Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 720 sq ft
Active · Condominium
$63,000
383 Monaco H 383, Delray Beach, FL 33446
- Beds
- 1
- Baths
- 2
- Living area
- 720 sq ft
- $ / sq ft
- $88/sq ft
- Year built
- 1974
- Lot size
- —
- HOA fee
- $660
- Annual tax
- —
About this property
FULLY Furnished, turnkey & waterfront rental condo. 1 bedroom, 1.5 baths. 2nd floor nicely remodeled. Great low cost investment property,currently rented to amazing tenants at $1,450 per month, and currently in the process of renewing the lease until 09/30/2027. NEW complete central A/C unit (2024) paid $5,370 with 5 years warranty until 2029, replaced HVAC duct system (2025) paid $900. Full size washer & dryer. Screened balcony. Assigned & guest parking. Laminate Vinyl Flooring Throughout. Kings Point Golf & Country Club is a Resort-style, Active Adult, well maintained, 55+ community. Boasting Two 18-hole golf courses designed by Robert Trent Jones, Sr... A State-of-the-art Theatre with entertaining shows. East End Cafe in the Main clubhouse serves breakfast and lunch. The Bistro in the Monaco Clubhouse is open for lunch and dinner. 3 Clubhouses, Indoor/outdoor Pools, Gyms, Spa, Fitness Center, Tennis, Shuffleboard & Pickleball. Courtesy shuttles available.
Property location
Get Directions383 Monaco H 383, Delray Beach, FL 33446
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1974
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $660
- County
- Palm Beach
- MLS listing ID
- A11918020
- 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
$164
- Cap rate
- 8.8%
- Net yield
- 8.8%
- Cash-on-cash return
- 11.1%
- Gross yield
- 28.0%
- Mortgage payment
- $299/mo
- Down payment
- $15,750
- Loan amount
- $47,250
- Annual NOI
- $5,548
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.