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Old 01-12-2014, 09:52 AM
 
Location: Delray Beach
1,136 posts, read 1,438,465 times
Reputation: 2510

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I have a friend who was thinking of purchasing a 2/2 condo in Kings Point in Delray Beach.

After the recent flooding there she is having second thoughts and is afraid that property values in this already very inexpensive community could see further declines.
We understand that some ground floor units were flooded in the recent heavy rains, so those condos will likely be harder to sell in the future.

She is however concerned about the potential impact on the value and saleability of second floor units.
Has anyone had any experience in this either directly or "through the grapevine"?
Does the HOA cover some renovations and do overall HOA fees suffer a rise?
The HOA fees at Kings Point are already at the upper end what she can afford so any info will be greatly appreciated.
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Old 01-12-2014, 10:15 AM
 
Location: Trinity Florida
7,930 posts, read 17,785,408 times
Reputation: 1997
Quote:
Originally Posted by tjarado View Post
I have a friend who was thinking of purchasing a 2/2 condo in Kings Point in Delray Beach.

After the recent flooding there she is having second thoughts and is afraid that property values in this already very inexpensive community could see further declines.
We understand that some ground floor units were flooded in the recent heavy rains, so those condos will likely be harder to sell in the future.

She is however concerned about the potential impact on the value and saleability of second floor units.
Has anyone had any experience in this either directly or "through the grapevine"?
Does the HOA cover some renovations and do overall HOA fees suffer a rise?
The HOA fees at Kings Point are already at the upper end what she can afford so any info will be greatly appreciated.
My parents section wasnt affected her friends were, they brought in plows to get rid of the water, there are units that were flooded, mom said they handled it well.....those by lake were affected since the lake over flowed
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Old 01-12-2014, 12:01 PM
 
10,180 posts, read 12,231,385 times
Reputation: 14037
Rain was insane.....Mercedes of Delray got 40 flood cars towed in Friday morning
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Old 06-29-2017, 12:29 PM
 
1 posts, read 1,133 times
Reputation: 10
Default Floodin at Kings Point

Quote:
Originally Posted by Swimmom32 View Post
My parents section wasnt affected her friends were, they brought in plows to get rid of the water, there are units that were flooded, mom said they handled it well.....those by lake were affected since the lake over flowed
Hi-You mentioned that your parent's section was not affected. Can you please tell me what section this is?

I am looking for a condo in KP and want to make sure we are not purchasing in the areas that may flood!

Thanks for your help!
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Old 06-30-2017, 08:09 PM
 
Location: Trinity Florida
7,930 posts, read 17,785,408 times
Reputation: 1997
My parents are in The Brittany section
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