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Active

Active·82 days on market

265 Cacique Drive

St. Augustine, FL 32086

$425,000Est. $2,167/moMLS# 2143555

Beds

Baths

Sq Ft

—

Built

—

Garage

Pool

About this home

St. Augustine

Positioned within the established community of St. Augustine Shores, this vacant commercial parcel presents a unique opportunity for both investors and business owners alike. Currently zoned PUD and designated for business use, the property offers the ideal location for a small business, church, or office space. With the potential to apply for a Major Modification to allow for residential use instead, this parcel opens the door to a variety of future possibilities. Located in one of St. Augustine's most well-known communities, the Shores is highly valued for its blend of convenience and lifestyle. Residents enjoy access to a wide range of amenities including a golf course, community pool and clubhouse, a fishing pier along the Intracoastal Waterway, waterfront parks, playgrounds, frisbee golf, and miles of paved walking and biking trails. Boat and RV storage is also available, adding to the ease of coastal living. Buyer to perform due diligence and verify intended property use.

Cost to own

Mortgage calculator

Home Price

$425,000

Down Payment: 20%

$85,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$2,167

Principal & Interest: $2,167

Property taxes (est.): $566

Insurance (est.): $283

Estimated Total Monthly

$3,016

*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$2,167

Property taxesest. at asking price, St. Johns County$566

HOAbilled monthly$34

Estimated total, before insurance$2,766/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$4,853/yr · $404/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	$413,100	$314,299	—
2024	$413,100	$285,726	—
2023	$413,100	$259,751	—
2022	$267,322	$236,137	—
2021	$218,484	$214,670	—
2020	$218,484	$195,155	—

2025 property taxes (current owner): $4,853/yr

Estimated taxes if purchased at asking price: ~$6,800/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 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 C

Zone C evacuates after zones A, B in an approaching storm.

Roof: material not specified

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

Solar potential: ~1,734 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 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

Jul 17, 2026Price change$425,000−$65,000
May 5, 2026Listed$490,000

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

Features

Price$425,000

Bedrooms0

Bathrooms0.00

Full Baths0

Acres1.43 acres

TypeLand

Sub-TypeUnimproved Land

StatusActive

Has PoolNo

Is WaterfrontNo

School Information

ElementaryW. D. Hartley

MiddleGamble Rogers

HighPedro Menendez

Community Information

Address265 Cacique Drive, St. Augustine, FL 32086

Area334-Moultrie/St Augustine Shores

SubdivisionSt Augustine Shores

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32086

Lot Size62,290.8 sq ft

Parcel Number2821120010

Amenities

AmenitiesPool, Basketball Court, Clubhouse, Golf Course, Jogging Path, Park, Pickleball, Playground, RV/Boat Storage, Shuffleboard Court, Tennis Court(s), Water

UtilitiesCable Available, Electricity Available, Sewer Available, Water Available

Water SourcePublic