Lakewood Ranch, left and above, a luxury condominium in a gated community, with golf course views. This ideal “lock-and-leave” property has three beds, 2.5 baths, a loft and a double garage – $266,192 (£165,930), through www.YourGlobalAgents.com


Tour, takes place every spring at TPC Sawgrass in Ponte Vedra Beach on the Atlantic coast a few miles east of Jacksonville. This isn’t a typical Florida tourist


destination, but, with 28 courses, it’s serious golfi ng country with interesting investment potential. “From 2006, the air started


coming out of the balloon, with prices dropping by 40 per cent or more,” reports local realtor David Neves (www.davidnevesrealestate.com). “But since March, things have


stabilised, with an inventory drop of 30 per cent.” Neves recommends the World Golf


Village in St Augustine, where he’s selling a two-bedroom Laterra Condo for $104,000 (£64,900), which would have cost three times as much six years ago. He also has a four-bedroom detached


villa on Mariam Elias Way for $224,900 (£140,340) – pictured on page 61. With two championship courses, the


golf initiation fee at WGV costs $10,000 to $15,000 (£6,240 to £9,360), depending on property location. In the Sawgrass community itself,


“We have a five-bedroom detached pool villa on the market here for $289,999 ( 180,930) that would have cost about $515,000 ( 321,300) in 2006” – Jerry Barker


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