Condo / High-rise home in Delray Beach, FL
Set in Delray Beach, FL, this Condo condo provides 1 bedroom and 1.5 bathrooms across 760 square feet. The Condo styling carries through the home's design.
| Price | $54,900 |
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| Beds | 1 |
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| Baths | 1.5 |
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| Sqft | 760 |
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| Architectural style | Condo / High-rise (85% match) |
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| Address | 192 Flanders Drive, Delray Beach, FL 33484 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $55K, this home is 76% below the $225K median for 415 similar Condo / High-rise homes in Delray Beach, FL.
- That works out to $72 per square foot, 65% below the $206 comparable rate.
- On the market 88 days, longer than usual here, so the seller may be open to offers.
| This home | $54,900 |
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| Condo / High-rise median in Delray Beach, FL | $225,000 (415 homes) |
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| Price per sq ft | $72 vs. $206 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $363/month with 20% down at a 7.28% 30-year fixed rate. You would need about $15,545 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $301/mo |
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| Property tax (new-buyer reassessed rate) | $42/mo |
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| Homeowners insurance | $21/mo |
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| Total monthly | $363/mo |
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| Down payment (20%) | $10,980 |
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| Income needed | $15,545/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (74 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (74/100) |
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| Beats renting in | 37% of modeled paths |
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| Modeled 5-yr equity (median) | $30,036 |
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| Range (10th to 90th pct) | $18,487 to $43,279 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia