This home is in Summer House, Ponte Vedra Beach.
Active·89 days on market·Summer House
758 Tidewater Court
Ponte Vedra Beach, FL 32082
About this home
Summer House
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
Cost to own
Mortgage calculator
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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 | $305,000 | $297,212 | — |
| 2024 | $321,600 | $270,193 | — |
| 2023 | $308,760 | $245,630 | — |
| 2022 | $275,000 | $223,300 | — |
| 2021 | $203,000 | $203,000 | — |
| 2020 | $203,000 | $203,000 | — |
Estimated taxes if purchased at asking price: ~$5,700/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 A
Zone A evacuates first in a storm — typically coastal and surge-prone areas.
Roof: material not specified — year not disclosed (home built 1983)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer · JEA_Premises point dataset CCB_DESCR like sewer · Public water · JEA_Premises point dataset with CCB_DESC like Water
County records show this parcel on central sewer served by JEA_Premises point dataset CCB_DESCR like sewer — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,248 usable sun-hours per year
Moderate solar exposure — shade or roof orientation limits panel output here.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeInformational 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
Price & status history
- Apr 18, 2026Listed$360,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Additional Information
The neighborhood
About Summer House
Summer House is a neighborhood in Ponte Vedra Beach Condos, FL (St. Johns County), ZIP 32082.
View all Summer House homes for sale →Listing Courtesy of: SAVVY AVENUE, LLC.
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Your Local Expert

Krista Fracke
Broker Associate
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