$195,000
1 bd · 1 ba · 502 sq ft · Condominium
286 Cypress Point Drive, Palm Beach Gardens FL 33418
For Sale · Active listing
Est. payment $1,072/mo · Mortgage calculator
Listed by Zarden Realty / Olivia Prosser
Contact: 561-229-4908 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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 7.93% 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 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.
Facts
- MLS #
- B26068272
- Subdivision
- CYPRESS POINT CONDO,Cypress Point Condo
- Property type
- Residential
- Property subtype
- Condominium
- Sq. ft.
- 502
- Price per sq. ft.
- $388 / sq ft
- Year built
- 1982
- Days on market
- 51
- County
- Palm Beach County
- Date listed
- Aug 25, 2026
- Last updated
- Oct 15, 2026
Financial considerations
- HOA fee
- $969 quarterly
- Taxes
- $2,930 (2025)
- HOA amenities
- Bike/Jog Path, Barbecue, Gated, Laundry, Community Pool, Golf Course, Golf Course Com, Guard At Gate, Laundry Facility, Maintained Community, Other Membership Available, Pool, Private Pool, Security Patrol, Spa/Hot Tub, Tennis Court(s), Vehicle Wash Area
Exterior features
- Waterfront
- Yes
- View
- Water, Pond View, Pond
- Construction
- CBS Construction, Frame, Frame With Stucco
- Parking spaces
- 1
- Roof
- Tile, Concrete, Tile Roof
- Additional features
- Exterior Cat Walk, Balcony, Open Balcony
Interior features
- Furnished
- Unfurnished
- Heating
- Central Individual A/C
- Cooling
- Central Individual A/C
- Appliances
- Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
- Window features
- Complete Accordian Shutters
- Additional features
- No Interior Features
Additional features
- Pets allowed
- Yes
- Security
- Gated with Guard
- Community
- Tennis, Gated, Golf Course Community, Laundry Facilities, Maintained Community, Mandatory Hoa, Other Membership Available, Picnic Area, Pool, Sidewalks, Spa/Hot Tub, Tennis Court(s), Whirlpool
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 15, 2026, 1:40 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.