This home is in Ocean Palms, St. Augustine.

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Active·97 days on market·Ocean Palms

949 N Griffin Shores Drive

St. Augustine, FL 32080

$3,700,000$844/sqftEst. $19,693/moMLS# 2139453

Beds

Baths

4,382

Sq Ft

2027

Built

Garage

Pool

About this home

Ocean Palms

Located within the gated community of Ocean Palms, Griffin Shores Drive is one of the most desired addresses in St Augustine. On just under an acre of land, this coveted location allows for deep water at all tides and is only minutes from the Matanzas inlet with nearly instant ocean access. Facing a conservation area and wildlife habit, the natural beauty that surround creates a private oasis. Designed with both elegance and functionality in mind, this stunning home provides expansive living spaces, modern conveniences, and exceptional outdoor features showcasing the pristine natural beauty. Inside, volume ceilings and expansive windows open to sweeping views of the Intracoastal. The Great Room serves as the heart of the home with a cozy fireplace, dry bar, and dedicated wine storage. An open gourmet kitchen, complete with butler's pantry flows seamlessly into the formal dining room.

Cost to own

Mortgage calculator

Home Price

$3,700,000

Down Payment: 20%

$740,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$18,807

Principal & Interest: $18,807

Est. Taxes & Insurance: $4,702

Estimated Total Monthly

$23,508

*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$19,693

Property taxesest. at asking price, St. Johns County$4,923

HOAbilled monthly$136

Estimated total, before insurance$24,752/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	$800,000	$710,088	—
2024	$800,000	$645,535	—
2023	$800,000	$586,850	—
2022	$733,600	$533,500	—
2021	$485,000	$485,000	—
2020	$485,000	$485,000	—

2025 property taxes (current owner): $10,168/yr

Estimated taxes if purchased at asking price: ~$59,100/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 AE — high-risk flood zone (Special Flood Hazard Area)

Lenders require flood insurance for financed purchases here.

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: material not specified — year not disclosed (home built 2027)

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

Solar potential: ~1,251 usable sun-hours per year

Moderate solar exposure — shade or roof orientation limits panel output here.

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