Oceanfront Home In Ponte Vedra Beach Sells For Record $22M In Cash Transaction

An oceanfront home located at 349 Ponte Vedra Boulevard in Ponte Vedra Beach, Northeast Florida, was sold in a cash transaction for a record-setting price of $22 million on January 31, 2024. The property, originally purchased by Christopher and Letitia Aitken for $3.15 million in 2013, underwent extensive renovations and now spans 8,293 square feet. It features five bedrooms, eight bathrooms, a pool, and luxurious amenities. The sale attracted an anonymous buyer.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $22,000,000
• Address: 349 Ponte Vedra Boulevard, Ponte Vedra Beach
• Market: Ponte Vedra Beach
• Acres: 0.37
• Seller: Christopher & Letitia Aitken
• Buyer's Representative: Sharon Qualls - Berkshire Hathaway HomeServices
• Seller's Representatives: Jennifer Martin Faulkner & Kim Martin-Fisher - Douglas Elliman
• Square Footage: 8,293
• Price Per Square Foot: $2,653

The sale of this oceanfront property in Ponte Vedra Beach, Northeast Florida, marks a significant milestone with its record-setting transaction amount of $22 million. The property's extensive renovations and luxurious amenities undoubtedly played a role in attracting an anonymous buyer, who recognized the value and potential of this stunning coastal home.