TURNKEY 3 BR ASSET PONTE VEDRA BEACH, FL 32082 9% GROSS YIELD Approx. 5% CAP RATE Leased 3 BR investment property in the sought-after Summerhouse community of Ponte Vedra Beach, within the highly regarded St John's County School District, currently ranked the #1 school… Read More district in Florida by Niche. Mayo Clinic medical facilities are nearby, as are TPC Sawgrass and ATP Tour's Ponte Vedra Beach offices. The property has a tenant in place through May 2027 at $2,800/month, providing immediate cash flow. Based on a $380,000 purchase price, the property offers an 9% gross yield and an approx. 5% cap rate, subject to buyer verification of all income and expenses. HOA is $706/month and covers water, sewer, exterior/common-area maintenance, and roof reserves, supporting a relatively passive ownership profile and income stream. Located in the desirable 32082 zip code, the property features a less common 3 BR layout within the community, which may appeal to a wider tenant and resale audience than smaller floor plans. Due diligence materials, including the lease agreement, extension addendum, and tenant payment history, are available to qualified buyers. To respect tenant privacy, interior access will be provided upon proof of funds and LOI or initial offer. Seller is offering a $5,000 credit toward buyer's closing costs to facilitate a smooth cash transaction. Read Less
This data up-to-date as of . Listing courtesy of SAVVY AVENUE, LLC..
Listing Snapshot
Days Online
12
Last Updated
Property Type
Condominium
Beds
3
Full Baths
2
Year Built
1983
MLS Number
2140788
30 Days Snapshot Of 32082
$1.62M
+28%
(avg) sold price
44
-15%
homes sold
101
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1983, Living area: 1,330, 2 total stories
Cooling
"Central Air"
Heating
"Central"
Home Owner's Association
Association fee: $706
Parking
"Additional Parking", "Guest", "Off Street"
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Data last updated . Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers 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 last updated:
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