405 Burgundy I, Delray Beach, FL 33484 — MLS photo

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405 Burgundy I, Delray Beach, FL 33484

Active · Condominium

$79,500

405 Burgundy I, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
902 sq ft
$ / sq ft
$88/sq ft
Year built
1979
Lot size
—
HOA fee
$740 Monthly
Annual tax
$1,550

About this property

Welcome to this charming 1st floor 2/2 bedroom condo in the desirable Burgundy section of Kings Point Golf and Country Club. Conveniently located right next to the satellite pool, this home offers comfort, convenience, and resort-style living with no golf membership required. This light and bright residence features tile flooring throughout. AC was installed a few months ago. Enjoy your morning coffee or evening relaxation in the enclosed patio overlooking the garden views. Kings Point offers a world of amenities including 3 Clubhouses, pools, indoor pools, tennis, pickleball, 2 on site golf courses, courtesy buses, and many clubs. Located walking distance to place of worship and just a short drive to restaurants, beaches, shopping, close to 95 and turnpike.

Property location

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405 Burgundy I, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
902 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Main Level Primary, Shower Only, Tub Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
2
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio
Pool
None

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$740 Monthly
Amenities
Basketball Court, Billiard Room, Business Center, Clubhouse, Fitness Center, Golf Course, Transportation Service
Security
Fire Alarm, Smoke Detectors
Pets allowed
No
Annual tax
$1,550
Subdivision
KINGS POINT BURGUNDY CONDO
County
Palm Beach
Days on market
382
MLS listing ID
R11129637
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

$312

Cap rate
10.4%
Net yield
10.4%
Cash-on-cash return
16.8%
Gross yield
27.8%
Mortgage payment
$377/mo
Down payment
$19,875
Loan amount
$59,625
Annual NOI
$8,264

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