This home is in Palencia, St. Augustine.

1 / 123

Active

Active·45 days on market·Palencia

249 Otero Point

St. Augustine, FL 32095

$625,000$247/sqftEst. $3,187/moMLS# 2150033

Beds

Baths

2,527

Sq Ft

2017

Built

Garage

Pool

About this home

Palencia

Welcome to 249 Otero, your future retreat in Palencia! This spacious home is at the end of a quiet street behind the gates of the exclusive master planned community. There is a pond just outside the fenced yard providing nature watching. The floorpan has a good flow and great entertaining space with triple sliders opening from the large living room to the screened porch. The Primary Bedroom overlooks the back yard and preserve while the other two bedrooms downstairs flank a bonus room, all with views of the pond. Tucked away upstairs is the fourth bedroom, almost as large as the primary with an en suite and large walk in closet. The amenities of Palencia give the feel of living at a resort. There are multiple pools, tennis, pickleball, athletic fields, a fitness center, golf course, trail, playgrounds, restaurants, shops, a boardwalk & fishing piers along the intracoastal. Like the neighborhood, this home effortlessly combines comfort, privacy, & the luxury Florida lifestyle

Cost to own

Mortgage calculator

Home Price

$625,000

Down Payment: 20%

$125,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$3,187

Principal & Interest: $3,187

Property taxes (est.): $832

Insurance (est.): $417

Estimated Total Monthly

$4,435

*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$3,187

Property taxesest. at asking price, St. Johns County$832

HOAbilled annually$11

Estimated total, before insurance$4,029/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$7,983/yr · $665/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

Year	Market value	Taxable value	Change
2025	$547,326	$292,717	—
2024	$533,554	$283,760	—
2023	$537,825	$274,039	—
2022	$440,421	$264,601	—
2021	$319,090	$255,438	—
2020	$301,221	$251,221	—

2025 property taxes (current owner): $7,983/yr

Estimated taxes if purchased at asking price: ~$10,000/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.

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: Shingle — year not disclosed (home built 2017)

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

Solar potential: ~1,778 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

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

Price & status history

Jun 11, 2026Listed$625,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$625,000

Price / Sq Ft$247

Bedrooms4

Bathrooms3.00

Full Baths3

Square Footage2,527

Total Structure Area3,316 sq ft

Acres0.19 acres

Year Built2017

TypeResidential

Sub-TypeSingle Family Residence

StyleContemporary, Multi Generational

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontYes

Gated CommunityYes

Direction FacesEast

School Information

ElementaryPalencia

MiddlePacetti Bay

HighAllen D. Nease

Community Information

Address249 Otero Point, St. Augustine, FL 32095

Area312-Palencia Area

SubdivisionPalencia

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32095

Lot Size8,276.4 sq ft

Parcel Number0721533910

ZoningResidential

Amenities

AmenitiesPool, Barbecue, Basketball Court, Children's Pool, Clubhouse, Dog Park, Fitness Center, Gated, Golf Course, Jogging Path, Maintenance Grounds, Park, Pickleball, Playground, Sauna, Security, Spa/Hot Tub, Tennis Court(s)

UtilitiesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingGarage, Garage Door Opener, Off Street

ViewPond, Protected Preserve, Trees/Woods, Water

Waterfront TypePond

Interior

Interior FeaturesBreakfast Nook, Ceiling Fan(s), Entrance Foyer, Guest Suite, In-Law Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)

AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer

HeatingCentral

CoolingCentral Air, Split System, Zoned

FlooringCarpet, Tile

# of Stories2

LevelsOne and One Half, Two

LaundryGas Dryer Hookup, Lower Level, Sink, Washer Hookup

SecuritySecurity Gate, Smoke Detector(s)