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505 Monaco K, Delray Beach, FL 33446
Under Contract
149 Days on Market
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How this price compares

Asking price
$99,000
Price per sq ft
$113
Original price
$114,900
Days on market
149

This 2-bedroom condo in Kings Point Monaco Condos went under contract with an asking price of $99,000, or $113 per square foot. The asking price has come down 13.8% from its original $114,900. It spent 149 days on the market before going under contract.

2
Bedrooms
2
Bathrooms
880
Living Sq Ft
1974
Year Built

Estimated monthly payment

$520 /mo

Principal and interest only, based on $19,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $816/mo HOA are not included.

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Listing Snapshot

Price
$99,000
Days on Site
149 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
880 sqft
Total Sq Ft
988 sqft
Year Built
1974
Property Type
Condo
MLS #
R11169679
Property Tax
$912 (2025)
HOA Fees
$816 / Monthly
Subdivision
KINGS POINT MONACO CONDOS
Development
Kings Point
County
Palm Beach
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

Welcome to this bright and well-maintained 2-bedroom, 2-bathroom second-floor end-unit condo located in the Monaco K subdivision of Kings Point in Delray Beach. This inviting unit features laminate wood flooring throughout, an updated kitchen with shaker-style cabinets, and nicely remodeled bathrooms. Additional improvements include a new electrical panel and new FPL disconnect, offering added peace of mind. The roof was replaced in 2025. Monthly maintenance is $816 and includes cable. A one-time $2,000 capital contribution is due at application submission. Rentals are permitted after 2 years of ownership. Pets are not permitted. The Monaco Clubhouse is just a short walk away! Residents of Kings Point enjoy an active 55+ lifestyle with exceptional amenities including three clubhouse multiple swimming pools, a natatorium, fitness center, theater, golf courses, tennis, pickleball, shuffleboard, bocce ball, racquetball, basketball, restaurants, salon, and a wide variety of clubs and activities. Can be sold partially furnished or furniture can be removed. INFORMATION HEREIN NOT GUARANTEED AND SUBJECT TO ERRORS & OMISSIONS. ALL MEASUREMENTS APPROXIMATE.

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General Features

Property Type
Condo
Status
Under Contract
Year Built
1974
Property Condition
Resale / Updated Remodeled
Number of Stories
2
Levels
One
Parking
Assigned / Guest
Direction Faces
West
Lot Size (Acres)
0
Living Sq Ft
880
Total Sq Ft
988
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
Res

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Laminate / Tile
Interior Features
Kitchen Dining Combo / None / Stacked Bedrooms / Walk In Closets
Laundry
Washer Hookup / Laundry Closet / In Unit / Washer Dryer Install Allowed
Windows
Blinds
Main Level Bedrooms
2
Main Level Baths
2
Furnished
Partially

Exterior Features

Construction
Modular Prefab / Stucco
Roof
Flat
Exterior Features
Outdoor Living Area / Porch
Architectural Style
Traditional
Pool Features
Association / Heated
Patio & Porch
Porch / Screened
Waterfront Features
None

Community & HOA

HOA Fee
$816 / Monthly
HOA Name
Vesta Property Services
HOA Includes
Common Areas / Cable Tv / Insurance / Maintenance Grounds / Roof
Association Amenities
Billiard Room / Clubhouse / Elevators / Fitness Center / Golf Course / Indoor Pool / Library / Maintenance / Pickleball / Pool / Recreation Facilities / Restaurant / Shuffleboard Court / Spa Hot Tub / Security / Tennis Courts / Transportation Service
Community Features
Gated
Security
Gated With Guard / Gated Community
Utilities
Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Boats / No Motorcycles / No Rv
MLS Area
4640

This home's HOA fee works out to $816 a month, 16% above the $704 median across 26 homes for sale in Kings Point Monaco Condos. See Kings Point Monaco Condos HOA fees

Kings Point Monaco is an age-restricted 55+ community in Delray Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $89,500 to $134,900. At least one resident per home must be 55 or older. Pure Equity lists homes in Kings Point Monaco and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
26
Median List Price
$97,000
Median $/Sq Ft
$125
Avg Days on Market
99
View all 26 homes for sale in Kings Point Monaco →
How do I schedule a tour of 505 Monaco K, Delray Beach, FL 33446?
Use the Tour button on this listing to request a showing of 505 Monaco K, Delray Beach, FL 33446. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 505 Monaco K, Delray Beach, FL 33446 still available?
505 Monaco K, Delray Beach, FL 33446 is currently listed as Under Contract, and has been on the market 149 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 505 Monaco K, Delray Beach, FL 33446?
With 20% down ($19,800) on the $99,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 505 Monaco K, Delray Beach, FL 33446 is about $520/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 505 Monaco K, Delray Beach, FL 33446?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 505 Monaco K, Delray Beach, FL 33446. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 505 Monaco K, Delray Beach, FL 33446 have an HOA fee?
Yes: 505 Monaco K, Delray Beach, FL 33446 carries an HOA fee of about $816 monthly (Vesta Property Services). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 505 Monaco K, Delray Beach, FL 33446?
Often, yes. The right offer on 505 Monaco K, Delray Beach, FL 33446 depends on how it's priced against comparable condo sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Coldwell Banker Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Dana Demos, Coldwell Banker Realty

Recently sold homes in Kings Point Monaco Condos

These are the last 5 recorded closings in Kings Point Monaco Condos, with the price each home actually sold for rather than what it was listed at. They closed at a median of $82 per square foot. The most recent closed on September 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Kings Point Monaco Condos or find out what your Kings Point Monaco Condos home is worth.

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