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151 Cypress Point Drive, Palm Beach Gardens, FL 33418
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0 Days on Market
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How this price compares

List price
$195,000
Price per sq ft
$388
Vs. nearby sales
32% above
Days on market
N/A

This 1-bedroom condo in Cypress Point Condo is listed at $195,000, or $388 per square foot. The 6 most recent condo sales in the closings shown below sold at a median of $294 per square foot, so the asking price is 32% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
502
Living Sq Ft
1982
Year Built

Estimated monthly payment

$1,025 /mo

Principal and interest only, based on $39,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$195,000
Days on Site
0 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
502 sqft
Total Sq Ft
502 sqft
Year Built
1982
Property Type
Condo
MLS #
B26084588
Property Tax
$3,979 (2025)
HOA Fees
$970 / Quarterly
Subdivision
CYPRESS POINT CONDO
Development
PGA National
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

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 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.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1982
Property Condition
Resale
Number of Stories
2
Levels
One
Parking
Assigned / Guest
Direction Faces
East
Lot Size (Acres)
0
Living Sq Ft
502
Total Sq Ft
502
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
PCD (city)

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Cooktop / Freezer / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric / Individual
Flooring
Vinyl
Interior Features
Breakfast Bar / Eat In Kitchen / Living Dining Room / Other / Tub Shower
Laundry
Laundry Closet / Laundry Room / In Unit / Multiple Locations / Washer Dryer Install Allowed
Main Level Bedrooms
1
Main Level Baths
1
Total Rooms
3
Furnished
Furnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Frame
Roof
Shingle
Exterior Features
Balcony / Outdoor Living Area
Architectural Style
Florida
Pool Features
Association
Patio & Porch
Covered / Balcony
Lot Features
Many Trees
Waterfront
Yes
Waterfront Features
Pond
View
Pond / Water

Community & HOA

HOA Fee
$970 / Quarterly
HOA Name
Cypress Point Condo
HOA Includes
Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities / Sewer / Trash / Water
Association Amenities
Basketball Court / Car Wash Area / Golf Course / Gated / Laundry / Maintenance / Picnic Area / Playground / Pickleball / Park / Pool / Sports Fields / Security / Sidewalks / Tennis Courts / Trails
Community Features
Gated / Street Lights
Security
Gated With Guard / Gated Community
Utilities
Cable Available / Electricity Connected / Sewer Connected / Water Connected
Pets Allowed
Number Limit / Size Limit / Yes
Financing Terms
Cash / Conventional
Restrictions
No Boats / No Commercial Vehicles / No Rv / No Trailer Parking / Okay To Lease1st Year / Ok To Lease / Rental Restriction / Short Term Rentals Allowed
MLS Area
5360

This home's HOA fee works out to $323 a month, in line with the $323 median across 5 homes for sale in Cypress Point Condo. See Cypress Point Condo HOA fees

Schools

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

Cypress Point Condo is a gated, waterfront community in Palm Beach Gardens, Palm Beach County, Florida. Active listings are priced from $145,000 to $249,000. Homes were built starting 1982. Pure Equity lists homes in Cypress Point Condo and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
5
Median List Price
$195,000
Median $/Sq Ft
$388
Avg Days on Market
68
View all 5 homes for sale in Cypress Point Condo →
How do I schedule a tour of 151 Cypress Point Drive, Palm Beach Gardens, FL 33418?
Use the Tour button on this listing to request a showing of 151 Cypress Point Drive, Palm Beach Gardens, FL 33418. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 151 Cypress Point Drive, Palm Beach Gardens, FL 33418 still available?
151 Cypress Point Drive, Palm Beach Gardens, FL 33418 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 151 Cypress Point Drive, Palm Beach Gardens, FL 33418?
With 20% down ($39,000) on the $195,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 151 Cypress Point Drive, Palm Beach Gardens, FL 33418 is about $1,025/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 151 Cypress Point Drive, Palm Beach Gardens, FL 33418?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 151 Cypress Point Drive, Palm Beach Gardens, FL 33418. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 151 Cypress Point Drive, Palm Beach Gardens, FL 33418 have an HOA fee?
Yes: 151 Cypress Point Drive, Palm Beach Gardens, FL 33418 carries an HOA fee of about $970 quarterly (Cypress Point Condo). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 151 Cypress Point Drive, Palm Beach Gardens, FL 33418?
151 Cypress Point Drive, Palm Beach Gardens, FL 33418 is zoned for Timber Trace (elementary), Watson B. Duncan (middle), Palm Beach Gardens (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 151 Cypress Point Drive, Palm Beach Gardens, FL 33418?
Often, yes. The right offer on 151 Cypress Point Drive, Palm Beach Gardens, FL 33418 depends on how it's priced against comparable condo sales in Palm Beach Gardens, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Zarden Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 6, 2026.

$195,000

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Listed by Olivia Prosser, Zarden Realty

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