5015 Shore Drive

St. Augustine, FL 32086

$329,900$357/sqftEst. $1,682/moMLS# 2140176

Beds

Baths

925

Sq Ft

1967

Built

—

Garage

Pool

About this home

St Augustine South

Investor Special with Stunning Marsh & Water Views - Prime Location in St. Augustine South. Opportunity awaits in one of the most desirable neighborhoods in St. Augustine! This property is all about LOCATION and POTENTIAL! Nestled in the sought after St. Augustine South community, this homesite offers breathtaking marsh and water views that are hard to come by. The exsisting structure is in poor condition and will require full renovation or possible teardown, making it ideal for investors, builders, or buyers looking to create a custom dream home from the ground up. No HOA - bring your vision! Ideally situated near county boat ramps and the Intracoastal Waterway, with easy access to shopping, hospital,and historic downtown St. Augustine. Enjoy relaxing days on the area's stunning white sandy beaches just minutes away. This is a rare chance to secure a premium lot (potential for an additional lot next door) in a prime location at a value price. Weather you're looking to

Cost to own

Mortgage calculator

Home Price

$329,900

Down Payment: 20%

$65,980

Interest Rate: 6.58%

Loan Term

Monthly Payment

$1,682

Principal & Interest: $1,682

Property taxes (est.): $439

Insurance (est.): $220

Estimated Total Monthly

$2,341

*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$1,682

Property taxesest. at asking price, St. Johns County$439

Estimated total, before insurance$2,121/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$725/yr · $60/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

Year	Market value	Taxable value	Change
2025	$307,835	$0	—
2024	$306,348	$0	—
2023	$307,188	$0	—
2022	$245,798	$0	—
2021	$204,047	$0	—
2020	$195,263	$0	—

2025 property taxes (current owner): $725/yr

Estimated taxes if purchased at asking price: ~$5,300/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.