Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10033 Sawgrass Dr W, Unit 121 Ponte Vedra Beach, FL 32082

    Sponsored
    Picture of Office space at Sawgrass Dr W 10033, Ponte Vedra Beach, FL
    For Lease
    $1,114 /Mo ($0.99 SF/Yr)

    COMMERCIAL - Ponte Vedra Beach, FL

    Type:Office
    Property size:
    13,502 SF
    Lot size:
    1.21 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 3 at 5:06 pm

    Property Features for 10033 Sawgrass Dr W

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security Lighting
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
    Bathrooms
    4
    APN
    0619000003
    Parking features
    Off Street
    Accessibility
    Accessible Approach with Ramp
    Size
    13,502 SF
    Lot size
    1.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Heat Pump (Heating), Electric (Heating)
    Cooling system
    Electric, Central Air, Heat Pump
    Water source
    Public
    Water front features
    Pond

    Building Details

    Year built
    1973
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl

    We can help!

    Listing Contact
    ROBIN JARRETT

    Old Beach Realty Company (904) 247-7000

    Listing agent ROBIN JARRETT (904) 247-7000

    Listing date Feb 3, 2026

    MLS# 2128366

    Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Office Space in Ponte Vedra

    This commercial property, located in Ponte Vedra Beach, Florida, offers office space for lease. The property is situated on a 1.21-acre lot. The available space is unit 121, located at 10033 Sawgrass Drive W, and has a total area of 13502 square feet. The lease term is for two years, with a 3-5% increase beginning in the second year. The base rent is $1113.75, with a total rent of $1335.83.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ponte Vedra Beach
    County
    St. Johns
    State
    Florida
    Longitude
    -81.378016
    Latitude
    30.188684

    Nearby Similar for Lease

    • $9,647 /Mo
      3,087 SF

      Waterfront Office Space For Lease

      First-floor Ponte Vedra office space with excellent visibility and modern finishes.
      572 Ponte Vedra Blvd Unit, Ponte Vedra Beach, FL 32082
      View Details
    • Contact for pricing
      2,851 SF

      Mixed-Use Retail and Office Development

      26,600 SF mixed-use development at a signalized intersection.
      1110 A1A N, Ponte Vedra Beach, FL
      View Details
    • Contact for pricing
      114,159 SF

      Nocatee Town Center Retail Space

      Prime Ponte Vedra Beach Retail Opportunity
      120 Marketside Ave, Ponte Vedra Beach, FL 32081
      View Details
    • $13 SF/Yr
      12,000 SF

      Ponte Vedra Beach Office Suites

      Class A office space, flexible options.
      522 A1A Hwy, Ponte Vedra Beach, FL 32082
      View Details
    • $38 SF/Yr
      1,553 SF

      Retail Space Near PGA TOUR

      Retail space for lease near PGA TOUR headquarters and TPC Sawgrass.
      280 Vlg Main St, Ponte Vedra Beach, FL
      View Details
    • Contact for pricing
      4,127 SF

      Ponte Vedra Beach Medical Office Space

      Move-in ready medical suites in prime location.
      130 Professional Dr, Ponte Vedra Beach, FL 32082
      View Details
    • Contact for pricing
      12,213 SF

      Retail Space in Ponte Vedra

      Retail space available in affluent Ponte Vedra Beach community.
      225 Vlg Main St, Ponte Vedra Beach, FL
      View Details
    • Contact for pricing
      3,416 SF

      Freestanding Retail Space Available Soon

      Freestanding and endcap retail spaces in affluent Ponte Vedra.
      3795 Palm Valley Rd, Ponte Vedra Beach, FL 32082
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Affluent Community

      Freestanding retail and endcap spaces available in Ponte Vedra.
      3791 Palm Valley Rd, Ponte Vedra Beach, FL 32082
      View Details
    • Contact for pricing
      5,357 SF

      Retail Space in Ponte Vedra

      Retail space for lease in Ponte Vedra Beach, Florida.
      601 A1A N, Ponte Vedra Beach, FL
      View Details
    • $27 SF/Yr
      1,800 SF

      Nocatee Town Center Office Space

      New construction office space next to Publix in Nocatee.
      220 Nocatee Vlg Dr, Ponte Vedra Beach, FL
      View Details
    • Contact for pricing
      610 SF

      Ponte Vedra Beach Office Space

      Office space available for rent in Ponte Vedra Beach.
      13000 Sawgrass Village Cir, Ponte Vedra Beach, FL 32082
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for lease in Ponte Vedra Beach, Florida.
    Where is this office space located?
    The property is located at 10033 Sawgrass Dr W, Unit 121 Ponte Vedra Beach, FL.
    What is the lease rate?
    The lease rate is $0.99 SF/Yr.
    What are key features of this property?
    This property features: - Waterfront features: Pond; - Accessible approach with ramp; - Central heating and cooling for year-round comfort
    (904) 247-7000
    Request Owner's contact information
    10033 Sawgrass Dr W, Unit 121 Ponte Vedra Beach, FL 32082
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10033 Sawgrass Dr W, Unit 121
    Ponte Vedra Beach, FL 32082
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10033 Sawgrass Dr W, Unit 121 Ponte Vedra Beach, FL 32082
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    ROBIN JARRETT
    (904) 247-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.