For real estate investors, understanding cash on cash return (COC) is crucial for maximizing profits and making informed investment decisions. In Ponte Vedra, the market is ripe with opportunities that boast impressive COC figures. For instance, a single-family home recently listed at $359,000 offers a COC of 5.0%, while another property priced at $800,000 yields a COC of 2.8%. Even high-end investments, like a stunning $12.9 million estate, present a respectable COC of 0.8%. This article will delve into these lucrative deals in Ponte Vedra, highlighting their attractive cash flow, cap rates, and other essential data points that can guide investors toward profitable ventures.
Why does this matter? The right data can empower investors to identify the best opportunities, ensuring they make strategic choices that align with their financial goals. With the real estate market in Ponte Vedra showing promising trends, now is the time to explore these investment options and secure your financial future.
Did you know that Ponte Vedra is home to some of the most prestigious golf courses in the country, making it a desirable location for both residents and investors alike?
| View Property | Location | Type | Cash on Cash | Price | Rent | Total Payment | NOI | Cap Rate | Cash Flow | GRM | DSCR | P&I | Tax | HOA Fees | Insurance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 480 Island View Cir, Saint Augustine, FL 32095 | Saint Augustine, FL | Single Family | 5.0% | $359,000 | $2,431 | $2,132 | $2,273 | 7.6% | $299 | 12.3 | 1.3 | $1,768 | $206 | $50 | $108 |
| 724 BATTERSEA Drive, St Augustine, FL 32095 | Saint Augustine, FL | Single Family | 2.8% | $800,000 | $5,321 | $4,942 | $4,979 | 7.5% | $379 | 12.5 | 1.2 | $4,100 | $500 | $75 | $267 |
| 1201 PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | 0.8% | $12,900,000 | $76,808 | $75,032 | $72,938 | 6.8% | $1,776 | 14.0 | 1.1 | $63,744 | $7,418 | $0 | $3,870 |
| 56 ST CROIX ISLAND Drive, St Augustine, FL 32092 | Saint Augustine, FL | Single Family | 0.3% | $500,000 | $2,951 | $2,922 | $2,790 | 6.7% | $29 | 14.1 | 1.1 | $2,473 | $288 | $11 | $150 |
| 2477 WILLOWBEND Drive, St Augustine, FL 32092 | Saint Augustine, FL | Single Family | -0.9% | $450,000 | $2,612 | $2,678 | $2,410 | 6.4% | -$66 | 14.4 | 1.1 | $2,217 | $259 | $67 | $135 |
| 312 SOUTHLAKE Drive, St Augustine, FL 32092 | Saint Augustine, FL | Single Family | -1.1% | $369,900 | $2,104 | $2,169 | $1,978 | 6.4% | -$65 | 14.7 | 1.1 | $1,830 | $213 | $15 | $111 |
| 162 CEDAR ELM Way, St Augustine, FL 32092 | Saint Augustine, FL | Single Family | -1.1% | $380,000 | $2,282 | $2,349 | $2,024 | 6.4% | -$67 | 13.9 | 1.1 | $1,872 | $219 | $144 | $114 |
| 4489 COMANCHE TRAIL Boulevard, St Johns, FL 32259 | Saint Johns, FL | Single Family | -1.6% | $399,900 | $2,403 | $2,510 | $2,093 | 6.3% | -$107 | 13.9 | 1.1 | $1,970 | $230 | $190 | $120 |
| 14549 GREENOVER Lane, Jacksonville, FL 32258 | Jacksonville, FL | Single Family | -2.0% | $489,900 | $2,698 | $2,858 | $2,532 | 6.2% | -$160 | 15.1 | 1.0 | $2,423 | $269 | $19 | $147 |
| 10237 MCLAURIN Road E, Jacksonville, FL 32256 | Jacksonville, FL | Single Family | -2.2% | $545,000 | $2,950 | $3,149 | $2,786 | 6.1% | -$199 | 15.4 | 1.0 | $2,685 | $300 | $0 | $164 |
| 7685 LAS PALMAS Way UNIT 192, Jacksonville, FL 32256 | Jacksonville, FL | Condo | -2.6% | $235,000 | $2,165 | $2,266 | $1,190 | 6.1% | -$101 | 9.0 | 1.0 | $1,162 | $129 | $904 | $71 |
| 7990 BAYMEADOWS Road E UNIT 2006, Jacksonville, FL 32256 | Jacksonville, FL | Townhouse | -2.8% | $285,000 | $1,862 | $1,997 | $1,426 | 6.0% | -$135 | 12.8 | 1.0 | $1,404 | $157 | $350 | $86 |
| 162 BAY COVE Drive, Ponte Vedra, FL 32082 | Ponte Vedra Beach, FL | Single Family | -3.5% | $1,450,000 | $7,585 | $8,434 | $7,150 | 5.9% | -$849 | 15.9 | 1.0 | $7,165 | $834 | $0 | $435 |
| 901 PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | -4.7% | $13,975,000 | $71,549 | $82,447 | $66,891 | 5.7% | -$10,898 | 16.3 | 1.0 | $69,055 | $8,734 | $0 | $4,658 |
