5 PALM Lane
About This Property
morning to a breathtaking view of the Intracoastal Waterway from your own backyard,
spanning an impressive 104 feet. Enjoy your morning coffee from your choice of stunning
locations - whether it's the chef's dream kitchen with stainless steel appliances, large island,
and eat-in area with the family, or the covered patio overlooking the saltwater pool and
summer kitchen. And for those who prefer a more intimate setting, the master bedroom
offers a private balcony with a panoramic view of the backyard and your very own dock. This home boasts separate staircases, one leading to the luxurious master retreat with a
walk-in shower, spa bath, and an additional bedroom. The second staircase leads to three
other bedrooms and a bath, with one of the bedrooms currently being used as a game
room. The mother-in-law suite features a kitchen, full bath, and washer/dryer hookups. With
two boat lifts (16,000lbs and 10,000lbs) and a floating dock for your jet skis, take a leisurely walk down to the dock to
soak up the sun and enjoy endless water activities. Your dream home is waiting for you in
Ponte Vedra - don't wait to make it yours.
The roof was replaced in 2018, all AC units in 2019, and the bulkhead, dock and floating dock in 2020. The garage is temperature controlled as well.
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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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2023 | Listed by ATLANTIC SHORES REALTY OF JACKSONVILLE LLC | $2,999,995 | |
| Listed by ATLANTIC SHORES REALTY OF JACKSONVILLE LLC | |||
| | |||
|
Discover paradise living at its best with this exquisite home in Ponte Vedra. Wake up every
morning to a breathtaking view of the Intracoastal Waterway from your own backyard,
spanning an impressive 104 feet. Enjoy your morning coffee from your choice of stunning
locations - whether it's the chef's dream kitchen with stainless steel appliances, large island,
and eat-in area with the family, or the covered patio overlooking the saltwater pool and
summer kitchen. And for those who prefer a more intimate setting, the master bedroom
offers a private balcony with a panoramic view of the backyard and your very own dock.
| |||
| Apr 5, 2023 | Listed by ATLANTIC SHORES REALTY OF JACKSONVILLE LLC | $3,099,000 | |
| Listed by ATLANTIC SHORES REALTY OF JACKSONVILLE LLC | |||
| Nov 19, 2015 | Sold | ||
| Sold | |||
| Oct 9, 2015 | Listed by ATLANTIC SHORES REALTY OF JACKSONVILLE LLC | $1,199,000 | |
| Listed by ATLANTIC SHORES REALTY OF JACKSONVILLE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017