$185,000

Price reduced

151 Cypress Point Drive, Palm Beach Gardens FL 33418

1 beds1 baths502 sq ftBuilt 1982MLS# B26084588

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About this property

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.

Features

  • Waterfront
  • Water view
  • Pool

Property details

Property type
Condo
Year built
1982
Living area
502 sq ft
Price per sq ft
$369
HOA fee
$969/mo
Property taxes
$3,979/yr
Parking
1 spaces
Floors in building
2
Building / community
CYPRESS POINT CONDO,PGA National
Status
Price reduced
MLS #
B26084588

Listing courtesy of Zarden Realty.

Location

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