Sold Jul 16, 2026
$185,000Offered at $195,000Active
- beds
- 1
- baths
- 1
- sq ft
- 502
- Built
- 1982
271 Cypress Point Drive
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 $2,000 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 7.94% 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 B26084588 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 #B26068273
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Details at a glance
Interior4 property facts
- Rooms
- 4
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Laminate
Building4 property facts
- Style
- Condominium
- Year built
- 1982
- Parking
- 1
- Roof
- Concrete, Tile
Land & utilities5 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- PCD (city)
Financial3 property facts
- Annual taxes
- $2,930
- Assessment year
- 2025
- HOA fee
- $970 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $195,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,230 / monthAdjust
- Principal & interest
- $986
- Property tax
- $244
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,930. 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
- Lsd
$2,100 · Sold $2,000 · Feb 9, 2026
- Sld
$209,500 · Sold $180,000 · Jul 20, 2025
- Lsd
$1,250 · Sold $1,200 · Jul 12, 2019
- Lsd
$1,150 · Sold $1,150 · Apr 11, 2017
More property insights
Comparable properties 3 supplied
Sold Jul 25, 2026
$205,000400 Wilma Circle #108
Sold Sep 11, 2026
$188,000400 WILMA Circle #304
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About 271 Cypress Point Drive
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