Rare Opportunity in Sought-After Ponte Vedra Beach Under $500k. 5 minutes from the beach. Unlock the potential of this home situated on a beautiful, 119x90 lot in Dolphin Cove. This property offers an exceptional value-add for buyers ready to renovate and build instant equity. Situated on a beautiful lot with mature landscaping and a private backyard, the advantage here is in the location, lot, and upside potential. Zoned residential and without lease restrictions, NO HOA, and No Flood. Top-rated St. Johns County School District. Location offers convenient access to the beach, shopping, medical services, financial institutions, parks, and a variety of restaurants and entertainment venues. Just minutes to Mayo Clinic, Ponte Vedra Inn & Club, Sawgrass TPC, and so much more. Great short-term rental asset. Home needs repairs and updating, making it ideal for investors, renovators, or homeowners looking to customize a residence in a premier coastal location. Bring your contractor and vision - this is one you don't want to miss. Roof Permit 2013. HVAC Permit 2024 3.0 Tons 17.2 seer Vertical Heat Pump 3 Ton. Electrical Permit 2015.