698 Cherry Elm Dr · World Golf Village, FL 32092

$340,000

3 bd · 2.5 ba · 1,760 sqft · Townhouse · 2 Days on market

Built 2023 2,613 sqft lot $193/sqft · 17% below area Est $411k · 17% under $192/mo HOA · 8% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +6.9/30.0
• Schools +6.4/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• DSCR +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

SELLER OFFERING $7,200 TOWARDS BUYERS CLOSING OR CONCESSIONS WITH ACCEPTED OFFER. (To be applied how buyer prefers- whether against value, closing or toward a rate buy-down). HOME WARRANTY PROVIDED. PREFERRED LENDER OFFERING 1% OF LOAN VALUE TOWARD CLOSING COSTS. This pristine, gated, townhome in St. Johns County offers the perfect blend of comfort, convenience, and low-maintenance living. With a thoughtful layout, lake view, first floor master, attached 2-car garage, and access to top-rated schools. This move-in ready home is ideal for buyers seeking security, functionality, and an easy lifestyle in one of Northeast Florida's most desirable locations. Conveniently located near shopping, dining, schools and major commuter routes, this property is an excellent opportunity for homeowners, down-sizers, or investors alike. PROPERTY IS ALSO LISTED FOR RENT MLS #2133841

Key facts

• Resort style living
• Owner suite
• Walk in closet

Tags

• OPEN-FLOOR CONCEPT
• OWNER SUITE
• WALK IN CLOSET
• SPACIOUS LOFT
• AMENITIES CENTERS
• RESORT STYLE LIVING

Property features AI

Finance

• HOA & community: Homeowners association; Annual association fee of $1,200; Quarterly association fee of $277; Community amenities include children's pool, clubhouse, pickleball and playground

Exterior

• Parking: 2-car garage
• Utilities: Cable available
• Home design: Townhouse; Two levels; Property is attached
• Exterior features: Community pool (not private)

Interior

• Kitchen: Convection oven; Dishwasher; Gas range; Ice maker; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Breakfast bar; Ceiling fans; Primary bathroom with shower (no tub); Split bedroom floorplan; Walk-in closets

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $340k.

Deal economics

• At list price, monthly cash flow is $-519 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $248k (27.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $245k (27.8% below list).
• Recommended offer: $245k (27.8% below list) — sets the bar for 1% rule.
• Cap rate 4.5% vs local median 3.0% in World Golf Village — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#168 in FL, #2,512 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• St. Johns (rural): math 75% / reading 73% proficiency, ranked #2 of 73 in FL (top 3%) — strong family-tenant draw, lease renewals of 3-5y typical; only 20% free/reduced lunch — higher-income household profile.
• Zoned schools: Wards Creek Elementary School (math 74% / reading 73%, grade A, #260 of 2,144 statewide, top 13%, 954 students, 19% FRL); Pacetti Bay Middle School (math 77% / reading 72%, grade A, #40 of 571 statewide, top 7%, 1,443 students, 18% FRL); Tocoi Creek High School (2,008 students, 10% FRL) — zoned schools at 16% FRL track the district average.
• Market conditions: Rents flat; 1335 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 5,575 units permitted in St. Johns County in 2024 (584 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• St. Johns County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $245,400 (27.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.72% ✗
• Cap rate: 4.46%
• Cash-on-cash: -6.55%
• DSCR: 0.71
• GRM: 11.5

