Jacksonville

Ponte Vedra Beach Stunner: Oceanfront Flip Nets $10.25 Million Payday

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Published on July 17, 2026
Ponte Vedra Beach Stunner: Oceanfront Flip Nets $10.25 Million PaydaySource: Google Street View

Ponte Vedra Beach’s oceanfront strip just notched another monster win. An oceanfront home at 571 Ponte Vedra Blvd. sold on July 10 for $10.25 million, nearly double what it traded for last year. Buyers David and Regina LaMonte are stepping into one of the town’s premier oceanfront parcels, and the rapid flip is yet another sign that this stretch of sand is playing in its own price bracket.

Sale and Buyer Details

According to the Jacksonville Daily Record, the sale closed July 10 at $10.25 million, with David and Regina LaMonte listed as the buyers. The outlet identifies the seller as Akoumia LLC and notes that David LaMonte previously worked as a vice president and general manager with Enterprise Holdings’ Jacksonville group. Public property records indicate Akoumia LLC bought the house for about $5.525 million in August 2025, per Florida Parcels.

House Details and Listing

Built in 2006, the home hit the market this spring with an asking price just under $11 million. The MLS listing, credited to Julia Fattahi of Christie’s International Real Estate First Coast, spotlights sweeping ocean views, a private pool and extensive outdoor living space, according to Christie’s International Real Estate First Coast. Redfin’s public listing shows a May asking price of about $10.995 million.

Seller’s Track Record

The deal ran through Akoumia LLC, an entity tied to Jacksonville Beach residents Nickolas Stam and Alixe Stamatogiannakis. Stam, described in public reporting as a real estate developer and former COO of Florida Blue, has a history of turning Ponte Vedra Boulevard properties into sizable gains, according to the Jacksonville Daily Record. In December 2024, Stam sold a home at 697 Ponte Vedra Blvd. for $10.9 million after buying it for roughly $5.35 million in 2022.

What It Means for the Market

The sale highlights the gap between Ponte Vedra’s trophy oceanfront properties and the broader local market. Zillow data for ZIP code 32082 pegs typical home values around $852,000, underscoring how waterfront lots command outsize premiums, per Zillow. Local trackers add more fuel to the story: Momentum Realty reports Marsh Landing’s trailing 12-month median price near $2.05 million, keeping competitive pressure on the area’s top-tier waterfront offerings.

For Ponte Vedra Beach, the $10.25 million trade is a fresh reminder that well-positioned oceanfront homes still attract deep-pocketed buyers even as the wider market flattens out. County records and weekly real estate tallies are expected to reflect the transfer in the days ahead.