Cays Realty
605 Flanders M, Delray Beach, FL 33484 — MLS photo

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605 Flanders M, Delray Beach, FL 33484

Active · Condominium

$105,000

605 Flanders M, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
920 sq ft
$ / sq ft
$114/sq ft
Year built
1977
Lot size
—
HOA fee
$693 Monthly
Annual tax
$1,783

About this property

Welcome to 605 Flanders M - this second-floor CBS construction unit at the 55+ Kings Point Golf and Country Club - featuring 2 bedrooms and 2 bathrooms with beautiful golf course views from the living room. Conveniently located near the Linton entrance and houses of worship. The unit boasts laminate flooring, and the kitchen has been updated. **A/C 2021, Water Heater 2023. The master bathroom includes a bathtub, and the dryer is only 3 years old. The patio offers a serene garden view and is equipped with brand-new patio doors. **ROOF - 4 years old**. This unit can come fully furnished. The building is well-funded with solid reserves and no assessments. A must-see!

Property location

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605 Flanders M, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
920 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Kitchen Dining Combo, Living Dining Room, Shower Only
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1977
Stories
2
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
Spa
Community
View
Golf Course, Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$693 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Security, Trash
Amenities
Billiard Room, Business Center, Clubhouse, Fitness Center, Golf Course, Library, Pool, Guard, Shuffleboard Court, Sauna, Spa Hot Tub, Security, Tennis Courts, Transportation Service
Security
Gated With Guard, Security Guard
Pets allowed
No
Annual tax
$1,783
Subdivision
KINGS POINT FLANDERS CONDO
County
Palm Beach
Days on market
245
MLS listing ID
R11160680
Listing status
Active

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

Estimated monthly cash flow

$311

Cap rate
9.2%
Net yield
9.2%
Cash-on-cash return
12.7%
Gross yield
22.2%
Mortgage payment
$498/mo
Down payment
$26,250
Loan amount
$78,750
Annual NOI
$9,707

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