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Dream Finders chief Patrick Zalupski sells Ponte Vedra Beach estate after Sawgrass, Rays acquisitions

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Florida mansion
The property closed this month(Google Maps)

He’s buying big — and selling, too.

Amid a burst of splashy acquisitions across sports and hospitality, Dream Finders Homes founder and CEO Patrick Zalupski has sold his Ponte Vedra Beach estate for $8.75 million, public records show.

Zalupski listed the property for $9.9 million in May. Records show he purchased the original home on the site for $1.149 million in 2016 before demolishing it and erecting a splendorous Mediterranean-inspired residence.

PIcture of homebuilder
Patrick Zalupski (University of Florida)

The six-bedroom, eight-bathroom home spans 9,469 square feet on a 0.45-acre lot just off the sixth hole of the Ponte Vedra Inn & Club’s Ocean Course.

The estate features a two-story great room, chef’s kitchen, private library, wine cellar and expansive outdoor living areas, including a pool, spa and cabana.

A detached guest suite and fairway views add to its resort-style appeal. The property was handled by prominent local broker Jennifer White of Ponte Vedra Club Realty.

The sale lands as Zalupski has just completed two of the most significant transactions in his storied career.

As first reported by The Citizen, an investment group led by Zalupski secured the $149 million purchase of the Sawgrass Marriott Golf Resort & Spa.

An aerial view the Sawgrass Marriott property in Ponte Vedra Beach.
Aerial view of Sawgrass Marriott property in Ponte Vedra Beach. (Courtesy of Sawgrass Marriott)

The partnership, which includes South Street Partners, Dream Finders Homes, sports executive Pat Battle and additional equity partners, has pledged a comprehensive renovation of the 66-acre resort.

The property encompasses 351 hotel rooms, 163 villas, more than 114,000 square feet of meeting space, a 25,000-square-foot spa and fitness center, and the oceanfront Cabana Beach Club.

Another Zalupski-led consortium also closed its acquisition of Major League Baseball’s Tampa Bay Rays from longtime owner Stu Sternberg in a deal valued at roughly $1.7 billion.

Baseball field
Tropicana Field, home of the Tampa Bay Devil Rays (Wikimedia Commons)

The sale, now approved by MLB’s ownership committee, concludes a period of uncertainty for the franchise following the collapse of the team’s 2023 stadium proposal and the damage Hurricane Milton inflicted on Tropicana Field.

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