Kings Point is a great 55+ community where just yesterday we closed on a transaction for a wonderful couple from the northeast. For $22,000 they got a very nice furnished unit in good condition. There are a number of different associations within the community and most require that you own the property for two years before leasing however there is at least one that allows it after 1 year.
For those looking for an inexpensive place in the sun for a very, very good price the amenities and location of Kings Point cannot be beat and there are great deals out there in today's market. Association approval took almost the entire 30 days so keep that in mind.
If you would like any information on available units in the community please feel free to contact me at your convenience and I would be very happy to be of assistance. If you are looking for investment opportunities you cannot find a better place to invest as many condos in the greater West Palm Beach area in the $40,000 to $125,000 price range are providing a relatively safe investment vehicle to gross in excess of 10% for those looking to hold for a minimum of 4 to 5 years.
If there is anything I can do to be of help with any of your local real estate needs please let me know.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
By the way, I know someone who lived in Kings Point. When he died he left an estate of over 4 million.
Realty Hub, Inc.