| 115 NESS Circle, St Augustine, FL 32095 | Saint Augustine, FL | Single Family | -5.0% | $689,990 | $3,673 | $4,247 | $3,437 | 6.0% | -$574 | 15.7 | 1.0 | $3,580 | $431 | $6 | $230 |
| 10260 INNOVATION Way, Jacksonville, FL 32256 | Jacksonville, FL | Single Family | -6.6% | $579,000 | $2,744 | $3,380 | $2,498 | 5.2% | -$636 | 17.6 | 0.9 | $2,816 | $318 | $72 | $174 |
| 1589 AUSTIN Lane, St Augustine, FL 32092 | Saint Augustine, FL | Single Family | -6.7% | $589,000 | $2,834 | $3,489 | $2,549 | 5.2% | -$655 | 17.3 | 0.9 | $2,865 | $339 | $108 | $177 |
| 47 GREENVIEW Lane, St Augustine, FL 32092 | Augustine, FL | Single Family | -7.1% | $525,000 | $2,602 | $3,227 | $2,274 | 5.2% | -$625 | 16.8 | 0.9 | $2,597 | $302 | $170 | $158 |
| 1701 THE GREENS Way UNIT 1411, Jacksonville Beach, FL 32250 | Jacksonville Beach, FL | Condo | -7.2% | $349,000 | $2,204 | $2,624 | $1,609 | 5.5% | -$420 | 13.2 | 0.9 | $1,811 | $218 | $479 | $116 |
| 83 BOBWHITE QUAIL Way, Ponte Vedra, FL 32081 | Ponte Vedra, FL | Single Family | -7.6% | $850,000 | $4,105 | $5,175 | $3,759 | 5.3% | -$1,070 | 17.3 | 0.9 | $4,298 | $531 | $63 | $283 |
| 228 RUM RUNNER Way, St Johns, FL 32259 | Saint Johns, FL | Townhouse | -7.6% | $899,000 | $4,771 | $5,905 | $3,765 | 5.0% | -$1,134 | 15.7 | 0.9 | $4,382 | $517 | $736 | $270 |
| 9511 GLENN ABBEY Way, Jacksonville, FL 32256 | Jacksonville, FL | Single Family | -7.6% | $389,900 | $1,797 | $2,289 | $1,651 | 5.1% | -$492 | 18.1 | 0.9 | $1,929 | $214 | $29 | $117 |
| 6207 CHERRY LAKE Drive, Jacksonville, FL 32258 | Jacksonville, FL | Single Family | -7.7% | $600,000 | $2,664 | $3,435 | $2,477 | 5.0% | -$771 | 18.8 | 0.8 | $2,918 | $330 | $7 | $180 |
| 1029 INVERNESS Drive, St Augustine, FL 32092 | Saint Augustine, FL | Single Family | -7.8% | $462,500 | $2,677 | $3,275 | $2,123 | 5.5% | -$598 | 14.4 | 0.9 | $2,432 | $289 | $400 | $154 |
| 141 BIMINI Court, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Townhouse | -8.3% | $499,000 | $2,532 | $3,221 | $2,279 | 5.5% | -$689 | 16.4 | 0.9 | $2,656 | $312 | $87 | $166 |
| 50 CANOPY GLADES Circle, Ponte Vedra, FL 32081 | Ponte Vedra, FL | Single Family | -9.9% | $649,900 | $2,878 | $3,950 | $2,463 | 4.5% | -$1,072 | 18.8 | 0.8 | $3,161 | $374 | $220 | $195 |
| 13718 WM DAVIS Parkway, Jacksonville, FL 32224 | Jacksonville, FL | Townhouse | -13.5% | $350,000 | $2,573 | $3,358 | $1,274 | 4.4% | -$785 | 11.3 | 0.7 | $1,840 | $219 | $1,182 | $117 |
| 4416 TIDEVIEW Drive, Jacksonville, FL 32250 | Jacksonville, FL | Single Family | -13.6% | $1,050,000 | $3,700 | $6,081 | $3,385 | 3.9% | -$2,381 | 23.6 | 0.7 | $5,188 | $578 | $0 | $315 |
| 752 PROMENADE POINTE Drive, St Augustine, FL 32095 | Saint Augustine, FL | Single Family | -14.6% | $2,600,000 | $8,787 | $15,133 | $7,997 | 3.7% | -$6,346 | 24.7 | 0.6 | $12,848 | $1,495 | $10 | $780 |
| 212 HIDDEN DUNE Court, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | -16.5% | $2,225,000 | $6,913 | $13,025 | $6,162 | 3.3% | -$6,112 | 26.8 | 0.6 | $10,995 | $1,279 | $83 | $668 |
| 5215 BENTPINE COVE Road, Jacksonville, FL 32224 | Jacksonville, FL | Single Family | -20.4% | $2,400,000 | $6,220 | $14,393 | $5,006 | 2.5% | -$8,173 | 32.2 | 0.4 | $11,859 | $1,320 | $494 | $720 |
| 216 LAUREL Lane, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | -20.9% | $1,879,000 | $6,746 | $13,291 | $3,963 | 2.5% | -$6,545 | 23.2 | 0.4 | $9,334 | $1,174 | $2,157 | $626 |
| 3095 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | -23.3% | $2,825,000 | $5,441 | $16,431 | $4,593 | 2.0% | -$10,990 | 43.3 | 0.3 | $13,959 | $1,624 | $0 | $848 |
| 26 MARIA Place, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | -23.8% | $4,200,000 | $8,131 | $24,779 | $6,731 | 1.9% | -$16,648 | 43.0 | 0.3 | $20,754 | $2,625 | $0 | $1,400 |
| 2863 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 | Ponte Vedra Beach, FL | Single Family | -26.9% | $2,595,000 | $3,759 | $15,377 | $2,894 | 1.3% | -$11,618 | 57.5 | 0.2 | $12,890 | $1,622 | $0 | $865 |
