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271 Cypress Point Drive, Palm Beach Gardens, FL 33418
Active
33 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
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.

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.

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Listing 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 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
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

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
View all 4 homes for sale in Cypress Point Condo →
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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