This home is in Old Ponte Vedra, Ponte Vedra Beach — a waterfront home in Ponte Vedra Beach.
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Sold·Closed Jan 6, 2026·60 days on market·Recent sales in Old Ponte Vedra·Old Ponte Vedra
531 Le Master Drive
Ponte Vedra Beach, FL 32082
5 more homes for sale in Old Ponte Vedra →Search Old Ponte Vedra on the map
About this home
Old Ponte Vedra
LOCATION, LOCATION, LOCATION in the heart of Old Ponte Vedra Beach—Set on a prime lagoon waterfront lot in one of Ponte Vedra's most coveted neighborhoods, 531 Le Master Drive offers the ultimate in beachside living—bright, breezy, and built for comfort.This beautifully updated, one-story home features 3 bedrooms + a flex 4th bedroom, 4 full bathrooms, and sweeping lagoon views from the east-facing backyard. Step inside to soaring high-volume ceilings, marble floors, and walls of windows that flood the space with natural light and capture ocean breezes. The open layout is ideal for entertaining, flowing seamlessly from living spaces to the private pool and spa overlooking the water with a dock. Recent updates include new interior paint, lighting, upgraded electrical and 2 updated bathrooms. The flexible 4th ensuite bedroom makes a perfect office, guest suite, or den. An added feature is the lagoon side sun room, which is washed in natural light.
Next steps in Old Ponte Vedra
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Flood zone not yet determined
Check the exact parcel at msc.fema.gov or ask Krista to pull it.
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Evacuation zone not yet determined
Check floridadisaster.org/knowyourzone.
Roof: Concrete, Tile — year not disclosed (home built 1991)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,793 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeThis Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
Around this address
Nearby, from public data
The closest public beach, park, water access, league fields and grocery store from this home's location.
Closest beach access
Walkover between 541 & 545 Ponte Vedra Blvdabout 0.4 mi
Closest park or preserve
Nocatee Preserveabout 7 mi · 2,378 acres
Closest public boat ramp
Palm Valley Public Landingabout 6 mi · Tolomato River
Closest kayak & paddleboard launch
Cradle Creek Preserve Kayak Launch (Long Portage!)about 4 mi · Cradle Creek - San Pablo Creek
Closest youth league fields
Seabreeze Elementaryabout 4 mi · Baseball
Closest grocery store
Winn-Dixieabout 0.6 mi · 290 Solana Road, Ponte Vedra Beach
Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; stores from state food permits and each chain’s store list. Distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.
Sun & Light
East-facing backyard — the morning-light lot
The listing reports the home facing west, which puts the backyard and pool on the east side. Today at this address: sunrise 7:37 AM, sunset 6:42 PM.
- A pool back here warms with the morning and sits in shade by late afternoon: cooler water than a west lot, and evening swims without the glare.
- The rear takes the sunrise and the gentle morning sun, then goes shaded through the afternoon — the classic comfortable-summer-evening lanai in Florida.
- The front of the home carries the hot western afternoon instead of your living space.
Orientation per the MLS listing; sun paths are seasonal geometry for Northeast Florida, not a shade study — trees, screening, and neighboring structures change the picture on any specific lot.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $2,565,655 | $2,514,933 | — |
| 2024 | $2,551,893 | $1,380,383 | — |
| 2023 | $2,274,112 | $1,319,288 | — |
| 2022 | $1,961,739 | $1,191,250 | — |
| 2021 | $1,583,127 | $1,154,951 | — |
| 2020 | $1,591,766 | $1,138,246 | — |
2024 property taxes (current owner): $34,634/yr
Estimated taxes if purchased at asking price: ~$55,900/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $1,926/sq ft; this home is listed at $1,078/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 521 Sunset Drive, Ponte Vedra Beach, FL 32082Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | Jul 2026 | $1,575,000 | $603 | 4/3.5 | 2,614 | 4 | 0.3 |
| 48 Jackson Avenue, Ponte Vedra Beach, FL 32082Listed by PONTE VEDRA CLUB REALTY, INC. | Oct 2026 | $1,825,000 | $594 | 4/3 | 3,073 | 98 | 0.5 |
| 418 Ponte Vedra Boulevard, Ponte Vedra Beach, FL 32082Listed by INI REALTY | Sep 2026 | $5,400,000 | $1,926 | 3/3 | 2,804 | 78 | 0.5 |
| 571 Ponte Vedra Boulevard, Ponte Vedra Beach, FL 32082Listed by RE/MAX SPECIALISTS PV | Jul 2026 | $10,250,000 | $2,353 | 5/5.5 | 4,357 | 0 | 0.5 |
| 346 Pablo Terrace, Ponte Vedra Beach, FL 32082Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | Sep 2026 | $3,950,000 | $999 | 4/4 | 3,954 | 48 | 0.7 |
| 333 Ponte Vedra Boulevard, Ponte Vedra Beach, FL 32082Listed by BERRY & CO. REAL ESTATE | Aug 2026 | $9,700,000 | $2,766 | 6/4 | 3,507 | 1 | 0.9 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Sold by: THE AGENCY AT PONTE VEDRA (buyer's brokerage)
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
The neighborhood
About Old Ponte Vedra
Old Ponte Vedra is a neighborhood in Ponte Vedra Beach, FL (St. Johns County), ZIP 32082.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Jan 6, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
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Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines