One of few undeveloped beachfront properties in Ponte Vedra Beach is coming up for auction.
Miami-based Platinum Luxury Auctions is placing the property at 1331 Ponte Vedra Blvd. on the block June 19 with a $5.4 million reserve.
Trayor Lesnock, founder of the auction firm, is in charge of the sale, for which participants must pay a $100,000 refundable deposit via cashier’s check or the auction bank. The deposit is due by 5 p.m. June 18.
Lesnock has scheduled the auction in a hotel near the property and says in-person bidding is preferred…