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Palm Valley 32082 Palm Valley
116 SOLANO CAY Circle
$394,000
● House - Off Market

116 SOLANO CAY Circle

Ponte Vedra Beach, FL 32082
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,192 Ft²
$423,391
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Great new price! This one-story patio home is located in the middle of beautiful Ponte Vedra Beach. It's close to beach access -- perfect for daily shelling and shark's tooth hunts. Easily access JTB, restaurants, shops, A-rated schools. You'll be impressed with the many updates: new roof in 2017; new kitchen stainless appliances, water heater, HVAC and repiping in 2018, Luxury Vinyl Plank flooring (no carpet!). Bathrooms have cabinet and lighting updates. The deep, fenced back yard faces east, providing a refreshing oasis. On the side of the house, the sellers had a potting area for their many plants, creating a beautiful view from the kitchen/family room. The primary br has a cathedral ceiling, and so does the great room. The community pool is convenient for exercise or just cooling off! off!
Unit Size
1,192 Ft²
Days on Market
-
Land Size
-
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
$65
Year Built
1989

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Real MLS #1201713)

Price History

Date / Event Date Event Price
Jan 25, 2023 Sold
Premium
Sold
Nov 22, 2022 Listed by BERRY & CO. REAL ESTATE $399,950
Listed by BERRY & CO. REAL ESTATE
Sep 9, 2022 Listed by BERRY & CO. REAL ESTATE $449,000
Listed by BERRY & CO. REAL ESTATE
Nov 29, 2018 Sold
Premium
Sold
Jul 20, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 242
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,791
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 1,180
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,180
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOLANO CAY
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 21/75-78 SOLANO CAY LOT 60 OR4646/1519

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020707

Zoning

  • Zoning: PSD

Geography

  • Assessors Map Reference: 109A
  • Parcel: 052541-0600
  • Lot: 60
  • Meridian: SEC 21 TWN 03S RNG 29E
  • Municipality: COUNTY
  • Latitude: 30.2292
  • Longitude: -81.3898

    Address

  • Full Address: 116 Solano Cay Cir
  • Address - House Number: 116
  • Address - Street Name: Solano Cay
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Ponte Vedra Beach
  • Carrier Code: H016
  • 4-Digit Zip Code: 2235
  • Zip Code: 32082

Valuation

    Tax

  • Total Area: 1,313
  • Tax Year: 2022
  • Tax Amount: $276,689
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.0713
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 95
  • Final Value: 463,403
  • High Value: 496,464
  • Low Value: 430,341

    Market Valuation

  • Market Total Value: $320,305
  • Market Land Value: $84,000
  • Market Improvement Value: $236,305

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $237,049

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6075
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Contract Date: Nov 20, 2018
  • Previous Sale Amount: $277,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Valley

Stats & Trends

Median Asking:

$879,000

Sale Price/ft²

$389

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2585 ft²

Average Home Age

30.7 years

Currently For Sale

168 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 151 Rolando Court, Ponte Vedra Beach, FL, 32082

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,361 ft²
151 Rolando Court, Ponte Vedra Beach, FL, 32082 Listing by T ROSIE HETMAN

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: CLARE BERRY, BERRY & CO. REAL ESTATE
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1201713
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 116 Solano Cay Circle built and last sold?
The property at 116 Solano Cay Circle was built in 1989 and last sold on Jan 20, 2023 for $394,000.
How much is this home worth?
The estimated value of the home located at 116 Solano Cay Circle is $0.
What are some comparable homes to 116 Solano Cay Circle?
There are currently no comparable homes to 116 Solano Cay Circle.
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