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Under Construction Ponte Vedra Home Sells For $9.8M In Less Than 24 Hours

An artist's rendering of the home being built at 1329 Ponte Vedra Blvd.
Via Jacksonville Daily Record
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An artist's rendering of the home being built at 1329 Ponte Vedra Blvd.

Within hours of listing the nearly $10 million home at 1329 Ponte Vedra Blvd., Realtor Rina Stermilli had three offers on the property, a process that typically takes two years for similar multimillion-dollar homes.“The home was pretty much off the market within the first 24 hours,” Stermilli told WJCT News partner the Jacksonville Daily Record. “I listed the home midday. We had all three offers in writing by 10 p.m. that evening.”

She gave the seller, Ocenture founder and CEO Fraser Burns, 24 hours to select a buyer. Several other offers came in during that period, but Burns choose the $9.8 million offer, $273,500 more than the asking price.

It is the highest-priced home sale this year, and also tops all Northeast Florida home sales in 2020.

To find out who bought the under construction home, which is expected to be completed by the end of May, see the expanded version of this story at JaxDailyRecord.com. The expanded story also includes additional renderings about details about the home.