Financial Times labels Ponte Vedra Beach a ‘hidden gem for prime homes’

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The Financial Times, a news organization of international acclaim, recently profiled Ponte Vedra Beach as a prime location for real estate in Florida.

Citing the area’s proximity to the beach and numerous golf courses, the article detailed some of the attractions that Ponte Vedra Beach holds for professionals in the Greater Jacksonville area.

“On one side, oceanfront mansions overlook a sugar-white beach with 40-foot sand dunes,” wrote Alistair Gray, the Financial Times’ U.S. financial correspondent. “On the other, country clubs and gated communities face a pretty stretch of the east coast’s Intracoastal Waterway.”

According to Gray, these aspects make Ponte Vedra Beach an ideal location for the growing influx of higher-income workers in Jacksonville, which this year, Forbes listed as the fifth fastest-growing city in the country.

“The four biggest U.S. banks – JPMorgan Chase, Bank of America, Citigroup and Wells Fargo – together employ 20,000 people locally,” Gray wrote. “Healthcare and defence [sic] also support the local economy. Military facilities employ more than 50,000 people while Mayo Clinic has one of its major medical centres [sic] in Jacksonville.”

To read the Financial Times article in full, visit https://www.ft.com.