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137 WALTER Way
About This Property
Majestic, centuries-old Live Oak trees dot the landscape creating a serene, park-like setting. The community is surrounded by long-established neighborhoods of $1M-$3M+ luxury homes, yet remains free of HOA fees, CDD fees, and overly restrictive architectural controls - giving you exceptional freedom to create exactly
the estate you envision.
In only a few steps from your new residence is a county-maintained sidewalk that directly connects you to many awesome nearby destinations in Ponte Vedra Beach including a public BEACH at Mickler's Landing, a YMCA gym, Publix grocery store, Vincenzo's Cucina italian eatery, the recently renovated Ponte Vedra Concert Hall, numerous cafes and other restaurants.
If you have school aged children, the A-rated neighborhood public schools Ocean Palms Elementary and Landrum Middle School are also only a short walk/bike ride away and this property is zoned for nationally top ranked Ponte Vedra High School.
Homes are to be served by Saint Johns County water utility and Beaches Energy for electricity. No sewer fees - private septic service to be installed by builder. Flood insurance is not mandatory given the property's X-shaded FEMA flood zone designation.
A building services agreement with Fox Signature Homes is required for purchase. Call for more details!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Dec 1, 2025 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $995,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| Mar 29, 2025 | Listed | $995,000 | |
| Listed | |||
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Unique opportunity to custom build a dream home on a beautiful 1.04-acre homesite in the heart of Ponte Vedra Beach, Florida. Nestled among majestic Live Oaks, this 140' x 325' estate lot offers unparalleled privacy and serenity.
No HOA or CDD fees. Access to be provided via new private road.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017