Cash on Cash Return: 5.0%
Price: $359,000
Rent: $2,431
Total Payment: $2,132
Cap Rate: 7.6%
Cash Flow: $299
GRM: 12.3
DSCR: 1.3
Location: Island View Cir, Saint Augustine, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This charming single-family home on Island View Cir offers a compelling investment opportunity. With a cash on cash return of 5.0% and a cap rate of 7.6%, this property is positioned for strong rental income. The location is ideal for families, providing access to top-rated schools and local amenities. The positive cash flow of $299 per month makes it an attractive option for investors seeking reliable income.
Cash on Cash Return: 2.8%
Price: $800,000
Rent: $5,321
Total Payment: $4,942
Cap Rate: 7.5%
Cash Flow: $379
GRM: 12.5
DSCR: 1.2
Location: Battersea Drive, St Augustine, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
Located on Battersea Drive, this single-family home is another excellent investment choice. With a cash flow of $379 and a cap rate of 7.5%, it promises solid returns. The property is situated in a desirable neighborhood, making it appealing to renters. The investment potential is further enhanced by its strong rental income, making it a valuable addition to any real estate portfolio.
Cash on Cash Return: 0.8%
Price: $12,900,000
Rent: $76,808
Total Payment: $75,032
Cap Rate: 6.8%
Cash Flow: $1,776
GRM: 14.0
DSCR: 1.1
Location: Ponte Vedra Boulevard, Ponte Vedra Beach, FL
Last Updated: 01/01/1900
First Seen: 11/30/2024
This luxurious single-family home on Ponte Vedra Boulevard is a high-end investment opportunity. Despite a lower cash on cash return of 0.8%, the property boasts a significant rental income of $76,808, resulting in a cash flow of $1,776. The cap rate of 6.8% reflects its premium location and potential for appreciation, making it a standout choice for investors looking for high-value properties.
Cash on cash return and cap rate are critical metrics for real estate investors. A high cash on cash return indicates that the property generates substantial income relative to the investment made. Similarly, a strong cap rate signifies the property's profitability, making these properties in Ponte Vedra attractive for investors seeking reliable returns.
The Gross Rent Multiplier (GRM) and Debt Service Coverage Ratio (DSCR) are essential tools for evaluating real estate investments. GRM helps investors understand how long it will take to recoup their investment through rental income, while DSCR measures the property's ability to cover its debt obligations. For instance, the properties listed have GRM values ranging from 12.3 to 14.0, indicating a reasonable payback period. The DSCR values also reflect a healthy margin for covering debt, making these investments less risky.
To increase rental income, consider property upgrades, adjusting rents to market rates, or targeting specific renter demographics. Additionally, minimizing operating costs through effective management of HOA fees, taxes, and insurance can significantly enhance cash flow. For example, by reducing HOA fees by $50 per month on the Island View Cir property, the cash flow could increase to $349, showcasing the impact of cost-saving measures.
Investing in condos versus single-family homes presents different advantages. Condos may offer lower maintenance costs and higher cash flow potential, while single-family homes often appreciate more over time. The properties listed demonstrate that both types can yield strong returns, depending on the investor's strategy and market conditions.
Ponte Vedra offers a wealth of investment opportunities, with properties that boast high cash flow and strong cap rates. The combination of desirable locations, solid rental income, and favorable market conditions makes it an excellent choice for real estate investors. Don't miss out on these high-return properties—contact us today for more information or to sign up for real-time updates on the best investment properties in Ponte Vedra!