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Active Under Contract

Active Under Contract·78 days on market

7280/7250 US Highway 1

St. Augustine, FL 32095

$2,899,000Est. $14,781/moMLS# 2019146

Beds

Baths

Sq Ft

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Built

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Garage

Pool

About this home

St. Augustine

Great commercial land development opportunity on very high traffic US-1 near intersection of International Gold Pkwy just a few hundred feet from Publix, restaurants, a vet clinic, health & wellness, UPS store, ATT, Great Clips, and other retail stores at The Shoppes at Palencia Commons. Property is two side-by-side separate tracts that total 4.36 acres. Seller will consider selling each tract separately. A crossover with turning lane already exists at the north property & a u-turn crossover with turning lane is in front of the south tract. Zoning is CN (commcl nbrhood FLU Mixed Use) & has many uses as-is, but with a zoning change or PUD and some wetland mitigation, any number of commercial intensive uses could be possible. Fast growing area in need of fast food, oil change center, tire center, retail storefront, offices, or other uses offers very high traffic counts, easy access, and long major highway (US-1) frontage near a major intersection. Owner may carry some financing.

Cost to own

Mortgage calculator

Home Price

$2,899,000

Down Payment: 20%

$579,800

Interest Rate: 6.58%

Loan Term

Monthly Payment

$14,781

Principal & Interest: $14,781

Property taxes (est.): $3,858

Insurance (est.): $1,933

Estimated Total Monthly

$20,571

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.58% · 30yr$14,781

Property taxesest. at asking price, St. Johns County$3,858

Estimated total, before insurance$18,639/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$215,489	$157,526	—
2024	$200,267	$143,205	—
2023	$203,070	$130,186	—
2022	$141,191	$118,351	—
2021	$107,592	$107,592	—
2020	$103,354	$103,354	—

2023 property taxes (current owner): $2,309/yr

Estimated taxes if purchased at asking price: ~$46,300/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: material not specified

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Likely septic · Public water · St Johns County Utilities - water accounts

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,623 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History