1 bd · 1 ba · 502 sqft

286 Cypress Point Drive, Palm Beach Gardens, FL 33418

Part of Cypress Point Condo — homes, prices & HOA info →

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! …

Type

Condominium

Year built

1982

ZIP

33418

Listing courtesy of Zarden Realty