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Palm Valley 32082 Palm Valley
253 WATER'S EDGE Drive
$525,000
● House - Off Market

253 WATER'S EDGE Drive

Ponte Vedra Beach, FL 32082
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,789 Ft²
$722,479
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Have you been looking for the right opportunity to purchase in Sawgrass? Look no further!  You've found the perfect home in TPC, a gated community.  It's located on a peaceful street that makes a loop, with no through traffic. This 4 bedroom, 3 bath home has plenty of space and is situated on the water. You will love the open floor plan and beautiful tile floors. The large kitchen was just upgraded with new stainless steel appliances. The back of the house is lined with stunning windows to let in the natural light and give the perfect view of the ducks swimming in the pond.  They can easily be replaced with French doors to be able to step out on a patio with plenty of room for a pool.  The roof was replaced in November of 2015.  Don't miss out on this opportunity, call today.
Unit Size
2,789 Ft²
Days on Market
-
Land Size
-
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
$154
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #1071690)

Price History

Date / Event Date Event Price
Jan 7, 2021 Sold
Premium
Sold
Sep 3, 2020 Listed by FLORIDA'S CHOICE REALTY LLC $549,900
Listed by FLORIDA'S CHOICE REALTY LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 522
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,374
  • Total Building Area: 3,033
  • Gross Building Area: 3,033
  • Building Area: 2,511
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,511
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERS EDGE
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 26/91-97 WATERS EDGE SUBD LOT 36 OR5146/8

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020705

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 109C
  • Parcel: 062081-2360
  • Lot: 36
  • Meridian: SEC 40 TWN 03S RNG 29E
  • Municipality: COUNTY
  • Latitude: 30.2086
  • Longitude: -81.4025

    Address

  • Full Address: 253 Waters Edge Dr S
  • Address - House Number: 253
  • Street Segment Direction: S
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ponte Vedra Beach
  • Carrier Code: H008
  • 4-Digit Zip Code: 2524
  • Zip Code: 32082

Valuation

    Tax

  • Total Area: 2,789
  • Tax Year: 2022
  • Tax Amount: $451,008
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 941,512
  • High Value: 1,097,170
  • Low Value: 785,853

    Market Valuation

  • Market Total Value: $654,179
  • Market Land Value: $162,400
  • Market Improvement Value: $491,779

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $373,259

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021002130
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:

$830,000

Sale Price/ft²

$387

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2767 ft²

Average Home Age

31.3 years

Currently For Sale

123 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

Rentals Near You

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Real MLS

Listed by: ERIKA KINSEL-ELLIOTT, FLORIDA'S CHOICE REALTY LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1071690
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 253 Water's Edge Drive built and last sold?
The property at 253 Water's Edge Drive was built in 1995 and last sold on Dec 30, 2020 for $525,000.
How much is this home worth?
The estimated value of the home located at 253 Water's Edge Drive is $0.
What are some comparable homes to 253 Water's Edge Drive?
There are currently no comparable homes to 253 Water's Edge Drive.
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