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 7.76% 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.
Features & Amenities
Property Highlights
Roof
- Concrete
- Tile
View
- Water
- Pond
Sewer
- Public Sewer
Cooling
- Central Individual
Heating
- Central Individual
Flooring
- Laminate
Amenities
- BaseballSoftball 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
- Lease Restrictions
- 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
- Listing Agent Must Accompany
- 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
- Maintenance Grounds
- Sewer
- Water
SpecialListingConditions
- Standard
Storm Protection Details
- None
Leasing Permitted Details
- Okay To Lease With Restrictions
- Short Term Rentals Allowed
Other Leasing Restrictions
- Tenant Approval
Special Listing Conditions
- Standard
Specifications
Property Details
Location