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 $2,100 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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Individual
Fenced: Yes
Heating: Central Individual
Home Style: Key West
Roof Type: Concrete, Tile
Stories: 1.0
Taxes: $2,930
Year Built: 1982
Square Feet: 502
Amenities
None
Balcony
Feature Descriptions
Appliances: Cooktop, Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Electric Cooktop, Freezer
Association: CYPRESS POINT CONDO
Association Amenities: Car Wash Area, Golf Course, Jogging Path, Laundry, Park, Playground, Pool, Trail(s), Maintained Community, Sidewalks, Gated, Security
Association Fee Includes: Sewer, Water
Balcony: Balcony - Covered, Balcony - Open
Days on Site: 2
Exterior: Stucco, CBS
Flooring: Wood
Furnished: Unfurnished
HOA Fee: $969.63/ Quarterly
Laundry: Common Area, Other, Washer Hookup
Lot: Many Trees, Sidewalks
Lot: Many Trees, Sidewalks
Parcel#: 52424215030002860
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Pets Allowed: Yes, Cats OK, Dogs OK, Number Limit, Size Limit
Pool: Fenced, In Ground
Restrictions: Buyer Approval Required, Parking - No Boat, Parking - No RV, Parking - No Trailer, Lease Restrictions
Security: Gated with Guard
Sewer: Public Sewer
Special View Info: Water, Pond
SQFT Living: 502
Structure Type: Multi Family
Swimming Pool: Yes
Total Rooms: 3
Utilities: Cable Available, Electricity Available, Phone Available
Utilities: Cable Available, Electricity Available, Phone Available
Water: Public
Waterfront Features: Pond
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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286 Cypress Point Drive | MLS# B26068272
This condo located at 286 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.