This home is in St. Augustine.

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Active

Active·66 days on market

712 Ocean Palm Way

St. Augustine, FL 32080

$3,750,000$720/sqftEst. $19,959/moMLS# 2144554

Beds

Baths

5,208

Sq Ft

2003

Built

Garage

Yes

Pool

About this home

St. Augustine

Welcome to 712 Ocean Palm Way -- an extraordinary oceanfront estate located in the gated community of Sea Colony in St. Augustine Beach. Perfectly positioned directly on the Atlantic Ocean, this luxury coastal residence offers over 5,200 square feet of elegant living space with panoramic sunrise views. Designed to capture the beauty of beachfront living, this 4-bedroom, 4.5-bath custom home features expansive windows and glass doors that flood the interior with natural light while showcasing breathtaking ocean views from nearly every room. Further, the house has been designed with custom and automatic hurricane shutters. The spacious open floor plan blends timeless coastal elegance with refined craftsmanship, including rich wood flooring, custom molding and trim, and multiple oceanfront verandas ideal for entertaining or relaxing beside the sea breeze. The gourmet kitchen has been beautifully designed with custom cabinetry, premium Viking appliances, double ovens, Sub-Zero

Cost to own

Mortgage calculator

Home Price

$3,750,000

Down Payment: 20%

$750,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$19,061

Principal & Interest: $19,061

Est. Taxes & Insurance: $4,765

Estimated Total Monthly

$23,826

*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$19,959

Property taxesest. at asking price, St. Johns County$4,990

HOAbilled annually$417

Estimated total, before insurance$25,366/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	$2,562,125	$2,539,205	—
2024	$2,327,221	$2,308,368	—
2023	$2,328,858	$2,098,516	—
2022	$2,440,436	$1,907,742	—
2021	$1,734,311	$1,734,311	—
2020	$1,955,374	$1,955,374	—

2025 property taxes (current owner): $41,544/yr

Estimated taxes if purchased at asking price: ~$59,900/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 A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: material not specified — year not disclosed (home built 2003)

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

Sewer · St Johns County Utilities - accounts · Public water · St Johns County Utilities - water accounts

County records show this parcel on central sewer served by St Johns County Utilities - accounts — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,808 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

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