Home›151 Cypress Point Drive

Residential in Palm Beach Gardens

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! 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.

Property Highlights

Roof

  • Shingle

View

  • Water
  • Pond

Sewer

  • Public Sewer

Cooling

  • Central Individual
  • Electric

Heating

  • Central Individual
  • Electric

Flooring

  • Vinyl

Amenities

  • Baseball/Softball Field
  • Basketball Court
  • Car Wash Area
  • Golf Course
  • Jogging Path
  • Laundry
  • Maintained Community
  • Park
  • Pickleball Court(s)
  • Picnic Area
  • Playground
  • Pool
  • Sidewalks
  • Street Lights
  • Tennis Court(s)
  • Trail(s)

Utilities

  • Cable Available
  • Electricity Connected
  • Sewer Connected
  • Water Connected

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Cooktop
  • Freezer
  • Microwave
  • Oven
  • Refrigerator
  • Washer
  • Cooktop

Membership

  • Golf Equity Available
  • No Membership Available
  • Other Membership Available
  • Social Membership Available
  • Tennis Membership Available

Possession

  • Subject To Tenant Rights

Room Types

  • Kitchen
  • Living Room
  • Master Bedroom

Water View

  • Pond

Dining Area

  • DiningLiving Room
  • Eat-In Kitchen
  • Snack BarCounter

LotFeatures

  • Many Trees

WaterSource

  • Public

Lot Features

  • Many Trees

Pets Allowed

  • Number Limit
  • Size Limit

Restrictions

  • Parking - No Boat
  • Parking - No Commercial Vehicles
  • Parking - No RV
  • Parking - No Trailer

Water Source

  • Public

Listing Terms

  • Cash
  • Conventional

Structure Type

  • Multi Family

Balcony Details

  • Balcony - Covered

OtherStructures

  • Gazebo

ParkingFeatures

  • Assigned
  • Guest

Pets Allowed YN

  • Yes

Tax Information

  • No Homestead

Association Type

  • Condominium

ExteriorFeatures

  • Balcony

InteriorFeatures

  • Other

Laundry Features

  • In Unit
  • Laundry Closet
  • Laundry Room
  • Multiple Locations

Other Structures

  • Gazebo

Parking Features

  • Assigned
  • Guest

SecurityFeatures

  • Gated with Guard

Interior Features

  • Other

Security Features

  • Gated with Guard

ArchitecturalStyle

  • Key West

Master BedroomBath

  • Combo TubShower

Property Condition

  • Resale

WaterfrontFeatures

  • Pond

Architectural Style

  • Key West

Waterfront Features

  • Pond

AssociationAmenities

  • Security
  • Recreation Facility
  • Gated
  • Pool
  • Baseball/Softball Field
  • Basketball Court
  • Car Wash Area
  • Golf Course
  • Jogging Path
  • Laundry
  • Maintained Community
  • Park
  • Pickleball Court(s)
  • Picnic Area
  • Playground
  • Sidewalks
  • Street Lights
  • Tennis Court(s)
  • Trail(s)

Showing Requirements

  • Call Listing Agent
  • Occupied
  • Text Listing Agent

Association Amenities

  • Gated
  • Recreation Facility
  • Security

Outdoor Living Spaces

  • Balcony

Construction Materials

  • CBS
  • Frame

Application Information

  • 3-4 Weeks Approval
  • Association Approval Required
  • Other Approvals

Association Fee Includes

  • Common Areas
  • Insurance
  • Maintenance Grounds
  • Maintenance Structure
  • Pool Service
  • Recreation Facility
  • Sewer
  • Trash
  • Water

SpecialListingConditions

  • Standard

Leasing Permitted Details

  • Okay To Lease
  • Okay To Lease During First Year
  • Short Term Rentals Allowed

Special Listing Conditions

  • Standard

Leasing

  • Okay to lease: Yes

Property Details

Property TypeResidential
StyleCondominium
Year Built1982
CountyPalm Beach
SubdivisionCYPRESS POINT CONDO
Building / Complex8
Living Area502 sq ft
Bedrooms1
Baths1
Half Baths0
WaterfrontYes
HOA Fee$969.63 / Quarterly
HOA IncludesRecreation Facility, Pool Service, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Annual Tax$3,979.17 (2025)
Special AssessmentNo
Pets AllowedNumber Limit, Size Limit, Yes
Max Number of Pets2
Weight Limit (lbs)25
Size LimitYes
Listing OfficeZarden Realty
Listing AgentOlivia Prosser
Office Phone561-275-5773

151 Cypress Point Drive, Palm Beach Gardens, FL 33418