CMA / ARV

• ARV (median comp): $411,392
• List price: $340,000
• Delta: -17.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
368 Cherry Elm Dr	0.25mi	3/2.5	1,899 (+8%)	2mo	$365,000	$192	74
338 Cherry Elm Dr	0.24mi	3/2.5	1,899 (+8%)	3mo	$359,990	$190	73
365 Cherry Elm Dr	0.22mi	3/2.5	1,899 (+8%)	4mo	$379,990	$200	73
302 Cherry Elm Dr	0.23mi	3/2.5	1,899 (+8%)	4mo	$379,990	$200	72
354 Cherry Elm Dr	0.25mi	3/2.5	1,927 (+10%)	0mo	$346,000	$180	72
280 Cherry Elm Dr	0.22mi	3/2.5	1,927 (+10%)	2mo	$352,990	$183	72
358 Cherry Elm Dr	0.25mi	3/2.5	1,927 (+10%)	1mo	$359,990	$187	72
362 Cherry Elm Dr	0.25mi	3/2.5	1,927 (+10%)	2mo	$343,000	$178	71
308 Cherry Elm Dr	0.24mi	3/2.5	1,927 (+10%)	3mo	$343,000	$178	71
312 Cherry Elm Dr	0.24mi	3/2.5	1,927 (+10%)	3mo	$337,000	$175	71
350 Cherry Elm Dr	0.25mi	3/2.5	1,927 (+10%)	3mo	$352,990	$183	70
181 Silver Myrtle Ct	0.12mi	3/2.5	1,994 (+13%)	2mo	$360,000	$181	70

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.08% rent growth · sell at horizon

5-year hold

• IRR: -31.0%
• Equity multiple: 0.00×
• Total profit: $-95,071
• Equity at exit: $50,695

10-year hold

• IRR: -55.1%
• Equity multiple: -0.60×
• Total profit: $-152,070
• Equity at exit: $29,397

Cash invested: $95,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32092

• Home prices YoY: -32.2%
• Rents YoY: 0.1%
• Active inventory: 1335
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $2,454 high
• Mortgage (P&I): −$1,783
• Tax from tax record: −$341 /mo · $4,096/yr
• Insurance: −$142
• HOA: −$192
• Vacancy / Maint / Mgmt: −$515
• Net cashflow: $-519

Break-even live

Break-even rent $3,111

Max offer price $248,264

Occupancy floor —

Sensitivity live

Price	-10% $-327	-5% $-423	+0% $-519	+5% $-616	+10% $-712
Rent	-10% $-713	-5% $-616	+0% $-519	+5% $-422	+10% $-325
Rate	-1.0pp $-348	-0.5pp $-433	base $-519	+0.5pp $-607	+1.0pp $-697

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $85,000
• Closing costs: $10,200
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
698 Cherry Elm Dr Saint Augustine, FL	3.0	2.5	1760	$2,250	$1.28	9d	1	0.01mi
594 Cherry Elm Dr Saint Augustine, FL	4.0	2.5	1760	$2,300	$1.31	19d	1	0.11mi
95 Silver Myrtle Ct Saint Augustine, FL	3.0	2.5	1994	$2,395	$1.20	25d	1	0.14mi
378 Varner Way St Augustine, FL	3.0	2.0	2126	$2,799	$1.32	25d	1	0.56mi
150 Varner Way Saint Augustine, FL	4.0	3.0	2028	$2,700	$1.33	19d	1	0.64mi
572 Silver Landing Dr Saint Augustine, FL	4.0	2.5	2040	$2,550	$1.25	25d	1	0.90mi
945 Registry Blvd Saint Augustine, FL	1.0–3.0	1.0–3.0	1300	$4,500	$3.46	4d	2	1.01mi
226 Golden Fern Dr Saint Augustine, FL	4.0	3.0	2264	$2,800	$1.24	19d	1	1.12mi
100 Golden Fern Dr Unit 1 St. Augustine, FL	4.0	2.5	2100	$2,600	$1.24	25d	1	1.22mi
100 Golden Fern Dr Saint Augustine, FL	4.0	2.5	2052	$2,545	$1.24	16d	1	1.22mi
100 Golden Fern Dr Saint Augustine, FL	4.0	2.5	2052	$2,595	$1.26	25d	1	1.22mi
74 Newton Ln Saint Augustine, FL	4.0	2.5	2050	$2,649	$1.29	25d	1	1.26mi
545 Brandon Lakes Dr Saint Augustine, FL	3.0	2.5	1396	$2,095	$1.50	9d	1	1.27mi
33 Thurnham Ln Saint Augustine, FL	3.0	2.5	1445	$1,950	$1.35	19d	1	1.30mi
24 Thurnham Ln Saint Augustine, FL	3.0	2.5	1445	$1,950	$1.35	19d	1	1.32mi
46 Fieldfare Ln Jacksonville, FL	3.0	2.5	1396	$1,995	$1.43	5d	1	1.35mi
427 Brandon Lakes Dr Saint Augustine, FL	3.0	2.5	1445	$1,900	$1.31	25d	1	1.36mi
419 Brandon Lakes Dr Saint Augustine, FL	3.0	2.5	1400	$2,100	$1.50	25d	1	1.37mi
300 Brandon Lakes Dr Saint Augustine, FL	3.0	2.5	1434	$1,850	$1.29	25d	1	1.39mi

