Sold Sep 11, 2026
$188,000Offered at $185,000Under Contract
- beds
- 1
- baths
- 1
- sq ft
- 502
- Built
- 1982
151 Cypress Point Drive
About this home
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.
Listing last checked: Listing updated:
Listed by Olivia Prosser · Zarden Realty · MLS #B26084588
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Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Vinyl
Building4 property facts
- Style
- Condominium
- Year built
- 1982
- Parking
- 1
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- PCD (city)
Financial3 property facts
- Annual taxes
- $3,979
- Assessment year
- 2025
- HOA fee
- $970 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $185,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,267 / monthAdjust
- Principal & interest
- $935
- Property tax
- $332
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,979. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $970. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$249,000 · Sold $230,000 · Jan 16, 2024
- Lsd
$4,000 · Sold $4,000 · Jan 16, 2024
- Sld
$195,000 · Sold $185,000 · Dec 8, 2022
More property insights
Comparable properties 3 supplied
Sold Sep 7, 2026
$167,000450 SW South River Drive #104
Sold Aug 21, 2026
$180,0002600 S Kanner Highway #53
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About 151 Cypress Point Drive
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Request a tour of 151 Cypress Point Drive and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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