94 BAY LAKE DRIVE
About This Property
Step inside to a welcoming foyer with elegant architectural pillars that frame a desirable split floor plan, providing privacy between the spacious primary suite and guest bedrooms. The home features tile flooring throughout the main living areas and newer carpet in all three bedrooms. Multiple living spaces include a formal dining room, a generous living room, and a cozy family room highlighted by a fireplace-ideal for both relaxing and entertaining.
The updated kitchen is designed to impress, featuring new cabinetry, granite countertops, and newer appliances, along with a bright breakfast nook overlooking the outdoor living space. Sliding glass doors from the primary suite and breakfast area lead to a large covered lanai.
Enjoy true Florida living outdoors with a screened-in, heated pool and spa overlooking a tranquil lake-perfect for year-round enjoyment and entertaining. The beautifully landscaped lot adds to the home's curb appeal and peaceful setting.
Recent updates include a new roof (2023), appliances (2023), HVAC (2017), hot water heater (2024), and windows replaced in 2018. Additional features include a portable generator, gutters, a laundry room with utility sink, and window treatments throughout, including plantation shutters on the front windows, pull down privacy shade screen on lanai. A buried propane tank (rented at approximately $80/year) adds convenience and efficiency.
Existing furniture is included, making this a truly turnkey opportunity.
This home is situated in the highly desirable golf-cart-friendly community of Plantation Bay, where lifestyle truly shines. Optional country club membership offers 45 holes of private golf, a brand-new $30 million clubhouse, tennis and pickleball courts, resort-style pools, fitness center, spa, and more. Pool heater does not work.
Bonus: Buyer receives a discounted country club initiation fee – ask for details!
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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%.
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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Relisted | $499,995 | |
| Relisted | |||
| May 18, 2026 | No longer available | - | |
| No longer available | |||
| May 6, 2026 | Price Decreased |
$499,995
↓ $15K
(2.9%) | |
| Price Decreased | |||
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About Flagler
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017