HOA detail

• Monthly dues: $192 · $2,304/yr
• Likely covers: security

Listing history 29 events

1. 2026-06-09
   days on market $340,000 Active 2 DOM
2. 2026-06-08
   pricestatusdays on marketlisting id $340,000 Active 1 DOM
3. 2026-05-16
   historical 878-char remark

   Show marketing remark (878 chars)

   SELLER OFFERING $7,200 TOWARDS BUYERS CLOSING OR CONCESSIONS WITH ACCEPTED OFFER. (To be applied how buyer prefers- whether against value, closing or toward a rate buy-down). HOME WARRANTY PROVIDED. PREFERRED LENDER OFFERING 1% OF LOAN VALUE TOWARD CLOSING COSTS. This pristine, gated, townhome in St. Johns County offers the perfect blend of comfort, convenience, and low-maintenance living. With a thoughtful layout, lake view, first floor master, attached 2-car garage, and access to top-rated schools. This move-in ready home is ideal for buyers seeking security, functionality, and an easy lifestyle in one of Northeast Florida's most desirable locations. Conveniently located near shopping, dining, schools and major commuter routes, this property is an excellent opportunity for homeowners, down-sizers, or investors alike. PROPERTY IS ALSO LISTED FOR RENT MLS #2133841

4. 2026-04-08
   price $339,000 878-char remark

   Show marketing remark (878 chars)

   SELLER OFFERING $7,200 TOWARDS BUYERS CLOSING OR CONCESSIONS WITH ACCEPTED OFFER. (To be applied how buyer prefers- whether against value, closing or toward a rate buy-down). HOME WARRANTY PROVIDED. PREFERRED LENDER OFFERING 1% OF LOAN VALUE TOWARD CLOSING COSTS. This pristine, gated, townhome in St. Johns County offers the perfect blend of comfort, convenience, and low-maintenance living. With a thoughtful layout, lake view, first floor master, attached 2-car garage, and access to top-rated schools. This move-in ready home is ideal for buyers seeking security, functionality, and an easy lifestyle in one of Northeast Florida's most desirable locations. Conveniently located near shopping, dining, schools and major commuter routes, this property is an excellent opportunity for homeowners, down-sizers, or investors alike. PROPERTY IS ALSO LISTED FOR RENT MLS #2133841

5. 2026-03-06
   listed $350,000 Active 878-char remark

   Show marketing remark (878 chars)

   SELLER OFFERING $7,200 TOWARDS BUYERS CLOSING OR CONCESSIONS WITH ACCEPTED OFFER. (To be applied how buyer prefers- whether against value, closing or toward a rate buy-down). HOME WARRANTY PROVIDED. PREFERRED LENDER OFFERING 1% OF LOAN VALUE TOWARD CLOSING COSTS. This pristine, gated, townhome in St. Johns County offers the perfect blend of comfort, convenience, and low-maintenance living. With a thoughtful layout, lake view, first floor master, attached 2-car garage, and access to top-rated schools. This move-in ready home is ideal for buyers seeking security, functionality, and an easy lifestyle in one of Northeast Florida's most desirable locations. Conveniently located near shopping, dining, schools and major commuter routes, this property is an excellent opportunity for homeowners, down-sizers, or investors alike. PROPERTY IS ALSO LISTED FOR RENT MLS #2133841

