151 Cypress Point Drive, Palm Beach Gardens, FL 33418

$195,000

For Sale

1 bd · 1 ba · 502 sqft

151 Cypress Point Drive, Palm Beach Gardens, FL 33418

Cypress Point Condo

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 foo…

Type
Condominium
Year built
1982
ZIP
33418

Listing courtesy of Zarden Realty