This home is in Palencia, St. Augustine.

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Active

Active·47 days on market·Palencia

544 Market Street

St. Augustine, FL 32095

$869,500$222/sqftEst. $4,628/moMLS# 2147913

Beds

Baths

3,916

Sq Ft

2007

Built

Garage

Pool

About this home

Palencia

Upscale mixed-use townhouse with office, townhome and loft apartment. Well built structure with low maintenance. Superb amenities and tenants in place or ability to occupy yourself.

Cost to own

Mortgage calculator

Home Price

$869,500

Down Payment: 20%

$173,900

Interest Rate: 6.55%

Loan Term

Monthly Payment

$4,420

Principal & Interest: $4,420

Est. Taxes & Insurance: $1,105

Estimated Total Monthly

$5,524

*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$4,628

Property taxesest. at asking price, St. Johns County$1,157

Estimated total, before insurance$5,785/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

Last sold: $720,000 in May 2022(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$653,093	$653,093	—
2024	$664,444	$664,444	—
2023	$669,420	$669,420	—
2022	$461,177	$271,057	—
2021	$311,706	$261,706	—
2020	$313,908	$263,908	—

2025 property taxes (current owner): $12,630/yr

Estimated taxes if purchased at asking price: ~$13,900/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 D

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

Roof: material not specified — year not disclosed (home built 2007)

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

Likely septic

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

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

Solar potential: ~1,824 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