This home is in Old Ponte Vedra, Ponte Vedra Beach — a waterfront home in Ponte Vedra Beach.
Sold·Closed Jun 26, 2026·34 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
Located in one of Ponte Vedra Beach's most coveted neighborhoods - Old Ponte Vedra - this exceptional property sits on a prime waterfront lot and captures the essence of effortless coastal living. Spacious, light filled and designed for comfort. The beautifully updated, one story home offers 3 bedrooms, 4 full bathrooms and an oversized, en-suite flex space for use as a 4th bedroom, private office or den. The soaring high ceilings create a luxurious, airy atmosphere and walls of windows along the back of the home offer tranquil water views from most every room. Beautiful, white oak vinyl flooring deliver a coastal modern feel and seamlessly connect the living spaces throughout the home. Adding to the home's charm is the lagoon side sunroom bathed in natural light and offering a peaceful place to relax and enjoy the serene water views. Step outside to the private pool and spa overlooking the lagoon complete with a dock and ample space for outdoor entertaining. Moments from the ocean.
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.
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
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: 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.
Sun & Light
West-facing backyard — the sunset lot
The listing reports the home facing east, which puts the backyard and pool on the west side. Today at this address: sunrise 7:25 AM, sunset 6:59 PM.
- A pool back here is the warmest in town and glitters in the evening; expect afternoon glare on west-facing glass and real value in lanai screening or shade trees.
- Sunsets happen over your own backyard — and in summer the rear takes the full afternoon sun, so the lanai runs hottest of any orientation from about 3pm on.
- Morning coffee happens in shade; the front of the home takes the sunrise.
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
Last sold: $3,160,000 in February 2024(county public record, not MLS data)
| 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 | — |
24 property taxes (current owner): $34,634/yr
Estimated taxes if purchased at asking price: ~$54,300/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 $688/sq ft; this home is listed at $1,021/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 |
| 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 |
| 35 Jefferson Avenue, Ponte Vedra Beach, FL 32082Listed by COMPASS FLORIDA LLC | Jun 2026 | $2,600,000 | $688 | 5/4 | 3,779 | 19 | 0.5 |
| 57 Sea Winds Lane E, Ponte Vedra Beach, FL 32082Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | Jul 2026 | $1,340,000 | $520 | 3/3 | 2,575 | 6 | 0.6 |
| 1242 Salt Creek Island Drive, Ponte Vedra Beach, FL 32082Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | Jun 2026 | $2,995,000 | $687 | 4/4.5 | 4,361 | 14 | 0.6 |
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: THE AGENCY AT PONTE VEDRA
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.
View all Old Ponte Vedra homes for sale →Keep looking
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Jun 26, 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
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines