129 SUMMERFIELD Drive
About This Property
Coastal Charm in Ponte Vedra Beach!
Welcome to 129 Summerfield, a beautifully updated 4-bedroom, 2-bathroom home in the highly sought-after Ponte Vedra Beach community. This spacious open floor plan is designed for both comfort and style.
The kitchen features modern appliances, granite countertops, and ample cabinetry, making it perfect for cooking and entertaining. The primary suite is a relaxing retreat, complete with an ensuite bath, while three additional bedrooms provide plenty of space for family or guests.
Step outside to enjoy the expansive backyard, offering endless possibilities-plenty of room for a pool.
Located in a highly desirable neighborhood, this home is within walking distance to the beach and just minutes from top-rated schools, shopping, dining, and golf courses. Whether you're seeking a full-time residence or the perfect vacation retreat, don't let this one slip away! Ask about our Preferred Membership to Gate Hospitality - Ponte Vedra Inn & Club, The Lodge & Club, Epping Forest, and The River Club.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Relisted | $935,000 | |
| Relisted | |||
| Apr 11, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 10, 2025 | Relisted | $935,000 | |
| Relisted | |||
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About Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017