6. 2025-11-13
   historical $2,000
7. 2025-11-08
   historical 1391-char remark

   Show marketing remark (1391 chars)

   Motivated seller! Lowest-priced 3 bed, 2.5 bath townhome in the gated Cherry Elm community of Silverleaf! No CDD fees + lawn maintenance included = incredible value!Sellers' unexpected move is your gain — don't miss this rare opportunity!This modern 2023 built Osprey floor plan has it all: 2 car garage, 1ST FLOOR MASTER SUITE with water views,double sink vanity,frameless glass shower doors,& a large walk-in closet.Upon entering the home note the plank tile floors that extend to the sliding glass doors which open to beautiful water views.This open concept floor plan also features a gorgeous kitchen with gas range,stainless appliances,white cabinetry, upgraded pendant lights,and quartz countertops.Upstairs you will find 2 additional bedrooms,a full bath, laundry room, & large bonus loft.Relax out back & enjoy watching the variety of birds that call FL home & don't miss the extra washer & dryer hook up in the garage.A perfect addition for all those beach & pool towels.Enjoy numerous style amenities: pools, playgrounds, walking trails, sports courts, etc & access to top-rated schools.This townhome is conveniently located near guest parking. Brand new elementary school is slated for 2026/2027 school year. Baptist Health has been permitted to build a hospital in Silverleaf with a scheduled opening of early 2026. Minimum lease term 6 months.

8. 2025-10-29
   price $2,000
9. 2025-10-22
   price $329,900 1391-char remark

   Show marketing remark (1391 chars)

   Motivated seller! Lowest-priced 3 bed, 2.5 bath townhome in the gated Cherry Elm community of Silverleaf! No CDD fees + lawn maintenance included = incredible value!Sellers' unexpected move is your gain — don't miss this rare opportunity!This modern 2023 built Osprey floor plan has it all: 2 car garage, 1ST FLOOR MASTER SUITE with water views,double sink vanity,frameless glass shower doors,& a large walk-in closet.Upon entering the home note the plank tile floors that extend to the sliding glass doors which open to beautiful water views.This open concept floor plan also features a gorgeous kitchen with gas range,stainless appliances,white cabinetry, upgraded pendant lights,and quartz countertops.Upstairs you will find 2 additional bedrooms,a full bath, laundry room, & large bonus loft.Relax out back & enjoy watching the variety of birds that call FL home & don't miss the extra washer & dryer hook up in the garage.A perfect addition for all those beach & pool towels.Enjoy numerous style amenities: pools, playgrounds, walking trails, sports courts, etc & access to top-rated schools.This townhome is conveniently located near guest parking. Brand new elementary school is slated for 2026/2027 school year. Baptist Health has been permitted to build a hospital in Silverleaf with a scheduled opening of early 2026. Minimum lease term 6 months.

10. 2025-10-14
    price $339,900 1391-char remark

    Show marketing remark (1391 chars)

    Motivated seller! Lowest-priced 3 bed, 2.5 bath townhome in the gated Cherry Elm community of Silverleaf! No CDD fees + lawn maintenance included = incredible value!Sellers' unexpected move is your gain — don't miss this rare opportunity!This modern 2023 built Osprey floor plan has it all: 2 car garage, 1ST FLOOR MASTER SUITE with water views,double sink vanity,frameless glass shower doors,& a large walk-in closet.Upon entering the home note the plank tile floors that extend to the sliding glass doors which open to beautiful water views.This open concept floor plan also features a gorgeous kitchen with gas range,stainless appliances,white cabinetry, upgraded pendant lights,and quartz countertops.Upstairs you will find 2 additional bedrooms,a full bath, laundry room, & large bonus loft.Relax out back & enjoy watching the variety of birds that call FL home & don't miss the extra washer & dryer hook up in the garage.A perfect addition for all those beach & pool towels.Enjoy numerous style amenities: pools, playgrounds, walking trails, sports courts, etc & access to top-rated schools.This townhome is conveniently located near guest parking. Brand new elementary school is slated for 2026/2027 school year. Baptist Health has been permitted to build a hospital in Silverleaf with a scheduled opening of early 2026. Minimum lease term 6 months.

