PONTE VEDRA BEACH, Fla., April 28, 2025 /PRNewswire/ -- Miami-based luxury real estate auction house Platinum Luxury Auctions has announced another luxury home offering in Ponte Vedra Beach, Florida. On May 17, 2025, the firm will hold a luxury auction for an oceanfront home on South Ponte Vedra Boulevard. The property recently asked $5 million, but will now be sold to the highest auction bidder at or above a reserve of $2.5 million.
Platinum Luxury Auctions has announced yet another oceanfront property auction in Ponte Vedra Beach, FL. On May 17, 2025, this tri-level residence with 100 ft of direct ocean-frontage will be sold at luxury auction® to the highest bidder at or above a reserve of $2.5 million. The property recently asked $5 million. Platinum has sold three other oceanfront homes in Ponte Vedra Beach within the past 18 months. OceanfrontLuxuryAuction.com.
The beach home sits on nearly one-half acre in south Ponte Vedra Beach, Florida. It’s located within a short drive of both the coveted Ponte Vedra Inn & Club and the TPC Sawgrass golf complex, home of the PGA Tour’s headquarters. OceanfrontLuxuryAuction.com.
The large and well-equipped kitchen is filled with natural light, and can accommodate dinner parties of all sizes. OceanfrontLuxuryAuction.com.
The spacious primary bedroom offers two walk-in closets, a turreted lounge area and walk-out access to an oceanfront terrace. The home has a total of 6 bedrooms, 5 full and 1 half-bath. OceanfrontLuxuryAuction.com.
The property’s east-west orientation allows for unobstructed views of the eastern sunrise over the Atlantic Ocean, in addition to sweeping sunset vistas over the Guana River to the west. The 1,500-sf rooftop terrace (inset image) provides an excellent venue for taking in the views, and is accessible via elevator or stairs. OceanfrontLuxuryAuction.com.
The residence is made of concrete block and features commercial-grade construction components for optimal protection against the elements. Interiors span 5,700 sf, with multiple terraces – including a rooftop deck – adding another 3,100 sf. OceanfrontLuxuryAuction.com.
Platinum has sold three consecutive oceanfront homes in Ponte Vedra Beach during the past 18 months, in addition to two other waterfront homes in the broader market area of St. Johns County - where Ponte Vedra Beach is located - and neighboring Duval County. This month, Platinum's most recent sale for a 15-acre waterfront estate in St. John's closed at $8.2 million. The auction house is working with listing agent Tracie Porreca of Better Homes and Gardens Real Estate Lifestyles Realty for the upcoming Ponte Vedra Beach sale.
"With 100 ft of direct ocean frontage and solid construction, the property is an excellent choice for anyone seeking to make a sound investment in Florida oceanfront property," according to Trayor Lesnock, Platinum's founder and president. "And with a $2.5 million reserve, the pricing opportunity makes abundant sense for both end-user purchasers and investors." Lesnock added that the property has been used both as a private residence and for high-end vacation rentals and upscale events.
The property occupies nearly one-half acre, and is sited in an east-west orientation, allowing for sweeping views of the sunrise and Atlantic Ocean to the east and sublime vistas of the sunset and Guana River to the west. The residence includes a 1,500-sf rooftop terrace – accessible via elevator or stairway – that provides an excellent spot for enjoying the aforementioned viewscapes.
Three living levels offer 5,700 sf of interiors, with the rooftop and additional terraces adding another 3,100 sf. There are 6 total bedrooms, 5 full and 1 half-bath, including a sprawling primary bedroom suite with two walk-in closets, a lounge area and walk-out access to an oceanfront terrace.
The residence features concrete construction, in addition to commercial-grade building components such as 30 ground pilings, hollow-core concrete floors, closed-cell insulation roofing, and impact windows and doors. The parcel's added elevation is such that it sits in a mitigated flood zone, resulting in substantially reduced insurance costs. Grounds include a private entry with dual, electronic gates, dune walk-over bridge for direct beach access, and drive-around parking with a rear porte cochère, which can be enclosed for create to an oceanside patio off the lowermost living level.
Other notable features include a gourmet kitchen, elevator servicing all levels and the rooftop, multiple fireplaces, whole-home water filtration and central audio system throughout the interiors and outdoor terraces.
The property's location on desirable Ponte Vedra Boulevard is within a short drive of the coveted Ponte Vedra Inn and Club, a AAA Five Diamond resort. It's also within close proximity of the famous TPC Sawgrass golf course, headquarters of the PGA Tour. Downtown Jacksonville and its international airport are within a 35-min drive.
Daily tours of the property are available by appointment through May 16, and may be scheduled through Platinum's project manager, Walter Cerini, at 800.997.4235. Property photos, videography and due diligence documents are also hosted online at OeanfrontLuxuryAuction.com.
About Platinum Luxury Auctions: Platinum Luxury Auctions created the luxury auction® model for multimillion-dollar real estate auctions and owns the federal trademark rights to the term "luxury auction." The Miami-based auction house specializes in the non-distressed sale of multimillion-dollar properties throughout the U.S. and select international markets, and has offered properties in 33 states and 15 countries to date. Platinum's team has closed more than $1.7 billion in luxury auction sales, and has consulted or advised HNW and UHNW individuals on more than $4.5 billion in luxury property assets. PlatinumLuxuryAuctions.com.
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