05:10 AM EST Share Nine of the top 10 local sales are homes in Ponte Vedra Beach in St. Johns County.
A general rule in residential real estate is that oceanfront property comes with a premium price.
That concept was exemplified in Northeast Florida in 2020, when nine of the top 10 sales by price – totalling nearly $67 million – were recorded for homes with property lines at the sand along the Atlantic Ocean.
It’s even more specific. Nine of the top 10 local sales are homes in Ponte Vedra Beach in St. Johns County. Eight have addresses along an 8-mile stretch of the same road: Ponte Vedra Boulevard by the Ponte Vedra Inn & Club. The other is along a golf course at the club.