56
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654 Pine Lake Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Listed by Compass Florida LLC | $1,995,000 | |
| Listed by Compass Florida LLC | |||
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Located in the prestigious Seagate Country Club, this exceptional golf course estate offers direct access to the fairway and an unmatched blend of space, privacy, and indoor-outdoor living. Set on a beautifully positioned lot, the home features a circular driveway, grand covered entry, and over 4,100 total square feet. Inside, soaring vaulted ceilings, skylights, and expansive living areas create a bright and open feel, complemented by 24x24 tile flooring throughout. The living room is anchored by a wet bar, perfect for entertaining, while the kitchen is equipped with a double oven, center island, and picturesque pool and golf course views. The spacious primary suite has been thoughtfully renovated and includes two walk-in closets. A second bedroom functions as a private suite with direct access to the patio and pool, while the third bedroom offers flexibility as a guest room or office. Step outside to a fully fenced, private backyard designed for true Florida living. The 30-foot pool, expansive patio, and sundeck overlook the golf course with direct access, creating a rare opportunity for both relaxation and recreation. Additional features include a 2-car garage, laundry closet with utility sink, solar-powered hot water system, water filtration system, and updated mechanicals including A/C handlers (2019) and water heater (2021). A unique opportunity to own a golf course property with exceptional outdoor space in one of Delray Beach's most sought-after communities.
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| Apr 28, 2026 | Price Decreased |
$2,200,000
↓ $272K
(11%) | |
| Price Decreased | |||
| Nov 28, 2025 | Listed by Fortune Christie's Internation | $2,472,000 | |
| Listed by Fortune Christie's Internation | |||
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About Hamlet Contry Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017