
$195,000
271 Cypress Point Drive
Explore the area: Palm Beach Gardens homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $195,000
- Price per sq ft
- $388
- Vs. nearby sales
- 32% above
- Days on market
- 33
This 1-bedroom condo in Cypress Point Condo is listed at $195,000, or $388 per square foot. The asking price has come down 2.5% from its original $200,000. It has been on the market for 33 days. 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.
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 estimateListing Snapshot
- Price
- $195,000
- Days on Site
- 33 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 #
- B26068273
- Property Tax
- $2,930 (2025)
- HOA Fees
- $970 / Quarterly
- Subdivision
- CYPRESS POINT CONDO
- Development
- PGA NATIONAL
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
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 $2,000 per month, providing immediate rental income, with the tenant responsible for electricity and Wi-Fi. The property also features a brand new A/C system installed in 2026. 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 B26068272 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. 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 TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1982
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- One
- Parking
- Assigned / Guest
- Direction Faces
- Southeast
- 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 / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central / Individual
- Flooring
- Laminate
- Interior Features
- Breakfast Bar / Custom Mirrors / None
- Laundry
- Laundry Closet / Washer Dryer Install Allowed
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 4
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Stucco
- Roof
- Concrete / Tile
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Florida
- Pool Features
- Association
- Patio & Porch
- Covered / Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Pond
- View
- Pond / Water
Community & HOA
- HOA Fee
- $970 / Quarterly
- HOA Name
- CYPRESS POINT CONDO
- HOA Includes
- Common Areas / Maintenance Grounds / Sewer / Water
- Association Amenities
- Basketball Court / Car Wash Area / Golf Course / Gated / Laundry / Maintenance / Playground / Park / Pool / Parking / Sports Fields / Sidewalks / Tennis Courts / Trails
- Community Features
- Home Owners Association / Gated
- Security
- Security Gate / Gated With Guard / Gated Community / Security Guard
- Utilities
- Cable Available / Electricity Available / Phone Available
- Pets Allowed
- Number Limit / Pet Restrictions / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Boats / No Rv / No Trailer Parking / Other Restrictions / Ok To Lease / 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 4 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
About the Community
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
- 4
- Median List Price
- $202,450
- Median $/Sq Ft
- $388
- Avg Days on Market
- 81
Frequently Asked Questions
- How do I schedule a tour of 271 Cypress Point Drive, Palm Beach Gardens, FL 33418?
- Use the Tour button on this listing to request a showing of 271 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 271 Cypress Point Drive, Palm Beach Gardens, FL 33418 still available?
- 271 Cypress Point Drive, Palm Beach Gardens, FL 33418 is currently listed as Active, and has been on the market 33 days. 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 271 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 271 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 271 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 271 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 271 Cypress Point Drive, Palm Beach Gardens, FL 33418 have an HOA fee?
- Yes: 271 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 271 Cypress Point Drive, Palm Beach Gardens, FL 33418?
- 271 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 271 Cypress Point Drive, Palm Beach Gardens, FL 33418?
- Often, yes. The right offer on 271 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 August 30, 2026.
$195,000
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Listed by Olivia Prosser, Zarden Realty
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Recent Sales
Recently sold homes in Cypress Point Condo
These are the last 6 recorded closings in Cypress Point Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $299 per square foot. The most recent closed on August 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$215,000
Sold · August 28, 2026
273 Cypress Point Drive
2 bed · 2 bath · 770 sqft · $279/sqft
$10,000 under the asking price
Sold$145,000
Sold · July 15, 2026
159 Cypress Point Drive
1 bed · 1 bath · 502 sqft · $289/sqft
$14,900 under the asking price
Sold$165,000
Sold · July 14, 2026
182 Cypress Point Drive
1 bed · 1 bath · 502 sqft · $329/sqft
$19,900 under the asking price
Sold$130,000
Sold · July 7, 2026
183 Cypress Point Drive
1 bed · 1 bath · 502 sqft · $259/sqft
Sold$150,000
Sold · December 15, 2025
168 Cypress Point Drive
1 bed · 1 bath · 502 sqft · $299/sqft
$9,888 under the asking price
Sold$239,000
Sold · November 26, 2025
279 Cypress Point Drive
2 bed · 2 bath · 770 sqft · $310/sqft
$11,000 under the asking price
See every recorded sale in Cypress Point Condo or find out what your Cypress Point Condo home is worth.








