Banke Ayanleke
Property Description
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 7.76% 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 B26068272 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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Individual
Heating: Central Individual
Home Style: Key West
Roof Type: Concrete, Tile
Stories: 1.0
Taxes: $2,930
Year Built: 1982
Square Feet: 502
Amenities
Custom Mirrors
Balcony
Feature Descriptions
Appliances: Cooktop, Dryer, Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Washer, Electric Cooktop, Freezer
Association: CYPRESS POINT CONDO
Association Amenities: Basketball Court, Car Wash Area, Golf Course, Jogging Path, Laundry, Park, Playground, Parking, Pool, Tennis Court(s), Trail(s), Baseball/Softball Field, Maintained Community, Sidewalks, Gated
Association Fee Includes: Maintenance Grounds, Sewer, Water, Common Areas
Balcony: Balcony - Covered, Balcony - Open
Days on Site: 2
Exterior: Stucco, CBS
Flooring: Laminate
Furnished: Unfurnished
HOA Fee: $969.63/ Quarterly
Laundry: Laundry Closet
Parcel#: 52424215030002710
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Pets Allowed: Yes, Number Limit, Size Limit, Pet Restrictions Possible
Restrictions: Buyer Approval Required, Other Restrictions, Parking - No Boat, Parking - No RV, Parking - No Trailer, Le
Security: Gated with Guard, Security Guard, Security Patrol, Security Gate
Sewer: Public Sewer
Special View Info: Water, Pond
SQFT Living: 502
Structure Type: Multi Family
Total Rooms: 4
Utilities: Cable Available, Electricity Available, Phone Available
Utilities: Cable Available, Electricity Available, Phone Available
Water: Public
Waterfront Features: Pond
Room Sizes
Living Room: 13 X 14
Kitchen: 7 X 10
Primary Bedroom: 9 X 10
Local Schools
High School: Palm Beach Gardens
Middle School: Watson B. Duncan
Elementary School: Timber Trace
Listed By / Shown By
Listed By
Agency Name: Zarden Realty
Agency Phone: 561-275-5773
Shown By
Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,310.65 per month $1,008.15 Principal & Interest $244.17 Property Tax $58.33 Homeowner's InsuranceChange Payment Information
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271 Cypress Point Drive | MLS# B26068273
This condo located at 271 Cypress Point Drive, Palm Beach Gardens, FL 33418 is currently listed for sale with an asking price of $200,000. This property was built in 1982 and has 1 bedrooms and 1 full baths with 502 sq. ft. Cypress Point Drive is located in the CYPRESS POINT CONDO subdivision. Search CYPRESS POINT CONDO real estate on www.bankeayanleke.com today.