116 Tuscany B 116, Delray Beach, FL 33446 — MLS photo

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116 Tuscany B 116, Delray Beach, FL 33446

Active · Condominium

$99,000

116 Tuscany B 116, Delray Beach, FL 33446

Beds
2
Baths
2
Living area
880 sq ft
$ / sq ft
$113/sq ft
Year built
1973
Lot size
—
HOA fee
$708
Annual tax
—

About this property

Virtually staged. MOST AFFORDABLE 2-BEDROOM IN TUSCANY! Discover this first-floor condo in the highly desirable 55+ community of Kings Point. This first floor, 2-bedroom corner unit bright and airy residence boasts plenty of natural lighting and gentle breezes. The open-concept layout features granite countertops and bathrooms, sleek tile flooring, and recessed lighting throughout. Residents of Kings Point enjoy an impressive array of amenities, including a newly renovated clubhouse, indoor and outdoor pools, tennis, golf, pickleball, a grand theater, social clubs, and countless classes and activities. A convenient shuttle service provides easy access to nearby shopping centers and the vibrant dining and entertainment of downtown Delray Beach. Perfect as a seasonal retreat or a comfortable year-round home! Must wait 2 years to rent. Capital Contribution to KP $2000 at closing.

Property location

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116 Tuscany B 116, Delray Beach, FL 33446

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
880 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$708
County
Palm Beach
MLS listing ID
A11916314
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

$236

Cap rate
8.6%
Net yield
8.6%
Cash-on-cash return
10.2%
Gross yield
22.5%
Mortgage payment
$469/mo
Down payment
$24,750
Loan amount
$74,250
Annual NOI
$8,468

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