251 Monaco Way, Delray Beach, FL 33446 — MLS photo

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251 Monaco Way, Delray Beach, FL 33446

Active · Condominium

$68,000

251 Monaco Way, Delray Beach, FL 33446

Beds
1
Baths
2
Living area
720 sq ft
$ / sq ft
$94/sq ft
Year built
1974
Lot size
—
HOA fee
$741 Monthly
Annual tax
$1,425

About this property

Motivated Seller! Welcome to this beautifully maintained condo in one of South Florida's most sought-after 55+ resort-style communities, where comfort, convenience, and an active lifestyle come together. This spacious residence features an open layout filled with natural light, creating a bright and inviting living space. Features include new updated cabinetry and updated bathroom- ready to move in! Enjoy a true resort experience with access to three stunning clubhouses, two 18-hole golf courses, an expansive aquatic center with indoor and outdoor pools, state-of-the-art fitness centers, tennis courts, library, billiards, full-service salon, on-site dining, theater, and more. Experience the perfect blend of relaxation and activity—live the lifestyle you've been waiting for!

Property location

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251 Monaco Way, Delray Beach, FL 33446

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
720 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Refrigerator, Solar Hot Water, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Entrance Foyer, Main Level Primary
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
2
Lot size
0 sq ft
Roof
Composition, Concrete
Pool
None, Heated
Waterfront
Other

Parking

Covered spaces
0
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$741 Monthly
Fee inclusions
Roof, Water
Amenities
Clubhouse, Controlled Access, Fitness Center, Maintenance, Other, Pool, Shuffleboard Court, Tennis Courts, Transportation Service
Security
Security Gate
Pets allowed
No
Annual tax
$1,425
Subdivision
KINGS POINT MONACO CONDOS
County
Palm Beach
Days on market
159
MLS listing ID
B26023285
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

$53

Cap rate
6.6%
Net yield
6.6%
Cash-on-cash return
3.3%
Gross yield
26.2%
Mortgage payment
$322/mo
Down payment
$17,000
Loan amount
$51,000
Annual NOI
$4,499

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