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615 LUCAYA LOOP
About This Property
The unit features a bright open floor plan, updated appliances, and a peaceful private patio perfect for relaxing after a day at the parks. Bahama Bay is a gated resort community with 24-hour security and exceptional amenities, including multiple pools, hot tub, poolside bar & grill, clubhouse, fitness center, tennis courts, sauna/steam room, game room, business center, lake with fishing dock, and beautifully maintained grounds.
Ideal for investors or second-home buyers seeking a prime location, resort lifestyle, and strong rental potential. Schedule your showing today before this opportunity is gone!
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2026 | Price Decreased |
$215,000
↓ $25K
(10.4%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by COMPASS FLORIDA, LLC | $239,900 | |
| Listed by COMPASS FLORIDA, LLC | |||
| Jul 8, 2017 | Listed | $88,000 | |
| Listed | |||
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This is a silver level unit. This community is zoned for short term rental. Bahama Bay Resort can be found nestled on the banks of Lake Davenport. The resort complex offers superior facilities within ten minutes of Disney World and all other major attractions Central Florida has to offer. The 24 hour gated and guarded resort offers its owners and their guests facilities which are worthy of a first class resort. Its Caribbean style buildings, lush landscaping and breathtaking views over Lake Davenport will make it hard to leave. The community has first class facilities including a restaurant, Walking Trails, Tennis Courts, Volleyball, Basketball, Four Heated Pools some with their own in ground spa, Direct access onto Lake Davenport, Sandy Beach and Fishing Dock, Club house with gym and movie theater, Splash area for kids and barbecues. Loans can be arranged in this community.The manager has listed the unit size as 1227 square feet.
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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017