50
Map
649 Masters Way
About This Property
Lake View Renovation Opportunity - Create Your Dream Home or High-Potential Investment
Now offered at a $40,000 price reduction, this 3-bedroom, 3.5-bath home in the prestigious, manned-gated Eagleton community of PGA National presents an incredible opportunity to renovate and personalize in a truly prime location.
Enjoy picturesque lake views and a thoughtfully designed floor plan featuring a spacious first-floor primary suite for privacy and comfort, two additional upstairs bedrooms (including one en-suite), and a versatile loft area-perfect for a home office, library, or creative retreat.
The light-filled living room, accentuated by a striking transom window, creates an airy and inviting atmosphere ideal for both everyday living and entertaining. With highly desirable southern exposure, the home is bathed in natural light throughout the day and offers tranquil lake views from the backyard. Additional features include accordion shutters for easy storm protection and peace of mind. As part of this exclusive enclave, you'll also have the option (voluntary) to join the renowned PGA National Resort, offering world-class golf, fine dining, spa experiences, and a variety of membership levels to suit your lifestyle. Whether you're looking to transform this home into your personal sanctuary or capitalize on its investment potential, this is a rare chance to own in one of Palm Beach County's most sought-after communitiesat an unbeatable value.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Price Decreased |
$719,000
↓ $41K
(5.4%) | |
| Price Decreased | |||
| May 4, 2025 | Price Decreased |
$759,900
↓ $19K
(2.5%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by Compass Florida LLC | $779,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About PGA Resort Community
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 2 Beds
- 2 Baths
- 1,488 ft²
$3,050 /mo
- 3 Beds
- 3 Baths
- 1,488 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017