$360,000
Ponte Vedra Beach, FL 32082
MLS# 2140788
3 beds | 2 baths
1 / 11
Property Description
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 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
Details
Maps
Contract Information
Current Price: $360,000
Property Sub Type: Condominium
Property Attached YN: Yes
Status: Active
List Price: $360,000
Listing Contract Date: 2026-04-18
Unit Type: Other
Location Tax and Legal
Street Number: 758
Street Name: TIDEWATER
Street Suffix: Court
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 261-Ponte Vedra Bch-S Of Corona-E Of A1E/Lake Pv
Subdivision Name: Summer House
General Property Information
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1330
Living Area Source: Owner
Year Built: 1983
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 706
Association Fee Frequency: Monthly
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Stories Total: 2
Senior Community YN: No
Directions: East of A1A in Ponte Vedra Beach, Summer House
Public Remarks: 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 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
List Price/SqFt: 270.68
Status Change Information
Major Change Timestamp: 2026-05-06T13:53:18Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-06T13:53:18Z
DPR Eligible
DPR Eligible: Yes
Property Features
Appliances: Disposal; Dryer; Electric Range; Electric Water Heater; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Washer; Microwave; Plumbed For Ice Maker; Washer/Dryer Stacked; Water Softener Owned
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Central
Water Source: Public
Parking Features: Additional Parking; Guest; Off Street
Current Use: Investment; Residential
Possession: Close Of Escrow
Listing Terms: Cash; Conventional; Lease Purchase
Supplements
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.
Listing Office: SAVVY AVENUE, LLC.
Last Updated: May - 06 - 2026
Information deemed reliable but not guaranteed.