173 Flanders D, Delray Beach, FL 33484 — MLS photo

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173 Flanders D, Delray Beach, FL 33484

Active · Condominium

$195,000

173 Flanders D, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
920 sq ft
$ / sq ft
$212/sq ft
Year built
1977
Lot size
—
HOA fee
$894
Annual tax
—

About this property

Welcome to Delray Beach! This move-in ready Kings Point condo is fully renovated and comes fully furnished with stylish décor, essential houseware, and immaculate tile throughout. The updated interior includes a laundry room with new washer and dryer, plus an enclosed balcony with tile flooring, ceiling fans, and garden views. The bright kitchen features shaker-style soft close cabinetry, quartzite countertops, a farmhouse undermount sink, and energy efficient lighting, flowing into a dining area with windows allowing light to stream through. The spacious living room offers a sectional sleeper sofa, large flat screen TV, storage coffee table and LED ceiling fan. The home includes two full bathrooms with modern vanities, LED anti-fog mirrors, and a walk- in shower with rainfall showerhead. Both bedrooms are furnished with queen size beds, contemporary décor, spacious closets, and well appointed window treatments. Enjoy resort-style living with beautifully landscaped grounds, an 18-hole golf course (no membership required), indoor and outdoor resort style pools, pickleball and tennis courts, fitness centers, and much more. Kings Point is ideally located just minutes from downtown Delray Beach, shopping, dining, and magnificent beaches. Only minutes from I-95 and the Turnpike.

Property location

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173 Flanders D, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
920 sq ft

Exterior & Structure

Property type
Condominium
Year built
1977

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$894
County
Palm Beach
MLS listing ID
R11169249
Listing status
Active

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Estimated monthly cash flow

-$268

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-5.9%
Gross yield
13.5%
Mortgage payment
$924/mo
Down payment
$48,750
Loan amount
$146,250
Annual NOI
$7,876

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