Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 760 sq ft
Active · Condominium
$90,000
415 Normandy Lane I, Delray Beach, FL 33484
- Beds
- 1
- Baths
- 2
- Living area
- 760 sq ft
- $ / sq ft
- $118/sq ft
- Year built
- 1978
- Lot size
- —
- HOA fee
- $716
- Annual tax
- —
About this property
The price is negotiable. Beautifully updated 2nd-floor condo featuring 1 bedroom and 1.5 baths in the highly desirable Kings Point 55+ community. This move-in-ready residence offers updated finishes, newer appliances, and a bright, comfortable living space. Enjoy resort-style living with access to exceptional amenities, including swimming pools, golf courses, fitness centers, theaters, classes, social activities, and three clubhouses. Residents also enjoy two on-site restaurants and a vibrant, active lifestyle. Conveniently located near shopping, dining, beautiful beaches, nature preserves, and the popular Atlantic Avenue district. Seller will pay Kings Point capital contribution of $2,000 and give buyer $1,000 for closing cost. No leasing permitted during the first years of ownership.
Property location
Get Directions415 Normandy Lane I, Delray Beach, FL 33484
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1978
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $716
- County
- Palm Beach
- MLS listing ID
- B26035161
- 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
$69
- Cap rate
- 6.6%
- Net yield
- 6.6%
- Cash-on-cash return
- 3.3%
- Gross yield
- 21.5%
- Mortgage payment
- $427/mo
- Down payment
- $22,500
- Loan amount
- $67,500
- Annual NOI
- $5,951
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.