298 Burgundy G, Delray Beach, FL 33484 — MLS photo

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298 Burgundy G, Delray Beach, FL 33484

Active · Condominium

$124,000

298 Burgundy G, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
902 sq ft
$ / sq ft
$137/sq ft
Year built
1979
Lot size
—
HOA fee
$716
Annual tax
—

About this property

Welcome to 298 Burgundy D—a beautifully updated and fully furnished condo in the heart of Kings Point, an active 55+ community in Delray Beach. This freshly painted corner unit offers added privacy and extra windows, flooding the space with natural light and creating a bright, airy feel throughout. Enjoy serene canal views from your screened-in patio, which includes a washer and dryer and an additional storage closet—a perfect blend of indoor comfort and outdoor relaxation. The kitchen has been updated with granite countertops, and both bathrooms have been tastefully renovated. Other features include a 2017 AC, 2018 water heater, and GE electrical panel. Located just steps from the mailbox and close to the community pool exclusive to Burgundy residents. Kings Point offers an incredible array of amenities including: Clubhouses and fitness center Natatorium and multiple swimming pools Golf courses On-site restaurants, salon, and more Don't miss the chance to enjoy resort-style living in one of Delray's most desirable 55+ communities!

Property location

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298 Burgundy G, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
902 sq ft

Exterior & Structure

Property type
Condominium
Year built
1979

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$716
County
Palm Beach
MLS listing ID
R11109323
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

$168

Cap rate
7.3%
Net yield
7.3%
Cash-on-cash return
5.8%
Gross yield
19.0%
Mortgage payment
$588/mo
Down payment
$31,000
Loan amount
$93,000
Annual NOI
$9,074

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