Work directly with Krista on any home here · Broker Associate · 20+ years · 500+ closings · Christie's International Real Estate First Coast

This home is in Palencia, St. Augustine — a gated community home in St. Johns County.

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Active

For Rent·57 days on market·Palencia

148 Augustine Island Way

St. Augustine, FL 32095

$4,100/moMLS# 2148044

Rental listing

Krista specializes in home sales, not rentals. To tour or apply for this rental, contact the listing agent directly:

SENA BAKER · FIRST COAST REALTY OF JACKSONVILLE INC sena.baker@firstcoastrealtyofjax.com

Beds

Baths

3,108

Sq Ft

2006

Built

Garage

Pool

About this home

Palencia

Discover the epitome of upscale living in this exquisite 3-bedroom, 3.5-bath luxury townhouse located in the highly desirable gated community of Palencia. With solid concrete construction, this residence offers both elegance and durability.As you enter, you'll be greeted by refined finishes and plantation shutters throughout. A private elevator provides easy access to all levels, while the expansive two-car garage ensures convenience and ample storage The chef's kitchen is a culinary dream, featuring premium Viking appliances, custom cabinetry, and sophisticated high-end finishes. It flows seamlessly into spacious living areas, making it ideal for hosting family gatherings and entertaining friends. The primary suite serves as a personal retreat, complete with a marble bathroom featuring custom finishes and a classic clawfoot soaking tub, providing a spa-like experience right at home. Enjoy the beautiful Florida weather in your screened lanai, designed as a tranquil space for relaxation

Cost to own

Mortgage calculator

Home Price

$4,100

Down Payment: 20%

$820

Interest Rate: 6.58%

Loan Term

Monthly Payment

$21

Principal & Interest: $21

Property taxes (est.): $5

Insurance (est.): $3

Estimated Total Monthly

$29

*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

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$595,953	$595,953	—
2024	$591,127	$546,928	—
2023	$597,122	$497,207	—
2022	$524,679	$452,006	—
2021	$425,149	$405,475	—
2020	$429,054	$368,614	—

Estimated taxes if purchased at asking price: ~$100/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$4,100

Price / Sq Ft$1

Bedrooms3

Bathrooms3.50

Full Baths3

Half Baths1

Square Footage3,108

Acres0.12 acres

Year Built2006

TypeResidential Lease

Sub-TypeTownhouse

StyleSpanish

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontYes

Gated CommunityYes

School Information

ElementaryPalencia

MiddlePacetti Bay

HighAllen D. Nease

Community Information

Address148 Augustine Island Way, St. Augustine, FL 32095

Area312-Palencia Area

SubdivisionPalencia

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32095

Lot Size5,227.2 sq ft

Parcel Number0720690060

Amenities

AmenitiesPool, Children's Pool, Dog Park, Fitness Center, Gated, Jogging Path, Pickleball, Playground, Tennis Court(s)

UtilitiesCable Available

ParkingGarage

Waterfront TypePond

Interior

Interior FeaturesBreakfast Bar, Elevator, Open Floorplan, Walk-In Closet(s)

AppliancesDishwasher, Disposal, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Range, Microwave, Tankless Water Heater, Washer, Water Softener Owned

HeatingCentral

CoolingCentral Air

FireplaceYes

Fireplace FeaturesGas

# of Stories2

LevelsTwo