This home is in Buena Esperanza, St. Augustine.
Active·121 days on market·Buena Esperanza
158 Blanco Street
St. Augustine, FL 32084
About this home
Buena Esperanza
Fully renovated and income producing, this exceptional two-story, four bedroom, three bath property is ideally located in the heart of historic St Augustine, just a short walk to vibrant downtown attractions, dining, and entertainment. Currently operating as a successful short-term rental on Airbnb and VRBO, this turn key investment offers both immediate revenue potential and long term value. Thoughtfully updated from top to bottom, the home features a new roof, new windows, updated plumbing and electrical systems, and fresh interior and exterior paint, Inside, you'll find durable luxury vinyl flooring throughout, a beautifully renovated kitchen with solid surface countertops, soft-close cabinetry, tile backsplash, stainless steel appliances and a farmhouse sink. All bathrooms have been fully updated with modern fixtures and finishes. The spacious second-floor primary suite offers privacy and comfort, complete with a step-in shower and a full retreat style layout.
Cost to own
Mortgage calculator
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 (that applies to the reference bill above too).
Cost to own
Taxes & assessment
Last sold: $275,000 in October 2023(county public record, not MLS data)
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $478,100 | $324,466 | — |
| 2024 | $242,189 | $242,189 | — |
| 2023 | $275,036 | $275,036 | ▼ $107,711 |
| 2022 | $318,631 | $8,965 | — |
| 2021 | $241,145 | $7,976 | — |
| 2020 | $192,388 | $7,521 | — |
2025 property taxes (current owner): $7,146/yr
Estimated taxes if purchased at asking price: ~$14,000/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: Metal — year not disclosed (home built 1910)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer · FL0021938 - City of Saint Augustine WWTP - customer accounts · Public water (record)
County records show this parcel on central sewer served by FL0021938 - City of Saint Augustine WWTP - customer accounts — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,687 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 homeAs 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
- Aug 14, 2026Price change$875,000−$50,000
- May 1, 2026Listed$925,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
The neighborhood
About Buena Esperanza
Buena Esperanza is a neighborhood in St. Johns County, FL (St. Johns County), ZIP 32084.
View all Buena Esperanza homes for sale →Listing Courtesy of: WATSON REALTY CORP
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
Broker Associate
Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.
Text Krista about this home20+ years · 500+ closings · NE Florida
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Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines