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$50,000
● Condo - Off Market

#E

Delray Beach, FL
bedrooms
1 Bed
bathrooms
2 Baths, 1 Half Bath
$81,763
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Check out this villa style condo in the heart of Delray Beach. 15 minutes from the beach, downtown Delray, central to the turnpike.

No elevators, no upstairs neighbors!

Kings point has amenities galore! Tennis, pool, courtesy buses, card room, cafe, performances, group trips, and more!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$61
HOA Dues
$388
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #F10189893)

Price History

Date / Event Date Event Price
Dec 3, 2019 Sold
Premium
Sold
Aug 15, 2019 Listed by Skye Louis Realty Inc $55,900
Listed by Skye Louis Realty Inc

Property Highlights

Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: First Floor Entry
Appliances: Electric Range
Flooring Type: Carpeted Floors, Ceramic Floor
Exterior Details
Listing Terms: Cash, Conventional
Construction Type: Concrete Block Construction
Exterior Features: Patio
Financial Details
Total Taxes: $735
Tax Year: 2018
Possession Information: Other
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: West of Jog Road off of Atlantic ave.
Subdivision Complex Building: Kings Point
HOA Details
HOA Fee: $388 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: lauren Laski
Skye Louis Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10189893
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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