This home is in Waterford Lakes, St. Augustine.

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Active

Active·52 days on market·Waterford Lakes

281 Coastline Way

St. Augustine, FL 32092

$270,000$223/sqftEst. $1,377/moMLS# 2146998

Beds

Baths

1,210

Sq Ft

2022

Built

Garage

Pool

About this home

Waterford Lakes

Built in 2022 and impeccably maintained, this like-new 2-bedroom, 2.5-bath townhome offers low-maintenance living in the highly sought-after SilverLeaf community of St. Johns County. Backing to a peaceful preserve for added privacy, this home features an open-concept layout, modern finishes, and a 1-car garage with convenient additional guest parking just steps away. Located within a gated community zoned for top-rated St. Johns County schools, residents enjoy access to resort-style amenities including a pool, fitness center, parks, and walking trails. Low HOA and no CDD fees. Ideally located near shopping, dining, and major roadways, this move-in ready townhome combines comfort, convenience, and the sought-after SilverLeaf lifestyle.

Cost to own

Mortgage calculator

Home Price

$270,000

Down Payment: 20%

$54,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$1,377

Principal & Interest: $1,377

Property taxes (est.): $359

Insurance (est.): $180

Estimated Total Monthly

$1,916

*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$1,377

Property taxesest. at asking price, St. Johns County$359

HOAbilled quarterly$128

Estimated total, before insurance$1,863/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$3,544/yr · $295/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

Last sold: $296,700 in June 2022(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$238,308	$238,308	—
2024	$234,928	$234,928	—
2023	$238,959	$238,959	—
2022	$56,000	$56,000	—

2025 property taxes (current owner): $3,544/yr

Estimated taxes if purchased at asking price: ~$4,300/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.

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.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: material not specified — year not disclosed (home built 2022)

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

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