286 Cypress Point Drive, Palm Beach Gardens, FL 33418 (MLS# B26068272)

286 Cypress Point Drive, Palm Beach Gardens, FL 33418

New Listing

$200,000

Virtual Tour

https://www.propertypanorama.com/286-Cypress-Point-Drive-Palm-Beach-Gardens-FL-33418--B26068272/unbranded

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Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 502 Status: Active

Current Price: $200,000 List Date: 8/25/2026 Last Modified: 8/25/2026

Overview

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.

Listing Details MLS# B26068272

General Property Information

Unit Floor #: 2
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 502
Building Area Source: Public Records
Living Area Main: 502
Living Area Source: Public Records
Adjusted Area Main: 502
Accessibility Features YN: No
Year Built: 1982
Parking Total: Yes
Gated Community YN: Yes
Senior Community YN: No
Land Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: Yes
Direction Faces: Southeast
Fireplace YN: No
Pool Private YN: Yes
Furnished: Unfurnished
Washer/Dryer Allowed YN: Yes
LP/Assessed Value: 1.48
Lot Size Area: 0

Property Features

Application Information: Association Approval Required Association Amenities: Gated; Security Association Fee Includes: Water Dining Area: Eat-In Kitchen; Snack Bar/Counter Electric: Three Phase Flooring: Wood Foundation Details: Slab Leasing Permitted Details: Okay To Lease; Okay To Lease With Restrictions; Short Term Rentals Allowed Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Electric Cooktop; Freezer; Ice Maker; Microwave; Oven; Refrigerator; Cooktop Architectural Style: Key West Construction Materials: CBS; Stucco Cooling: Central Individual Association Type: Condominium Heating: Central Individual Interior Features: None Laundry Features: Common Area; Washer Hookup; Other Levels: One Listing Terms: Cash; Conventional Lot Features: Many Trees; Sidewalks Membership: Other Membership Available; Social Membership Available; Tennis Membership Available Other Structures: Gazebo; Other Pets Allowed YN: Yes Pets Allowed: Cats OK; Dogs OK; Number Limit; Size Limit Pool Features: Fenced; In Ground Possession: Subject To Tenant Rights; Other Restrictions: Buyer Approval Required; Lease Restrictions; Parking - No Boat; Parking - No RV; Parking - No Trailer Other Leasing Restrictions: Tenant Approval Roof: Concrete; Tile Security Features: Gated with Guard Sewer: Public Sewer Structure Type: Multi Family Tax Information: City/County; Tax Reflects No Exemptions Unit Description: Exterior Catwalk Utilities: Cable Available; Electricity Available; Phone Available View: Water Water Source: Public Water View: Pond Waterfront Features: Pond Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Combination Lock Box; Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 200000
Negotiable Seller Concessions YN: No
Occupant Type: Tenant
Listing Service: Limited Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 286
Street Name: Cypress Point
Street Suffix: Drive
Municipality Type: Incorporated
Municipal Code: 52
State Or Province: FL
Postal Code: 33418
Postal Code +4: 7149
Subdivision Name: CYPRESS POINT CONDO
Development Name: Cypress Point Condo
Area: 5360
Geographic Area: PB27
Elementary School: Timber Trace
Middle Or Junior School: Watson B. Duncan
High School: Palm Beach Gardens
Special Assessment YN: No
Parcel Number: 52424215030002860
Subdivision Number: 3
Zoning: PCD (city)
Flood Zone: X
Directions: Head West on PGA Blvd. Make a left into PGA National. Turn left on Avenue of the Masters. Turn left onto Cypress Point Drive.

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 969.63
Association Fee Frequency: Quarterly
Association Membership: Mandatory
Association Reserves YN: Yes
Application Required YN: Yes
Association Name: CYPRESS POINT CONDO
Association Phone: 561-679-4800
Association Email: Cypresspointcoa@reef-ps.com
Master Association YN: Yes
Master Association Fee: 1036
Master Association Fee Frequency: Annually
Master Association Name: PGA NATIONAL
Master Association Phone: 561-627-2800
Master Association Email: Leaannr@langmanagement.com
Master Association Website: https://pga-poa.com/
Estimated Monthly Assoc Recurring Fee: 410
Membership Fee Required YN: No
Tax Annual Amount: 2930
Tax Year: 2025
Tax Assessed/SOH Value: 135000
Tax Legal Description: CYPRESS POINT UNIT 286
Assessor Market Value: 135000

Status Change Information

Major Change Timestamp: 2026-08-25T17:03:17Z
Major Change Type: New Listing
Status Change Date: 2026-08-25

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Okay To Lease With Restrictions: Yes
Short Term Rentals Allowed: Yes

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Pet Details

Maximum Number Of Pets: 2
Pet Fee YN: No
Total Weight Limit (Pets): 25

Qualifying Requirements

Minimum Credit Score YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30

Price Calculations

Current Price To SqFt: 398.4

Originating Details

Originating System Key: 20260818191123875714000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

Association Approval Required: Yes

Amenities

Car Wash Area: Yes
Golf Course: Yes
Jogging Path: Yes
Laundry: Yes
Maintained Community: Yes
Park: Yes
Playground: Yes
Pool: Yes
Sidewalks: Yes
Trail(s): Yes

Association Amenities

Gated: Yes
Security: Yes

Association Fee Includes

Sewer: Yes
Water: Yes

Dining Area

Eat-In Kitchen: Yes
Snack Bar/Counter: Yes

Electric

Three Phase: Yes

Flooring

Wood: Yes

Foundation Details

Slab: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Other Structures

Gazebo: Yes
Other: Yes

Possession

Subject To Tenant Rights: Yes
Other: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Phone Available: Yes

View

Water: Yes

Heating

Central Individual: Yes

Unit Description

Exterior Catwalk: Yes

Water View

Pond: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Electric Cooktop: Yes
Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Cooktop: Yes

Construction Materials

CBS: Yes
Stucco: Yes

Interior Features

None: Yes

Laundry Features

Common Area: Yes
Washer Hookup: Yes
Other: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Many Trees: Yes
Sidewalks: Yes

Pool Features

Fenced: Yes
In Ground: Yes

Roof

Concrete: Yes
Tile: Yes

Security Features

Gated with Guard: Yes

Water Source

Public: Yes

Waterfront Features

Pond: Yes

Architectural Style

Key West: Yes

Cooling

Central Individual: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Combination Lock Box: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

None: Yes

Membership

Other Membership Available: Yes
Social Membership Available: Yes
Tennis Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes
Number Limit: Yes
Size Limit: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes
Parking - No Boat: Yes
Parking - No RV: Yes
Parking - No Trailer: Yes

Other Leasing Restrictions

Tenant Approval: Yes

Tax Information

City/County: Yes
Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Covered: Yes
Balcony - Open: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Zarden Realty

Last Updated: August - 25 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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