324 PABLO Road
About This Property
on this homesite held by a local family for years. Super-desirable location, lot size and lot dimensions for your new home near Ponte Vedra Inn & Club and the glorious beaches of Northeast Florida! If you plan to build your custom home in Old Ponte Vedra, this is the only golf course lot available, positioned with privacy and views along the Lagoon Course. It's cleared so your builder
can get to work on your custom design for this beautiful pie-shaped lot. Be sure to check out the practice area just behind this property... a hidden bonus! Pablo Road is almost like a private street, lightly travelled, with residents walking, running, biking -- enjoying the sea breezes and the beauty of their neighborhood. Lot lines on photos are estimates; see attached survey for exact property lines. Ponte Vedra Beach's exceptional lifestyle awaits you here! Located between easy beach access down Solana Rd and the 5-Star Ponte Vedra Inn & Club!
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 22, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$2,199,000
↓ $130K
(5.6%) | |
| Price Decreased | |||
| Jun 11, 2024 | Price Decreased |
$2,329,000
↓ $166K
(6.7%) | |
| Price Decreased | |||
| Apr 25, 2024 | Listed by BERRY & CO. REAL ESTATE | $2,495,000 | |
| Listed by BERRY & CO. REAL ESTATE | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Johns
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
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- 1,226 ft²
$5,300 /mo
- 3 Beds
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Last Updated: 3 years ago
Data Source: Real MLS, MLS# 2022125
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