status Change Date: 2026-10-05
Originating Details
Originating System Key: 20261005170540295979000000
Originating System ID: M00000170
Property Features
Application Information: 3-4 Weeks Approval; Association Approval Required; Other Approvals
Association Amenities: Gated; Recreation Facilities; Security
Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Trash; Water
Dining Area: Dining/Living Room; Eat-In Kitchen; Snack Bar/Counter
Flooring: Vinyl
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed
Parking Features: Assigned; Guest
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Freezer; Microwave; Oven; Refrigerator; Washer; Cooktop
Architectural Style: Key West
Construction Materials: CBS; Frame
Cooling: Central Individual; Electric
Association Type: Condominium
Heating: Central Individual; Electric
Interior Features: Other
Laundry Features: In Unit; Laundry Closet; Laundry Room; Multiple Locations
Listing Terms: Cash; Conventional
Lot Features: Many Trees
Membership: Golf Equity Available; No Membership Available; Other Membership Available; Social Membership Available; Tennis Membership Available
Other Structures: Gazebo
Pets Allowed YN: Yes
Pets Allowed: Number Limit; Size Limit
Possession: Subject To Tenant Rights
Restrictions: Lease Restrictions; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV; Parking - No Trailer
Roof: Shingle
Security Features: Gated with Guard
Sewer: Public Sewer
Structure Type: Multi Family
Tax Information: No Homestead
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
View: Water
Water Source: Public
Water View: Pond
Waterfront Features: Pond
Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Covered
Room Types: Kitchen; Living Room; Master Bedroom
Supplements
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.
Room Information
| Room Name | Length | Width |
| Kitchen | 10.00 | 8.00 |
| Living Room | 14.00 | 13.00 |
| Master Bedroom | 10.00 | 10.00 |
Listing Office: Zarden Realty
Last Updated: October - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
