This home is in Summer House, Ponte Vedra Beach.

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Active·10 days on market·Summer House

887 Coral Reef Way

Ponte Vedra Beach, FL 32082

$195,000$219/sqftEst. $1,038/moMLS# 2136462

Beds

Baths

890

Sq Ft

1986

Built

—

Garage

Pool

About this home

Summer House

Stunning updated end unit in the highly desirable Summer House- Ponte Vedra Beach. Offering the perfect blend of comfort, convenience and a coastal lifestyle. Ideally located with a tennis court directly behind the unit and walking distance access to community pool, gym and clubhouse. This move in ready has been fully updated and its situated just minutes from the area's top-rated restaurants, shopping and pristine beaches. Book your showing today.

Cost to own

Mortgage calculator

Home Price

$195,000

Down Payment: 20%

$39,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$991

Principal & Interest: $991

Est. Taxes & Insurance: $248

Estimated Total Monthly

$1,239

*Estimates based on 30-year loan at 6.55% APR (avg 30-yr rate 2026-07-16, Freddie Mac PMMS via FRED). Actual payments may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.0% · 30yr$1,038

Property taxesest. at asking price, St. Johns County$259

HOAbilled monthly$463

Estimated total, before insurance$1,760/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$71,011	$71,011	—
2024	$71,013	$71,013	▼ $120
2023	$65,133	$65,133	—
2022	$64,476	$64,476	—
2021	$63,879	$63,879	—
2020	$63,703	$63,703	—

Estimated taxes if purchased at asking price: ~$3,100/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone B

Zone B evacuates after zone A in an approaching storm.

Roof: Shingle — year not disclosed (home built 1986)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer · JEA - water/sewer

County records show this parcel on central sewer served by JEA - water/sewer — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,584 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History