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Active

Active·199 days on market

89 Pegasus Road

Flagler Beach, FL 32136

$589,990$187/sqftEst. $3,008/moMLS# 2123947

Beds

Baths

3,161

Sq Ft

2026

Built

Garage

Pool

About this home

Flagler Beach

Discover your dream home in the Magnolia Series at Reserve East. The versatile Silver Maple welcomes you with a charming front porch. Inside, a dramatic two-story foyer leads to a spacious study and open concept living space including a casual dining area, a large chef's kitchen with a center island, and a great room with access to the patio. Additional main-floor highlights include a secluded owner's suite, featuring a sprawling walk-in closet and an en-suite bath with dual vanities and a separate tub and shower. Upstairs, a loft provides access to a full hall bath and four generous secondary bedrooms each with a walk-in closet and one with its own private bath. Includes a 3-bay garage!

Cost to own

Mortgage calculator

Home Price

$589,990

Down Payment: 20%

$117,998

Interest Rate: 6.58%

Loan Term

Monthly Payment

$3,008

Principal & Interest: $3,008

Insurance (est.): $393

Estimated Total Monthly

$3,402

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, Freddie Mac PMMS via FRED). Taxes vary by county; 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$3,008

HOAbilled monthly$140

Estimated total, before insurance$3,148/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$594/yr · $49/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 (that applies to the reference bill above too).

Cost to own

Taxes & assessment

2025 property taxes (current owner): $594/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. Sources: Florida DOR certified tax roll, 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.

Hurricane evacuation zone HUR

Check floridadisaster.org/knowyourzone for what this designation means locally.

Roof: Shingle — year not disclosed (home built 2026)

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

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

Price & status history

Jan 7, 2026Listed$589,990

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$589,990

Price / Sq Ft$187

Bedrooms5

Bathrooms3.50

Full Baths3

Half Baths1

Square Footage3,161

Year Built2026

TypeResidential

Sub-TypeSingle Family Residence

StyleRanch

Property ConditionUnder Construction

StatusActive

# of Garages3

Has PoolNo

Is WaterfrontNo

New ConstructionYes

School Information

ElementaryOld Kings

MiddleBuddy Taylor

HighMatanzas

Community Information

Address89 Pegasus Road, Flagler Beach, FL 32136

Area601-Flagler County-North Central

SubdivisionPalm Coast

CityFlagler Beach

CountyFlagler

StateFL

Zip Code32136

Parcel Number0212315155000001560

Amenities

AmenitiesPool, Clubhouse, Dog Park, Pickleball

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water SourcePublic

ParkingGarage, Garage Door Opener

Interior

Interior FeaturesBreakfast Bar, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)

AppliancesConvection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater

HeatingElectric

CoolingElectric

# of Stories2

LevelsTwo