286 Cypress Point Drive, Palm Beach Gardens, FL 33418

$195,000 · Active

  • 1 bed
  • 1 bath
  • 502 sq ft
  • Condominium
  • Built 1982
  • HOA $969.63/mo
  • MLS# B26068272
  • Cypress Point Condo
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About this home

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.

Features

Schools

  • Elementary: Timber Trace
  • Middle: Watson B. Duncan
  • High: Palm Beach Gardens

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Zarden Realty · Listing agent: Olivia Prosser

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 286 Cypress Point Drive.

Questions About 286 Cypress Point Drive

How much is 286 Cypress Point Drive?
286 Cypress Point Drive is listed at $195,000, which is about $388 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 286 Cypress Point Drive?
The listing reports an association fee of $970 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 286 Cypress Point Drive?
The listing reports annual property taxes of $2,930 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 286 Cypress Point Drive built?
286 Cypress Point Drive was built in 1982 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 286 Cypress Point Drive been on the market?
286 Cypress Point Drive has been listed for 29 days, and the asking price has been reduced from $200,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 286 Cypress Point Drive waterfront?
Yes. The listing describes the water as pond. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 286 Cypress Point Drive?
The MLS lists Timber Trace (elementary), Watson B. Duncan (middle), Palm Beach Gardens (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 2 bedroom condo at 179 Cypress Point Drive 179, Palm Beach Gardens, FL 33418 is comparable and listed for sale at $239,000. Another comparable condo, 6962 Briarlake Circle 203, Palm Beach Gardens, FL 33418, sold for $195,000 in September 2026. Other Palm Beach Gardens neighborhoods include Vintage Oaks and Steeplechase. Nearby ZIP codes include 33410 and 33412. This property also neighbors North Palm Beach, West Palm Beach, and Jupiter. Compare it with the Palm Beach Gardens housing market report.