This home is in Villages of Valencia, St. Augustine — a waterfront home in St. Johns County.
Sold·Closed Jun 29, 2026·33 days on market·Recent sales in Villages of Valencia·Villages of Valencia
394 Balearics Drive
St. Augustine, FL 32086
4 more homes for sale in Villages of Valencia →Search Villages of Valencia on the map
About this home
Villages of Valencia
Hidden away on a quiet cul-de-sac road is a water view home for you that was built by and voted the ''Best Home Builder in St Augustine'' (MasterCraft). To top off this home for you we've added many upgrades such as wood look ceramic tile flooring throughout the house, quartz kitchen counter top, custom kitchen cabinetry and lighting, plantation shutters, custom window shades and many more extras. The builder has used top quality materials such as 2X6'' exterior walls, 50-year architectural shingles and heavy insulation in walls and attic (approx. 3 ft in height of blown in insulation in attic) This 1,798 sq. ft. home was completed in December 2015 and has 3 bedrooms, an office, beautiful kitchen with under the cupboard decorative lighting and a good-sized pantry. A deep well (102 ft.) Irrigation system keeps the monthly water bill down to about $60-70. Tray ceilings in the family room and master bedroom. Exit the house, through the up-graded garden doors with built in blinds, to lanai
Next steps in Villages of Valencia
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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.
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Cost to own
Mortgage calculator
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $345,004 | $106,006 | — |
| 2024 | $333,478 | $100,902 | — |
| 2023 | $336,014 | $95,050 | — |
| 2022 | $315,960 | $89,369 | — |
| 2021 | $225,513 | $83,853 | — |
| 2020 | $217,879 | $81,315 | — |
Estimated taxes if purchased at asking price: ~$6,300/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.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $236/sq ft; this home is listed at $222/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 128 Modesto Drive, St. Augustine, FL 32086Listed by REAL BROKER LLC | Jul 2026 | $320,000 | $229 | 3/2 | 1,397 | 246 | 0.3 |
| 756 Crestwood Drive, St. Augustine, FL 32086Listed by ENDLESS SUMMER REALTY | Aug 2026 | $339,900 | $214 | 2/2 | 1,592 | 1 | 0.5 |
| 214 Deltona Boulevard, St. Augustine, FL 32086Listed by MEMORY HOPKINS REAL ESTATE | Jun 2026 | $460,000 | $197 | 4/3 | 2,334 | 220 | 0.5 |
| 564 Domenico Circle, St. Augustine, FL 32086Listed by REALTY ONE GROUP ELEVATE | Sep 2026 | $415,000 | $236 | 3/2 | 1,755 | 21 | 0.6 |
| 480 Diosa Court, St. Augustine Shores, FL 32086Listed by WATSON REALTY CORP | Oct 2026 | $351,000 | $243 | 3/2 | 1,447 | 80 | 0.8 |
| 429 Altara Drive, St. Augustine, FL 32086Listed by FLORIDA HOMES REALTY & MTG LLC | Jul 2026 | $388,000 | $260 | 3/2 | 1,490 | 76 | 0.8 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Additional Information
Listing Courtesy of: SAVVY AVENUE, LLC.
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
The neighborhood
About Villages of Valencia
Villages of Valencia is a neighborhood in Southern St. Johns County, FL (St. Johns County), ZIP 32086.
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Your Local Realtor

Krista Fracke
Broker Associate
This home sold on Jun 29, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
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