305-609-4190
5577 Ainsley Court, Boynton Beach FL 33437
Active Single Family Residence Waterfront

5577 Ainsley Court, Boynton Beach FL 33437

Boynton Beach, FL, 33437

$365,000

Est. $1,846/mo (20% down)

2
Beds
2
Baths
1,430
Sq Ft
1978
Year Built
Lot Sq Ft
2
Garage

Photo Gallery (30 photos)

About This Property

This is a smartly renovated 2-bedroom, 2-bathroom single-family residence in Villas of Monterey at Indian Spring. It offers 1,430 square feet of beautifully designed living space in one story. The golf course location enhances the appeal of this property, which also has a serene lakefront view. A 2-car garage offers secure parking and convenient storage. Total impact windows and doors were a $24K investment, as part of $50K worth of updating since 2022, to meet today's standards, including $8K in plantation shutters. The community pool is a short walk away, adding appeal to the maintained landscape. Indian Spring has 24/7 manned security gates and is recognized as a low HOA Country Club community with non-mandatory but affordable membership which can include a second country club nearby A one-time capital contribution of $1708 upon sale. Villas of Monterey HOA of $235 per month, + master association fee of $683 per quarter totals 405.75 monthly.

Property Details

MLS #

B26069992

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1978

Stories

1

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$255

HOA Fee

$235/mo

Est. Insurance

$122/mo

Tax Year

2025

Tax Amount

$5,221

Garage

2 Car

Lot Size

MLS Area

Villas Of Monterey At Indi

Subdivision

VILLAS OF MONTEREY AT INDI,Indian Spring

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$2,555
Est. Monthly Rent
-2.5%
Cap Rate
-12.4%
Cash-on-Cash
$-9,030
Net Operating Income

ROI Projections (4% Annual Appreciation)

46%
5-Year ROI
Value: $444,078
116%
10-Year ROI
Value: $540,289
215%
15-Year ROI
Value: $657,344

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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