549 MONACO L Way, Delray Beach, FL 33446

Condominium · Active

$65,000

549 MONACO L Way, Delray Beach, FL 33446 — MLS photo

Miami Foreclosures

549 MONACO L Way, Delray Beach, FL 33446

Bedrooms
2
Bathrooms
2
Interior
880 sq ft
Price / sq ft
$74/sq ft
Built
1974
Lot
—

The residence

This first floor corner condo has two bedrooms and two bathrooms across 880 square feet. The kitchen was recently updated with new cabinets and quartz countertops. Tile flooring runs throughout the home. The corner position adds extra light and a little more separation from the neighbors. Kings Point is a gated 55+ community in West Delray Beach with three clubhouses and two golf courses designed by Robert Trent Jones Sr. Residents also have tennis and pickleball courts, bocce, a theater with live shows and movies, a full calendar of clubs, and a courtesy bus that runs to local shopping and medical offices. Publix, Target, and Delray Medical Center are close by, downtown Delray's restaurants are a short drive, and the beach is about fifteen minutes away.

Property location

Get Directions

549 MONACO L Way, Delray Beach, FL 33446

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
880 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Shower Only, Stacked Bedrooms

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
2
Lot size
0 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Common

HOA, Community & Financials

Association fee
$816 Monthly
Fee inclusions
Common Area Maintenance, Trash
Amenities
Clubhouse, Other, Pool
Pets allowed
No
Annual tax
$1,558
Subdivision
KINGS POINT MONACO CONDOS
County
Palm Beach
Days on market
3
MLS listing ID
B26095028
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$233

Cap rate
10.0%
Net yield
10.0%
Cash-on-cash return
15.3%
Gross yield
32.5%
Mortgage payment
$308/mo
Down payment
$16,250
Loan amount
$48,750
Annual NOI
$6,490

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

549 MONACO L Way, Delray Beach, FL 33446