About This Property
Residential in Palm Beach Gardens
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 $2,000 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new A/C system installed in 2026. Offered at an attractive 7.94% 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 B26084588 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 & Amenities
Property Highlights
Roof
- Concrete
- Tile
View
- Water
- Pond
Sewer
- Public Sewer
Cooling
- Central Individual
Heating
- Central Individual
Flooring
- Laminate
Amenities
- Baseball/Softball Field
- Basketball Court
- Car Wash Area
- Golf Course
- Jogging Path
- Laundry
- Maintained Community
- Park
- Parking
- Playground
- Pool
- Sidewalks
- Tennis Court(s)
- Trail(s)
Utilities
- Cable Available
- Electricity Available
- Phone Available
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Freezer
- Ice Maker
- Microwave
- Oven
- Refrigerator
- Washer
- Cooktop
Membership
- Other Membership Available
- Social Membership Available
- Tennis Membership Available
Possession
- Subject To Tenant Rights
- Other
Room Types
- Kitchen
- Laundry
- Living Room
- Master Bedroom
Water View
- Pond
Dining Area
- Snack BarCounter
WaterSource
- Public
Pets Allowed
- Pet Restrictions Possible
- Number Limit
- Size Limit
Restrictions
- Buyer Approval Required
- Other Restrictions
- Parking - No Boat
- Parking - No RV
- Parking - No Trailer
Water Source
- Public
Listing Terms
- Cash
- Conventional
Structure Type
- Multi Family
Balcony Details
- Balcony - Covered
- Balcony - Open
OtherStructures
- Gazebo
ParkingFeatures
- Assigned
- Guest
Pets Allowed YN
- Yes
Tax Information
- CityCounty
Association Type
- Homeowner Association
ExteriorFeatures
- Balcony
InteriorFeatures
- Custom Mirrors
Laundry Features
- Laundry Closet
Other Structures
- Gazebo
Parking Features
- Assigned
- Guest
SecurityFeatures
- Gated with Guard
- Security Gate
- Security Guard
- Security Patrol
Unit Description
- Exterior Catwalk
Interior Features
- Custom Mirrors
Security Features
- Gated with Guard
- Security Gate
- Security Guard
- Security Patrol
ArchitecturalStyle
- Key West
Master BedroomBath
- None
Property Condition
- Resale
WaterfrontFeatures
- Pond
Architectural Style
- Key West
Waterfront Features
- Pond
AssociationAmenities
- Gated
- Pool
- Baseball/Softball Field
- Basketball Court
- Car Wash Area
- Golf Course
- Jogging Path
- Laundry
- Maintained Community
- Park
- Parking
- Playground
- Sidewalks
- Tennis Court(s)
- Trail(s)
Showing Requirements
- Call Listing Agent
- Occupied
- Text Listing Agent
Association Amenities
- Gated
Outdoor Living Spaces
- Balcony
Construction Materials
- CBS
- Stucco
Application Information
- Association Approval Required
- Personal Interview Required
Association Fee Includes
- Common Areas
- Insurance
- Maintenance Grounds
- Maintenance Structure
- Pool Service
- Recreation Facility
- Sewer
- Trash
- Water
SpecialListingConditions
- Standard
Storm Protection Details
- None
Leasing Permitted Details
- Okay To Lease With Restrictions
- Short Term Rentals Allowed
Leasing
- Minimum lease: 30 days
- Leases per year: 12
- Tenant Approval
Special Listing Conditions
- Standard
Specifications
Property Details
Location