This home is in St. Augustine.
Sold·Closed Aug 3, 2026·3 days on market·Recent sales in St. Augustine
2448 Oleander Street
St. Augustine, FL 32080
About this home
St. Augustine
Nestled in one of Anastasia Island's most sought-after neighborhoods, this .38 acres DOUBLE NO HOA lot that is easily divided into 2 presents a rare opportunity to build new among the area's growing collection of luxury homes. Surrounded by million-dollar new construction nearby, the value here is in the location, lot size, and future potential. The existing solid brick home offers approximately 1,500 square feet with 3 beds 2 baths, and converted garage. The home retains many original features and systems and is ready for a new owner's vision. Mature trees create a beautiful established setting rarely found in newer communities. The property is currently on septic, with neighboring properties already connected to city sewer. Located in preferred Flood Zone X according to seller information Whether you are an investor, builder, or buyer looking to create a custom coastal retreat, opportunities like are few. Buyer to verify future use, sewer connectivity and tree removal
Next steps in St. Augustine
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).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
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 1975)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,293 usable sun-hours per year
Moderate solar exposure — shade or roof orientation limits panel output here.
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.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $466,659 | $389,058 | — |
| 2024 | $427,386 | $377,386 | — |
| 2023 | $430,382 | $49,499 | — |
| 2022 | $364,454 | $46,601 | — |
| 2021 | $258,563 | $43,787 | — |
| 2020 | $242,141 | $42,492 | — |
2025 property taxes (current owner): $5,757/yr
Estimated taxes if purchased at asking price: ~$7,000/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.
History
Price & status history
- Aug 6, 2026Closed$450,000
- Jul 7, 2026Pending$450,000
- Jul 6, 2026Listed$450,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $354/sq ft; this home is listed at $315/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 2576 S A1A, St. Augustine Beach, FL 32080Listed by NON MLS (realMLS) | Sep 2026 | $575,000 | $397 | 3/2 | 1,450 | 64 | 0.2 |
| 493 Pyrus Street, St. Augustine, FL 32080Listed by WATSON REALTY CORP | Jul 2026 | $495,000 | $444 | 2/2 | 1,116 | 16 | 0.2 |
| 35 Ocean Court, St. Augustine, FL 32080Listed by DJ & LINDSEY REAL ESTATE | Jun 2026 | $634,500 | $354 | 3/2.5 | 1,792 | 97 | 0.3 |
| 1301 Flagship Court, St. Augustine, FL 32080Listed by HERRON REAL ESTATE LLC | Aug 2026 | $480,000 | $267 | 3/2 | 1,796 | 56 | 0.4 |
| 644 Nautical Way, St. Augustine, FL 32080Listed by STA REALTY | Aug 2026 | $508,000 | $279 | 3/2 | 1,824 | 58 | 0.4 |
| 2361 Commodores Club Boulevard, St. Augustine, FL 32080Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | Jun 2026 | $457,500 | $290 | 3/2 | 1,580 | 10 | 0.4 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: REALTY ONE GROUP ELEVATE
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Aug 3, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
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