11. 2025-09-20
    listed $2,150
12. 2025-09-11
    price $350,000 1391-char remark

    Show marketing remark (1391 chars)

    Motivated seller! Lowest-priced 3 bed, 2.5 bath townhome in the gated Cherry Elm community of Silverleaf! No CDD fees + lawn maintenance included = incredible value!Sellers' unexpected move is your gain — don't miss this rare opportunity!This modern 2023 built Osprey floor plan has it all: 2 car garage, 1ST FLOOR MASTER SUITE with water views,double sink vanity,frameless glass shower doors,& a large walk-in closet.Upon entering the home note the plank tile floors that extend to the sliding glass doors which open to beautiful water views.This open concept floor plan also features a gorgeous kitchen with gas range,stainless appliances,white cabinetry, upgraded pendant lights,and quartz countertops.Upstairs you will find 2 additional bedrooms,a full bath, laundry room, & large bonus loft.Relax out back & enjoy watching the variety of birds that call FL home & don't miss the extra washer & dryer hook up in the garage.A perfect addition for all those beach & pool towels.Enjoy numerous style amenities: pools, playgrounds, walking trails, sports courts, etc & access to top-rated schools.This townhome is conveniently located near guest parking. Brand new elementary school is slated for 2026/2027 school year. Baptist Health has been permitted to build a hospital in Silverleaf with a scheduled opening of early 2026. Minimum lease term 6 months.

13. 2025-07-31
    listed $359,500 Active 1391-char remark

    Show marketing remark (1391 chars)

    Motivated seller! Lowest-priced 3 bed, 2.5 bath townhome in the gated Cherry Elm community of Silverleaf! No CDD fees + lawn maintenance included = incredible value!Sellers' unexpected move is your gain — don't miss this rare opportunity!This modern 2023 built Osprey floor plan has it all: 2 car garage, 1ST FLOOR MASTER SUITE with water views,double sink vanity,frameless glass shower doors,& a large walk-in closet.Upon entering the home note the plank tile floors that extend to the sliding glass doors which open to beautiful water views.This open concept floor plan also features a gorgeous kitchen with gas range,stainless appliances,white cabinetry, upgraded pendant lights,and quartz countertops.Upstairs you will find 2 additional bedrooms,a full bath, laundry room, & large bonus loft.Relax out back & enjoy watching the variety of birds that call FL home & don't miss the extra washer & dryer hook up in the garage.A perfect addition for all those beach & pool towels.Enjoy numerous style amenities: pools, playgrounds, walking trails, sports courts, etc & access to top-rated schools.This townhome is conveniently located near guest parking. Brand new elementary school is slated for 2026/2027 school year. Baptist Health has been permitted to build a hospital in Silverleaf with a scheduled opening of early 2026. Minimum lease term 6 months.

14. 2025-07-28
    historical
15. 2025-07-20
    price $355,000
16. 2025-07-07
    price $352,000
17. 2025-05-16
    listed $359,900 Active
18. 2024-06-25
    soldstatus $383,000 Closed
19. 2024-06-14
    soldstatus $383,000 Closed
20. 2024-04-22
    status Pending
21. 2024-03-08
    price $399,990
22. 2024-02-16
    status Pending
23. 2024-01-17
    status Active
24. 2024-01-17
    price $396,990
25. 2023-12-20
    status Pending
26. 2023-12-01
    price $410,990
27. 2023-12-01
    price $410,990
28. 2023-09-09
    listed $408,990 Active
29. 2023-09-09
    listed $408,990 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,096 · $341/mo
• Projected year-2 tax: $4,096 · $341/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,448
• − Mortgage interest: −$19,045
• − Property taxes: −$4,096
• − Insurance: −$1,700
• − Repairs & maintenance: −$2,356
• − Management: −$2,356
• − HOA: −$2,304
• − Depreciation: −$9,891
• Taxable loss: −$12,299
• Est. tax savings @ 24.0%: +$2,952
• After-tax cash flow: $-3,280/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Johns
• NCES district ID: 1201740
• Math proficiency: 75% ▼ -5.00%
• Reading proficiency: 73% ▼ -2.00%
• Median HH income: $66,842
• Composite: 64.31/100
• National rank: #556
• State rank: #2 of 73 in FL

