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KINGS POINT--SUPER ACTIVE ADULT COMMUNITY (55+). Boasting a desirable location in the dynamic Kings Point community of Delray Beach, Florida, 429 Flanders I makes a striking statement with elegant interior design and convenience. This recently renovated condominium showcases the perfect fusion of comfort and refinement, optimally designed for an engaging and active adult lifestyle. The meticulously renovated interiors are awash in a palette of cool 32x32 porcelain tiles, with contemporary charm exuding from every corner of the extensive unit. The removal of the outdated popcorn ceiling and its replacement with smooth, modern tile create a neat, seamless aesthetic throughout the entire living space. The heart of this beautiful home is its spacious, fully equipped kitchen. Furnished with gleaming stainless-steel appliances set against the warmth and richness of genuine wood cabinets, the open-concept kitchen commands attention. This culinary haven comes complete with eye-catching granite countertops, a tasteful tile backsplash, an abundance of custom-designed pantry storage, and a sizable island that amplifies preparation and storage space for seamless hosting and entertaining. In addition to abundant natural light, each of the two distinctive bedrooms enjoys the added ambiance of overhead lighting and a capacious built-in walk-in closet. These restful sanctuaries invite tranquility through their generously proportioned spaces. Elegance continues into the bathrooms, each featuring glass-enclosed, step-down showers adorned with tasteful tile. Enhanced by elevated toilets and breathtaking countertops that complement the quality vanities, the bathrooms offer a spa-like retreat within this exquisite condominium. 429 Flanders I exemplifies the intersection of sleek, modern appliances and stunning fixtures, with captivating views of the surroundings. Its presence underscores an unparalleled condo living experience, a testament to the balance of luxe, activity, and an embracing community. Crafted for those seeking an established community, this property sets the standard for inclusive, inspiring living. Uncover the numerous resort-style amenities within the boundaries of the Kings Point community. A spacious, welcoming clubhouse fosters social interaction, while tennis and pickleball courts add a fitness element to your vibrant lifestyle. This robust set of amenities also includes a bus service, a community swimming pool, and access to two meticulously curated 18-hole golf courses. Two inviting clubhouses, the Main and Monaco, contain the East End Café and The Bistro, where delicious flavors await to satisfy your culinary cravings. Experience the enticing Delray Beach lifestyle to its fullest. The proximity to the beach, coupled with access to vibrant downtown attractions, upscale shopping venues, and recreational facilities, makes 429 Flanders I an impeccable base that strikes an ideal balance between tranquillity and dynamic living. In essence, this property offers a haven of leisure, where the allure of beachside living intertwines with the vibrant rhythm of Delray Beach life, inviting you to redefine what home means. THE BUYER PAYS ONE-TIME CAPITAL CONTRIBUTION--$2, 000. MONTHLY HOA--$863, INCLUDES BASIC CABLE (COMCAST). NO RENTALS FOR THE FIRST 2 YEARS OF OWNERSHIP.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $119,920 | $119,920 | $119,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $128 | $128 | $128 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $729 | $757 | $996 |
| Total Monthly Payment | $932 | $960 | $1,199 |
* 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.