605 Marsh Cove Ln, 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).
Ponte Vedra Beach links:
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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 | |
|---|---|---|---|---|
| 604 Marsh Cove Ln | Condominium | 1,220 | B |
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| 601 Marsh Cove Ln | Condominium | 1,430 | B |
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| 602 Marsh Cove Ln | Condominium | 1,220 | B |
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| 603 Marsh Cove Ln | Condominium | 1,220 | B |
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| 606 Marsh Cove Ln | Condominium | 1,430 | B |
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| 704 Marsh Cove Pl | Condominium | 1,220 | B |
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| 701 Marsh Cove Pl | Condominium | 1,100 | B |
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| 702 Marsh Cove Pl | Condominium | 1,430 | B |
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| 703 Marsh Cove Pl | Condominium | 1,220 | B |
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| 705 Marsh Cove Pl | Condominium | 1,430 | B |
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| 706 Marsh Cove Pl | Condominium | 1,100 | B |
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| 805 Marsh Cove Pl | Condominium | 1,050 | B |
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| 803 Marsh Cove Pl | Condominium | 1,050 | B |
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| 804 Marsh Cove Pl | Condominium | 1,050 | B |
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| 801 Marsh Cove Pl | Condominium | 980 | B |
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| 802 Marsh Cove Pl | Condominium | 1,050 | B |
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| 806 Marsh Cove Pl | Condominium | 980 | B |
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| 904 Marsh Cove Pl | Condominium | 1,242 | B |
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| 902 Marsh Cove Pl | Condominium | 1,242 | B |
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| 903 Marsh Cove Pl | Condominium | 1,242 | B |
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| 905 Marsh Cove Pl | Condominium | 1,242 | B |
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| 901 Marsh Cove Pl | Condominium | 1,242 | B |
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| 100 Shelbys Cove Ct | Single Family | 1,710 | B |
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| 104 Shelbys Cove Ct | Single Family | 1,880 | B |
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| 700 Marsh Cove Ln | Single Family | 1,742 | B |
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| 507 Marsh Cove Ln | Condominium | 1,100 | B |
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| 508 Marsh Cove Ln | Condominium | 1,100 | B |
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| 504 Marsh Cove Ln | Condominium | 1,220 | B |
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| 505 Marsh Cove Ln | Condominium | 1,220 | B |
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| 506 Marsh Cove Ln | Condominium | 1,220 | B |
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| 502 Marsh Cove Ln | Condominium | 1,100 | B |
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| 108 Shelbys Cove Ct | Single Family | 1,711 | B |
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| 704 Marsh Cove Ln | Single Family | 1,815 | B |
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| 112 Shelbys Cove Ct | Single Family | 1,703 | B |
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| 501 Marsh Cove Ln | Condominium | 1,100 | B |
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| 503 Marsh Cove Ln | Condominium | 1,220 | B |
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| 908 Marsh Cove Ct | Condominium | 1,242 | B |
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| 906 Marsh Cove Ct | Condominium | 1,242 | B |
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| 907 Marsh Cove Ct | Condominium | 1,242 | B |
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| 708 Marsh Cove Ln | Single Family | 1,854 | B |
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| 116 Shelbys Cove Ct | Single Family | 1,920 | B |
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| 1404 Marsh Cove Ct | Condominium | 980 | B |
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| 1403 Marsh Cove Ct | Condominium | 1,050 | B |
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| 1401 Marsh Cove Ct | Condominium | 980 | B |
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| 1402 Marsh Cove Ct | Condominium | 1,050 | B |
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| 712 Marsh Cove Ln | Single Family | 1,690 | B |
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| 101 Shelbys Cove Ct | Single Family | 1,851 | B |
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| 105 Shelbys Cove Ct | Single Family | 2,025 | B |
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| 716 Marsh Cove Ln | Single Family | 1,707 | B |
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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 23 of all properties in this area. This suggests it would appeal to someone earning around $45,481 per year who should qualify for a mortgage between $90,962 and $113,703.
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 23 of all properties in this area. This corresponds to a rent of $816 per month and a monthly household income of $2,916 ($34,992 per year)
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