Livability — World Golf Village

• Score: 78/100
• State rank: #168
• US rank: #2512

Category grades

Amenities F Commute F Cost of living C Crime A+ Employment A+ Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: World Golf Village, FL
• County: Saint Johns County · 301,599 people
• City population: 48,288
• Metro: Jacksonville, FL
• Population (ZIP): 53,071
• Household income: $131,020
• Rent vs Own: 12.8% rent · 87.2% own
• Severe rent burden: 706.0

Population outlook (St. Johns County) Hauer SSP2

• Today (2025): 303,941 people
• By 2030: 342,590 · +12.7%
• By 2040: 417,328 · +37.3%
• By 2050: 487,011 · +60.2%
• By 2075: 635,395 · +109.1%
• By 2100: 717,469 · +136.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Two or more races 11% Hispanic / Latino 9% Black 6% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 2%
• Common ancestry: Lithuanian 3% Scotch-Irish 3% Slovak 3%
• Foreign-born: 10% · Canada, Vietnam
• Languages at home: 87% English-only · Spanish 6% Russian/Polish/Slavic 2% Other Indo-European 2%

Political lean MEDSL · St. Johns

• 2024 margin: Solid R (+31.4) · D 33.9% · R 65.2%
• 2008→2024 swing: +0.2pp no change · 2008: -31.6pp · 2024: -31.4pp
• All cycles: 2024: R+31.4 2020: R+26.7 2016: R+33.4 2012: R+37.8 2008: R+31.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -123.26%
• Current HPI: 259.732
• Rent YoY: ▲ 0.08%
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-99.4% since first listed

31 events — show timeline

• 2026-06-16 Rental Removed $2,250 NEFLMLS
• 2026-06-10 Listing Removed — realMLS
• 2026-06-07 Listed $340,000 realMLS
• 2026-06-06 Listed for Rent $2,250 NEFLMLS
• 2026-05-16 Listing Removed — realMLS
• 2026-04-08 Price Changed $339,000 realMLS
• 2026-03-06 Listed $350,000 realMLS
• 2025-11-13 Rental Removed $2,000 NEFLMLS
• 2025-11-08 Listing Removed — realMLS
• 2025-10-29 Price Changed $2,000 NEFLMLS
• 2025-10-22 Price Changed $329,900 realMLS
• 2025-10-14 Price Changed $339,900 realMLS
• 2025-09-20 Listed for Rent $2,150 NEFLMLS
• 2025-09-11 Price Changed $350,000 realMLS
• 2025-07-31 Listed $359,500 realMLS
• 2025-07-28 Listing Removed — realMLS
• 2025-07-20 Price Changed $355,000 realMLS
• 2025-07-07 Price Changed $352,000 realMLS
• 2025-05-16 Listed $359,900 realMLS
• 2024-06-25 Sold (MLS) $383,000 Stellar MLS as Distributed by MLS Grid
• 2024-06-14 Sold (MLS) $383,000 realMLS
• 2024-04-22 Pending — realMLS
• 2024-03-08 Price Changed $399,990 realMLS
• 2024-02-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-01-17 Relisted — realMLS
• 2024-01-17 Price Changed $396,990 realMLS
• 2023-12-20 Pending — realMLS
• 2023-12-01 Price Changed $410,990 Stellar MLS as Distributed by MLS Grid
• 2023-12-01 Price Changed $410,990 realMLS
• 2023-09-09 Listed $408,990 realMLS
• 2023-09-09 Listed $408,990 Stellar MLS as Distributed by MLS Grid

Property tax history

+135.9%/yr

Latest (2025): $4,096 · -4.5% YoY. Source: county tax records.