151 Cypress Point Drive, Palm Beach Gardens, FL 33418 (MLS# B26084588)

151 Cypress Point Drive, Palm Beach Gardens, FL 33418

New Listing
$195,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 502 Status: Active
Current Price: $195,000 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

Description

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!

Supplements: 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.

Listing Details MLS# B26084588

General Property Information

Unit Floor #
Yes
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
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
Yes
Direction Faces
East
Fireplace YN
No
Pool Private YN
No
Furnished
Furnished
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
1.18

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required; Other Approvals Association Amenities: Gated; Recreation Facilities; Security Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Snack Bar/Counter Flooring: Vinyl Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Freezer; Microwave; Oven; Refrigerator; Washer; Cooktop Architectural Style: Key West Construction Materials: CBS; Frame Cooling: Central Individual; Electric Association Type: Condominium Heating: Central Individual; Electric Interior Features: Other Laundry Features: In Unit; Laundry Closet; Laundry Room; Multiple Locations Listing Terms: Cash; Conventional Lot Features: Many Trees Membership: Golf Equity Available; No Membership Available; Other Membership Available; Social Membership Available; Tennis Membership Available Other Structures: Gazebo Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Possession: Subject To Tenant Rights Restrictions: Lease Restrictions; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV; Parking - No Trailer Roof: Shingle Security Features: Gated with Guard Sewer: Public Sewer Structure Type: Multi Family Tax Information: No Homestead Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Water Water Source: Public Water View: Pond Waterfront Features: Pond Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
195000
Occupant Type
Tenant
Listing Service
Limited Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
151
Street Name
Cypress Point
Street Suffix
Drive
Municipality Type
Incorporated
Municipal Code
52
State Or Province
FL
Postal Code
33418
Postal Code +4
7135
Subdivision Name
CYPRESS POINT CONDO
Development Name
PGA National
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
52424215030001510
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.
Building Name
8

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
969.63
Association Fee Frequency
Quarterly
Association Membership
Voluntary
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
3979.17
Tax Year
2025
Tax Assessed/SOH Value
165000
Tax Legal Description
CYPRESS POINT UNIT 151
Assessor Market Value
165000

Status Change Information

Major Change Timestamp
2026-10-05T21:57:12Z
Major Change Type
New Listing
Status Change Date
2026-10-05

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
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

Price Calculations

Current Price To SqFt
388.44

Originating Details

Originating System Key
20261005170540295979000000
Originating System ID
M00000170

Room Information

Room Name Length Width
Kitchen 10.00 8.00
Living Room 14.00 13.00
Master Bedroom 10.00 10.00
IDX
Listing Office: Zarden Realty
Source MLS Verified
Last Updated: October - 05 - 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.