How flood-damaged was Kings Point in Delray Beach? (HOA fees, condos)

[tjarado]

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.

[Swimmom32]

Originally Posted by tjarado

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

[City Guy997S]

Rain was insane.....Mercedes of Delray got 40 flood cars towed in Friday morning

[forbinsascent]

Originally Posted by Swimmom32

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!

[Swimmom32]

My parents are in The Brittany section