542 Monaco L Way, Delray Beach, FL, 33446 | $66,800

ready to move into TURNKEY. . . ground floor 1/1. 5 unit in Monaco 'L' Very, very clean unit with updated kitchen and bathrooms. Nice neutral colored tiled flooring throughout, except for the berber carpeted primary bedroom. The kitchen boasts of stainless appl. 's with white cabinetry and white subway tiled backsplash. Bright blue tiled countertops. Additional storage cabinetry as well in that kitchen. Patio is enclosed with roll-down shutters and slider windows above that face morning sun east exposure. Park directly behind your unit and bring the groceries directly throught the patio door. No need to walk around here! Located very close to the Monaco pool and Clubhouse which houses the fabulous Bistro Restaurant (lunch and dinner). Not far from the Monaco entrance off Jog rd.

Features

  • Parking: Assigned, Deeded, Guest
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Levels: 2
  • Amenities: Basketball Court, Billiard Room, Fitness Center, Game Room, Indoor Pool, Sauna, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Workshop Area, Bocce Ball, Cafe/Restaurant, Courtesy Bus, Library, Pickleball Court(s)
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Laundry: Laundry Closet
  • Complex: Kings Point
  • Development: Kings Point
  • Year Built: 1974
  • Common Charge: $649 Monthly
  • Approx Sq. Feet: 726
  • Est. Taxes: $619
  • View: Garden
  • Adult Communities: Yes
  • Elem. School: Orchard View
  • Middle School: Carver Community
  • High School: Spanish River
  • Pet Policy: No
  • Appliances: Electric Water Heater, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: B26006597
  • Website: https://www.raveis.com
    /prop/B26006597/542monacolway_delraybeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Team KinchlaSales Associates

508.274.7000

TeamKinchla@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

542 Monaco L Way, Delray Beach, FL, 33446

$66,800

Team Kinchla

Sales Associates

William Raveis Real Estate

Phone: 508.274.7000

TeamKinchla@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $53,440 $53,440 $53,440
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.866%
Monthly Tax Payment $52 $52 $52
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $320 $333 $440
Total Monthly Payment $447 $460 $567

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.