NOT LISTED FOR SALE

501 Ponte Vedra Blvd Ponte Vedra Beach, FL 32082

Estimated Value: $7,139,000 - $11,865,573

0.28 Acre
$33,799,493 Price per Acre
12,197 Sq Ft Lot

Last Sold September 14, 2016

Last sale price $3,250,000 $1,026 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $60,107/month

34 Days on Market

Highlights

  • Ocean Front
  • Ponte Vedra Palm Valley - Rawlings Elementary School Rated A
  • No HOA

About This Lot

As of September 2016

Premier oceanfront lot on sought-after Ponte Vedra Boulevard. Superior location with the award-winning Ponte Vedra Inn and Club just walking distance at approximately one-half mile north. This luxurious property is high and dry and offers panoramic views of the Atlantic Ocean. Included is a full set of permitted, custom-designed floor plans with a pool. These remarkable plans include two design options for the elevation. Complete with large kitchen, wine room, butler's pantry, six bedrooms, workout room, elevator and covered balconies and porches. Boutique shopping, fine dining, golf, tennis and the spa are just minutes away.

Last Agent to Sell the Property

JANE CHEFAN

FIRST COAST SOTHEBYS INTERNATIONAL REALTY License #0546879 Listed on: 08/11/2016

Last Buyer's Agent

JANE CHEFAN

FIRST COAST SOTHEBYS INTERNATIONAL REALTY License #0546879 Listed on: 08/11/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $126,869

Lot Details

  • 0.28 Acre Lot
  • Ocean Front
  • Home fronts navigable water

Property Views

  • Ocean Views

Schools

  • Ponte Vedra Rawlings Elementary School
  • Alice B. Landrum Middle School
  • Ponte Vedra High School

Community Details

  • No Home Owners Association
  • Ponte Vedra Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0558100000

Property Details

Property Type

Land

Est. Annual Taxes

$126,869

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.28
  • Lot Size: 100' Oceanfront
  • Road Surface Type: Asphalt
  • Subdivision Name: Ponte Vedra Beach
  • General Property Information Waterfront YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • ViewOcean: Yes
  • General Property Information Lot Size Acres: 0.28
  • Special Features: None

Exterior Features

  • Waterfront: Yes
  • View: Ocean
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ponte Vedra Rawlings
  • High School: Ponte Vedra
  • Middle Or Junior School: Alice B. Landrum

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 0558100000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Lowery Mark A and Lowery Samantha A
Bought by
Kappaz William J and Kappaz Laura M
Current Estimated Value
$9,463,858

Purchase Details

Closed on
Apr 6, 2017
Sold by
Llac Llc
Bought by
Lowery Mark A and Lowery Samantha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 14, 2016
Sold by
Pinnacle Real Estate Investments Llc
Bought by
Llac Llc
Seller's Agent
JANE CHEFAN
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Buyer's Agent
JANE CHEFAN
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
List Price
$3,995,000
Sold Price
$3,250,000
Premium/Discount to List
-$745,000
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Revocab Odonell John E
Bought by
Pinnacle Real Estate Investments Llc

Purchase Details

Closed on
Oct 6, 2000
Sold by
Dennis Diane Joy Milam
Bought by
Dennis Diane Joy Milam and Third Amended & Restated Diane Joy Milam
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kappaz William J $12,216,000 None Listed On Document
Lowery Mark A $1,984,700 Attorney
Llac Llc -- None Available
Pinnacle Real Estate Investments Llc $1,750,000 Old Republic
Dennis Diane Joy Milam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowery Mark A $40,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $3,250,000 -- --
09/14/2016 09/14/16 Sold $3,250,000 -18.6% $1,026 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $3,995,000 -- $1,261 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $126,869 $11,675,210 -- --
2024 $126,869 $10,613,827 $5,500,000 $5,113,827
2023 $126,869 $9,784,814 $5,000,000 $4,784,814
2022 $67,095 $5,155,837 $0 $0
2021 $67,442 $5,005,667 $0 $0
2020 $67,271 $4,936,555 $0 $0
2019 $37,492 $2,600,000 $0 $0
2018 $36,468 $2,500,000 $0 $0
2017 $37,158 $2,500,000 $2,500,000 $0
2016 $30,829 $2,025,000 $0 $0
2015 $31,427 $2,025,000 $0 $0
2014 $28,984 $1,845,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JANE CHEFAN

    FIRST COAST SOTHEBYS INTERNATIONAL REALTY

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 745193

realMLS (Northeast Florida Multiple Listing Service)

APN: 055810-0000

Florida St. Johns County Ponte Vedra Beach 32082

501 Ponte Vedra Blvd, Ponte Vedra Beach, FL

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realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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