Cays Realty
557 Burgundy L, Delray Beach, FL 33484 — MLS photo

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557 Burgundy L, Delray Beach, FL 33484

Active · Condominium

$164,900

557 Burgundy L, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
902 sq ft
$ / sq ft
$183/sq ft
Year built
1979
Lot size
—
HOA fee
$711 Monthly
Annual tax
$1,430

About this property

Experience luxury living in the highly desirable Kings Point community! Newly renovated unit showcases open-concept design with brand-new appliances, includes washer/dryer. New Luxury Vinyl Plank throughout the entire unit, screened-in tiled balcony with enclosed laundry room with storage. The modern kitchen features abundant storage, quartz countertops. Enjoy LED recessed lighting throughout, ceiling fans in both the living room & bedrooms. New electrical panel & breakers, new water heater & electrical outlets & switches. Building located next to pool, and first parking spot. KP offers an array of resort-style amenities, Golf, Theatre; minutes from vibrant downtown Delray Beach, top restaurants, shopping, & easy access to Turnpike & I-95. Welcome Home! Shower enclosure on back order.

Property location

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557 Burgundy L, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
902 sq ft
Flooring
Hardwood, Tile, Vinyl, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Closet Cabinetry, Family Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
2
Lot size
0 sq ft
Architectural style
One Story
Roof
Other
Exterior features
Balcony
Pool
None, Association, Community, Heated

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$711 Monthly
Fee inclusions
Common Area Maintenance, Parking, Pools, Recreation Facilities, Roof, Sewer, Security, Trash
Association
Wilson Management
Association contact
(561) 637-3402
Amenities
Billiard Room, Clubhouse, Controlled Access, Fitness Center, Golf Course, Hobby Room, Library, Maintenance, Barbecue, Picnic Area, Pool, Guard, Security, Tennis Courts, Trash, Transportation Service
Security
Complex Fenced, Gated With Guard, Security Gate, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$1,430
Subdivision
KINGS POINT BURGUNDY CONDO
County
Palm Beach
Days on market
177
MLS listing ID
B26006016
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

$157

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.1%
Gross yield
15.1%
Mortgage payment
$782/mo
Down payment
$41,225
Loan amount
$123,675
Annual NOI
$11,270

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