Discover refined Florida living in this beautifully positioned
lakefront estate in the sought-after community of Plantation Bay.
Ideally situated to capture tranquil water views and scenic golf
course vistas, this exceptional residence offers an unparalleled
blend of privacy, luxury and resort-inspired living. Designed for
elegant entertaining and everyday comfort, the home showcases an
impressive collection of amenities, including a private movie
theater, temperature-controlled wine cellar and a well-appointed
outdoor kitchen ideal for hosting gatherings throughout the year.
The outdoor living experience is extraordinary, featuring a
screened in-ground pool, relaxing spa, and a custom-crafted water
fountain that creates a tranquil setting overlooking the lake and
golf course. An expansive English garden extends the property with
vibrant landscaping and picturesque pathways, providing a sense of
serenity rarely found. Inside, thoughtfully designed living spaces
offer sophistication and functionality, while the estate-sized
homesite enhances the feeling of exclusivity. Residents enjoy peace
of mind of a gated community with 24-hour staffed security and
access to an extensive selection of amenities, including
championship golf, tennis, pickleball, fitness facilities, dining
venues, social clubs, and miles of scenic recreational and biking
routes. Whether enjoying a movie night with friends, selecting a
favorite vintage from the wine cellar, entertaining poolside from
the outdoor kitchen, or simply taking in the stunning lake and golf
course views, this remarkable property delivers an exceptional
Florida lifestyle. Conveniently near area beaches, shopping,
dining, healthcare services and major transportation corridors,
this distinguished estate represents a rare opportunity within one
of Ormond Beach's premier private communities.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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