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"Baywatch" bombshell Erika Eleniak is riding a whole new wave — and cashing in.

The actress, who famously patrolled the beaches of Southern California in the hit '90s series, has raked in nearly $300,000 in just three months on OnlyFans — putting her on pace to make roughly $1 million during her first year on the subscription platform, TMZ reported .

Eleniak played lifeguard Shauni McClain on "Baywatch" from 1989 to 1992, becoming one of the show's original stars.

‘AMERICAN PIE’ ALUM SHANNON ELIZABETH TURNS TO ONLYFANS FOR ‘FRESH START’ AS DIVORCE UNFOLDS

Erika Eleniak appears in "Baywatch: Nightmare Bay," a 1991 television film directed by Gregory J. Bonann. (Alamy Stock Photo)

"When I first thought about joining OnlyFans , I honestly believed I was going to hate it," Eleniak told Fox News Digital. "But I have to tell you, I absolutely love it.…