This home is in Ocean Palms, St. Augustine.

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Active Under Contract

Active Under Contract·223 days on market·Ocean Palms

284 San Nicolas Way

St. Augustine, FL 32080

$570,000$307/sqftEst. $3,034/moMLS# 2120475

Beds

Baths

1,858

Sq Ft

2000

Built

Garage

Pool

About this home

Ocean Palms

Spacious and stunning Aruba model in highly desirable Ocean Palms on Anastasia Island. Just minutes to the ocean, this well built concrete home is waiting for it's next owner. Ready for move in, you will relish the serenity and space in this well cared for home. Upgraded nicely to include stone counters, pocket doors, extended sitting area in the Primary Suite. The fully enclosed Florida Room is a relaxing eye into nature. The home is on a preserve and is a paradise for bird and wildlife watchers. A lovely easy to care for yard. The driveway and garage can accommodate at least 4 to 6 cars. The guest bedrooms are spacious and have a close off for privacy from the rest of the house. The Kitchen is highly functional with newer Fridge and well maintained appliances. The systems include newer HV/AC, Roof, hot water tank, disposal. This home has never had flooding of any kind.

Cost to own

Mortgage calculator

Home Price

$570,000

Down Payment: 20%

$114,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$2,897

Principal & Interest: $2,897

Est. Taxes & Insurance: $724

Estimated Total Monthly

$3,622

*Estimates based on 30-year loan at 6.55% APR (avg 30-yr rate 2026-07-16, Freddie Mac PMMS via FRED). Actual payments 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 · 7.0% · 30yr$3,034

Property taxesest. at asking price, St. Johns County$758

HOAbilled monthly$170

Estimated total, before insurance$3,962/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, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• 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	$485,149	$212,153	—
2024	$474,671	$205,326	—
2023	$461,301	$197,744	—
2022	$460,416	$194,883	—
2021	$317,066	$187,736	—
2020	$301,317	$184,447	—

Estimated taxes if purchased at asking price: ~$9,100/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 (shaded) — moderate flood risk (0.2% annual chance)

Flood insurance is optional but often inexpensive here — worth pricing.

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

Hurricane evacuation zone A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: Shingle — year not disclosed (home built 2000)

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

Sewer · St Johns County Utilities - accounts · Public water · St Johns County Utilities - water accounts

County records show this parcel on central sewer served by St Johns County Utilities - accounts — no septic system to inspect or maintain.

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

Solar potential: ~1,721 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

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History