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Palm Valley 32082 Palm Valley
284 PAYASADA Circle
$1,000,000
● House - Off Market

284 PAYASADA Circle

Ponte Vedra Beach, FL 32082
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4,528 Ft²
$1,703,843
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Brand NEW Coastal Contemporary custom home!  Highly evolved and popular open floor plan with master suite and guest suite downstairs, with 4 bedrooms (one can be considered a bonus room) and 3 baths upstairs.  One of two HUGE lots (corner lot) left in Payasada (120 x 160 appx) with beautiful yard and landscaping- plenty of room for a pool.  Level 5 finished ceilings throughout, painted brick fireplace and surround, custom cabinets with carrara marble tops in kitchen and solid surface throughout.  Carpeted bedrooms and bonus/upstairs, all other beautiful hardwood floors. Tankless Rinnai hot water heaters. Epoxy floored garage.  Includes one year full home warranty, $2,500 refrigerator allowance, and $5,000 specialty lighting allowance.
Unit Size
4,528 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
2016

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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: 3 years ago (Real MLS #853925)

Price History

Date / Event Date Event Price
Apr 4, 2017 Sold
Premium
Sold
Nov 3, 2016 Listed by SPOHRER REALTY GROUP $1,045,000
Listed by SPOHRER REALTY GROUP
Oct 6, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 25
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 880
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,730
  • Total Building Area: 5,440
  • Gross Building Area: 5,789
  • Building Area: 4,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAYASADA
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: 55/19-30 PAYASADA ESTATES LOT 21 OR4353/1322

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 110D
  • Parcel: 066391-0210
  • Lot: 21
  • Meridian: SEC 04 TWN 04S RNG 29E
  • Municipality: COUNTY
  • Latitude: 30.1819
  • Longitude: -81.393

    Address

  • Full Address: 284 Payasada Cir
  • Address - House Number: 284
  • Address - Street Name: Payasada
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Ponte Vedra Beach
  • Carrier Code: R005
  • 4-Digit Zip Code: 4643
  • Zip Code: 32082

Valuation

    Tax

  • Total Area: 5,171
  • Tax Year: 2022
  • Tax Amount: $1,463,899
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 1,752,644
  • High Value: 2,049,297
  • Low Value: 1,455,991

    Market Valuation

  • Market Total Value: $1,194,055
  • Market Land Value: $296,800
  • Market Improvement Value: $897,255

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,194,055
  • Assessed Land Value: $296,800
  • Assessed Improvements Value: $897,255

    Sales

  • Current Sale Contract Date: Apr 03, 2017
  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017023194
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Contract Date: Oct 05, 2015
  • Previous Sale Amount: $275,000
  • 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 43 Tifton Way N, FL, 32082

$3,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,415 ft²
43 Tifton Way N, FL, 32082 Listing by TRACY NOTTINGHAM
Unit for rent at 743 Spinnakers Reach Drive, Ponte Vedra Beach, FL, 32082

$3,500 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
743 Spinnakers Reach Drive, Ponte Vedra Beach, FL, 32082 Listing by DANA MEYER

Rentals Near You

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

Listed by: BLAKE DEAL, SPOHRER REALTY GROUP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 853925
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 284 Payasada Circle built and last sold?
The property at 284 Payasada Circle was built in 2016 and last sold on Apr 3, 2017 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 284 Payasada Circle is $0.
What are some comparable homes to 284 Payasada Circle?
There are currently no comparable homes to 284 Payasada Circle.
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