Kari Sullivan
REALTOR® | Luxury Property Specialist
758 TIDEWATER Court, Ponte Vedra Beach, FL 32082
Summer House
$360,000
$271/sq ft
Active
About This Home
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
Location
Features & Amenities
Interior Features
- 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
Exterior Features
- Additional Parking
- Guest
- Off Street
Property Details
Property Type:
Condominium
Year Built:
1983
Lot Size:
0 Acres (0 sq ft)
Stories:
2
HOA Fees:
$706/Monthly
MLS #:
2140788
Utilities:
Cable Available, Electricity Connected, Sewer Connected, Water Connected
