This home is in Palencia, St. Augustine.

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Pending

Pending·63 days on market·Palencia

508 Sebastian Square

St. Augustine, FL 32095

$1,029,000$290/sqftEst. $5,477/moMLS# 2144516

Beds

Baths

3,551

Sq Ft

2006

Built

Garage

Yes

Pool

About this home

Palencia

Nestled on a private preserve lot in the highly desirable Palencia community of St. Augustine, this beautifully renovated pool home blends luxury, functionality, & thoughtful design. From the moment you step inside, you'll notice the impressive open-concept layout created by removing walls to seamlessly connect the formal living space, chef's kitchen, & family room into one expansive gathering area perfect for entertaining & everyday living. The fully redesigned kitchen is truly the heart of the home & a chef's dream, featuring custom maple cabinetry w/ dovetail drawers, granite countertops, marble backsplash, a custom copper hood, wine & beverage center, bar sink, & a stunning 48'' Café commercial-style dual fuel range w/ double ovens & griddle. The flexible floor plan offers all four bedrooms downstairs, including a spacious primary suite w/ a beautifully remodeled spa-like bathroom featuring floor-to-ceiling porcelain tile, soaking tub, & dual vanities. Upstairs, the

Cost to own

Mortgage calculator

Home Price

$1,029,000

Down Payment: 20%

$205,800

Interest Rate: 6.49%

Loan Term

Monthly Payment

$5,198

Principal & Interest: $5,198

Est. Taxes & Insurance: $1,299

Estimated Total Monthly

$6,497

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, 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$5,477

Property taxesest. at asking price, St. Johns County$1,369

HOAbilled annually$10

Estimated total, before insurance$6,856/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	$844,057	$730,692	—
2024	$777,532	$709,392	—
2023	$742,227	$687,274	—
2022	$715,800	$665,800	—
2021	$501,174	$499,106	—
2020	$453,733	$453,733	—

2025 property taxes (current owner): $14,408/yr

Estimated taxes if purchased at asking price: ~$16,400/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.

Features

Price$1,029,000

Price / Sq Ft$290

Bedrooms4

Bathrooms4.00

Full Baths4

Square Footage3,551

Acres0.28 acres

Year Built2006

TypeResidential

Sub-TypeSingle Family Residence

StyleTraditional

StatusPending

# of Garages3

Has PoolYes

Pool FeaturesIn Ground, Screen Enclosure, Solar Heat

Is WaterfrontNo

Gated CommunityYes

School Information

ElementaryPalencia

MiddlePacetti Bay

HighAllen D. Nease

Community Information

Address508 Sebastian Square, St. Augustine, FL 32095

Area312-Palencia Area

SubdivisionPalencia

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32095

Lot Size12,196.8 sq ft

Parcel Number0720910300

Amenities

AmenitiesPool, Basketball Court, Clubhouse, Fitness Center, Gated, Jogging Path, Pickleball, Playground, Tennis Court(s)

UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingAttached, Garage

ViewTrees/Woods

Interior

Interior FeaturesBreakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)

AppliancesDishwasher, Disposal, Double Oven, Dryer, Electric Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer

HeatingCentral

CoolingCentral Air

FlooringTile, Wood

FireplaceYes

# of Fireplaces1

Fireplace FeaturesGas

# of Stories2

LevelsTwo