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$195,000
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Property 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 7.93% 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! 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.
Full Property Details
Full Property Details for 286 Cypress Point Dr
General
- Price: $195,000
- HOA FEE: $323/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,930 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26068272
- Updated: 10/5/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Breakfast Bar, Eat-in Kitchen, None, Tub Shower
- Appliances: Cooktop, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Common Area, Washer Hookup, Inside, Outside, Other, Washer Dryer Install Allowed
Additional Information
- Shared Amenities: Car Wash Area, Golf Course, Gated, Laundry, Maintenance, Picnic Area, Playground, Pickleball, Park, Pool, Sports Fields, Spa/Hot Tub, Security, Sidewalks, Tennis Court(s), Trail(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated with Guard, Gated Community
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Open, Balcony
Parking
- Total Spaces: 1
- Parking Features: Assigned, Guest
Location
- County: Palm Beach
- Subdivision: CYPRESS POINT CONDO
- Driving 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.
- Direction Faces: Southeast
School Information
- Elementary School: Timber Trace
- Middle School: Watson B. Duncan
- High School: Palm Beach Gardens
Community
- Community Name: 5360
- Association: Yes
- Assoc. Name: CYPRESS POINT CONDO
- Assoc. Fees Include: Common Areas, Insurance, Maintenance Grounds, Pool(s), Sewer, Trash, Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Florida
- Structure Type: Multi Family
- Construction: CBSConcreteBlockStructure, Block, Frame
- Roof: Concrete, Tile
- Entry Floor Number: 2
- Stories/Levels: 1
- Building Size: 502
- Square Feet: 502
- Sq. Ft. Source: Public Records
- Living Area: 502 Sq. Ft.
- Year Built: 1982
- Property Condition: Resale
Additional Structures
- Other Structures: Gazebo, Other
Lot Features
- Property View: Pond, Water
- Sidewalks: Yes
- Lot Features: Many Trees
- Zoning: PCD (city)
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Pond
- Water Front View: Pond
Financial Considerations
- Association Fee: $970
- Assoc Fee Freq.: Quarterly
- Other Assoc Fees: $1,036
- Other Fee Freq.: Annually
- Assessment Amount: $135,000
- Tax Amount: $2,930
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: CYPRESS POINT UNIT 286
- Property ID: 52424215030002860
Listed by Zarden Realty
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Schools
Schools serving 286 Cypress Point Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Timber Trace Elementary School 5200 117th Court North, Palm Beach Gardens, FL 33418 | K-5 | 2.5 mi |
Watson B. Duncan Middle School 5150 117th Court North, Palm Beach Gardens, FL 33418 | 6-8 | 2.5 mi |
Palm Beach Gardens High School 4245 Holly Drive, Palm Beach Gardens, FL 33410 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 286 Cypress Point Dr
Date
Details
Price
Change
Source
9/22/2026
Price Reduced
$195,000
-2.5%
MLS
8/25/2026
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 286 Cypress Point Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,161
3%
$47,230
3%
2024
$1,126
11%
$45,899
3%
2023
$1,014
14%
$44,562
6%
2021
$890
-7%
$42,004
-3%
2022
$958
8%
$43,264
4%
2021
$890
9%
$41,424
2%
2019
$813
3%
$40,493
2%
2018
$790
1%
$39,738
2%
2017
$781
6%
$38,921
2%
2016
$735
—
$38,120
1%
2015
$738
—
$37,855
1%
2014
$741
1%
$37,555
2%
2013
$731
—
$37,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 286 Cypress Point Dr
286 Cypress Point Drive, Palm Beach Gardens, FL 33418 (MLS# B26068272) is a Condo property with 1 bedroom and 1 full bathroom. 286 Cypress Point Drive is currently listed for $195,000 and was received on August 25, 2026. Want to learn more about 286 Cypress Point Drive? Do you have questions about finding other Condo real estate for sale in Palm Beach Gardens? You can browse all Palm Beach Gardens real estate or contact a Coldwell Banker agent to request more information.

