Kings Point Monaco Condos
Homes for Sale in Delray Beach, FL

Kings Point Monaco Condos market snapshot (as of July 15, 2026): the median sale price is about $72K ($90 per sq ft over the trailing 12 months of closed sales), and a median 55 days on market for closed sales. The trailing-12-month median is down 22% from the prior 12 months, computed from record-level Beaches MLS closed sales (20 closings in the current window).

Kings Point Monaco is a value-oriented condo community in Delray Beach where low per-square-foot pricing reflects older construction and condition variability, not location weakness. The market has corrected significantly in the past year, creating opportunity for cash-focused buyers willing to evaluate individual units carefully.

The median price of $71,750 and median price per square foot of $89.90 make Kings Point Monaco one of the most affordable condo options in Palm Beach County. This is older housing stock, and the price reflects it: what you're buying is access to Delray Beach at a fraction of the cost of newer coastal developments. The trade-off is that condition varies widely unit to unit—some are move-in ready after recent updates, others need full cosmetic overhauls—and there is no uniformity of finish or expectation walking through the building.

The 21.6 percent year-over-year price decline is real and material. It represents a market that overheated and has since corrected as interest rates rose and speculative demand evaporated. The median 55 days on market and low heat score confirm this is not a hot pocket: inventory is available, showings are selective, and negotiation is back in play. Buyers with cash or strong financing can move deliberately and press on price if a unit has deferred maintenance or has sat longer than the median.

MLS data did not surface dedicated community amenities for Monaco specifically, which is consistent with older, no-frills condo communities built before the amenity arms race. You're buying shelter and location, not a pool complex or clubhouse. For some buyers—particularly investors, snowbirds seeking a winter perch, or retirees on fixed income—that's exactly the profile they want. For others expecting resort-style living, it's a mismatch from the start.

In a building where condition is everything and the listing price may or may not reflect deferred maintenance, you need representation that walks units with a critical eye and pulls accurate comps by floor, view, and update level. Momentum's agents know how to price older condo inventory in correction cycles, when to write aggressive offers, and when to walk away from a unit that photographs better than it shows. We will tell you what the HOA financials mean, what special assessments may be coming, and whether the building is well-managed or drifting. In a market this soft, the right broker saves you more than the commission in the first negotiation.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.