Market Conditions in 32082>Question Details

Bugsy Seagul, Other/Just Looking in 66049

Thoughts on the housing market in Ponte Vedra Beach Florida?

Asked by Bugsy Seagul, 66049 Fri Feb 29, 2008

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Hi,

Most of the resale and new home activity is now south of PVB. New communities, newer and grander ammenites, better prices. Look at Nocatee, st Johns golf and CC, and even World Golf Village (but it has issues).

blaine
1 vote Thank Flag Link Mon Apr 7, 2008
Bugsy,
Ponte Vedra Beach is unique. The larger properties, if properly priced are selling. Condo-conversion resales are slower in light of the mortgage market.
Jack
1 vote Thank Flag Link Sat Mar 1, 2008
Considering the age of when this question was originally asked, the market in PV has returned quite well.
0 votes Thank Flag Link Fri Oct 25, 2013
Having owned properties in premier communities in the suburbs of New York, Chicago, St. Louis and Miami, I find the market in Jacksonville to be overpriced for the quality of the real estate, which is generally poor. Ponte Vedra Beach has a few nice areas but the high quality homes are in the mulit-millions on oceanfront (or near oceanfront) property. New construction anywhere in Jax, unless it is high end custom, is generally of very mediocre quality. Jacksonville as a town doesn't have much of a commercial tax base and is therefore struggling. With the exception of a few nice areas near the ocean (like Ponte Vedra Beach), it's basically a swamp with too many churches, cookie cutter chain stores, and bad schools. Buyer beware, or at least be very careful. By the way, the comments by brokers here are incredibly self-serving, but then I guess it goes with the territory.
0 votes Thank Flag Link Mon May 9, 2011
good assess
ment of jax
Flag Tue Oct 1, 2013
Ponte Vedra Beach does not have problem with foreclosures compared to other parts of Florida. Some good deals in the area on seller owned homes. Are you looking for vacation home, Condo, or investment property?
0 votes Thank Flag Link Fri May 6, 2011
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