8040 Merganser Dr, Ponte Vedra Beach
Saint Johns County Real Estate - Ponte Vedra Beach
Ponte Vedra Beach is in North Eastern Florida. Ponte Vedra Beach is approximately 17 miles from Jacksonville (population 821,784) and around 46 miles from Palm Coast (population 75,180).
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St. Johns County
St. Johns County is in the northeastern Florida region along with Baker, Clay, Duval, Nassau, Putnam, and Flagler counties. It is one of the original counties that was organized when Florida became part of the United States. It is home to about 60,000.
The county seat is St. Augustine, the oldest city in the United States that was founded by Europeans and is still inhabited. It was established by the Spanish in 1565, who also built a fort, the Castillo de San Marcos, which became operational in 1695. The city was the capital of colonial Florida until the United States established the territorial government at Tallahassee in 1824. The arrival of Henry Morrison Flagler in the 1880s, accompanied by the construction of two luxury resort hotels, signaled the establishment of St. Augustine?s tourist economy.
The county is a major tourist destination. Visitors patronize the many beaches and golf courses throughout the county. In addition, the historical and cultural activities draw many visitors.
The region also includes higher education facilities, including Flagler College and St. Johns River College. The Florida School for the Deaf and Blind, which has a secondary school and a college, is in St. Augustine.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 8030 Merganser Dr | Single Family | 4,433 | A |
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| 8020 Merganser Dr | Single Family | 5,256 | A |
|
| Merganser Dr | Utility | 0 | L | |
| 901 Shallow Run Rd | Single Family | 2,047 | B |
|
| 8060 Cypress Hollow Ct | Single Family | 3,528 | A |
|
| 8070 Cypress Hollow Ct | Single Family | 3,572 | A |
|
| 8010 Merganser Dr | Single Family | 4,407 | A |
|
| 24615 Marsh Landing Pkwy | Single Family | 5,965 | A |
|
| 8080 Cypress Hollow Ct | Single Family | 4,936 | A |
|
| 101 Bent Pine Ct | Single Family | 4,784 | A |
|
| 100 Bent Pine Ct | Vacant Residential | 0 | L |
Local Household Income
The median household income in this part of Florida is $81,844. The bottom 10% of the population earn less than $27,405 per year. The top 10% earn more than $260,946 per year. The top 1% earn more than $670,788 per year. Most renters earn between $33,720 (20th percentile) and $65,256 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $163,688 and $204,610.
The tax assessed value of this property places it in percentile 95 of all properties in this area. This suggests it would appeal to someone earning around $379,661 per year who should qualify for a mortgage between $759,322 and $949,153.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,068. Most renters earn between $2,810 and $5,438 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $786 (20th percentile) to $1,456 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 95 of all properties in this area. This corresponds to a rent of $2,312 per month and a monthly household income of $8,176 ($98,112 per year)
Nearby Companies
8320 Merganser Dr
8040 Merganser Dr
8070 Cypress Hollow Ct
8080 Cypress Hollow Ct