36
Map
568 A1A N
About This Property
Located within a mile of the ocean and the Sawgrass Village shopping center, you are also within walking distance of the Ponte Vedra Inn & Club. Owner is licensed real estate agent.
Exterior paint color is currently Iron Ore (black) and Seller would consider repainting to Buyer's desired color if needed.
Property has a current lease agreement with tenant through December 2026 at $4,750/month. Great option for a 1031 exchange if needed.
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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 |
|---|---|---|---|
| Jan 12, 2026 | Listed by LMH REALTY LLC | $950,000 | |
| Listed by LMH REALTY LLC | |||
| Nov 8, 2025 | Price Decreased |
$988,400
↓ $2K
(0.2%) | |
| Price Decreased | |||
| Sep 15, 2025 | Price Decreased |
$989,900
↓ $9K
(0.9%) | |
| Price Decreased | |||
| Jun 15, 2025 | Price Decreased |
$998,780
↓ $101K
(9.2%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed | $1,100,000 | |
| Listed | |||
| | |||
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No HOA or CDD in the center of Ponte Vedra Beach! This almost-new construction home was completed in 2024 and features a downstairs home office, dry bar, wood flooring throughout, custom cabinets & quartz countertops, porcelain tile in primary bathroom, large walk-in closet, tongue & groove ceiling., rear patio with cable railing, and paver driveway.
Located within a mile of the ocean and the Sawgrass Village shopping center, you are also within walking distance of the Ponte Vedra Inn & Club. Owner is licensed real estate agent.
Exterior paint color is currently Iron Ore (black) and Seller would repaint to Buyer's desired color if needed.
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Property Highlights
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About Palm Valley
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Last Updated: 5 months ago
Data Source: Real MLS, MLS# 2124760
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