286 Cypress Point Drive, Palm Beach Gardens FL 33418

1 beds · 1 baths · 502 sq ft

WaterfrontPoolBuilt 1982

Property details

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.

Property type: Condominium
MLS number: B26068272
Year built: 1982
Days on market: 14
Garage: —
HOA: $969

Listing information is provided by the Miami Association of REALTORS® through Bridge Data Output. Listing brokerage: Zarden Realty · 561-275-5773. Information is deemed reliable but is not guaranteed and is subject to change. Only Active listings are shown.

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