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 St. Augustine Beach — a pool home in St. Johns County.

1 / 188

Active

Active·45 days on market

688 Ocean Palm Way

St. Augustine Beach, FL 32080

$4,450,000$1050/sqftEst. $22,689/moMLS# 2150769

Beds

Baths

4,239

Sq Ft

2006

Built

Garage

Yes

Pool

About this home

St. Augustine Beach

Welcome to 688 Ocean Palm Way, an extraordinary oceanfront retreat in the exclusive gated community of Sea Colony, offered beautifully furnished and thoughtfully designed by the renowned architectural team of Cronk Duch. Celebrated throughout Northeast Florida and the Caribbean for their distinctive coastal residences, Cronk and Duch are known for creating homes that blur the boundaries between indoors and out, capturing natural light, ocean vistas, and the effortless rhythm of seaside living. Perfectly positioned along the Atlantic Ocean, this contemporary Bermuda-inspired residence represents a rare opportunity to own one of Sea Colony's most architecturally significant homes. Walls of glass, expansive porches, private balconies, and inviting outdoor living spaces embrace the surrounding landscape, while a resort-style pool and spa and a stunning courtyard with an outdoor fireplace create memorable settings for both entertaining and quiet relaxation.

Cost to own

Mortgage calculator

Home Price

$4,450,000

Down Payment: 20%

$890,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$22,689

Principal & Interest: $22,689

Property taxes (est.): $5,921

Insurance (est.): $2,967

Estimated Total Monthly

$31,577

*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$22,689

Property taxesest. at asking price, St. Johns County$5,921

HOAbilled semi-annually$391

Estimated total, before insurance$29,002/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$45,333/yr · $3,778/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: $3,550,000 in July 2024(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$2,783,348	$2,783,348	—
2024	$2,100,776	$1,824,571	—
2023	$2,272,060	$1,769,972	—
2022	$2,426,517	$1,716,963	—
2021	$1,715,498	$1,665,498	—
2020	$1,944,909	$1,804,151	—

2025 property taxes (current owner): $45,333/yr

Estimated taxes if purchased at asking price: ~$71,100/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.

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: Metal — year not disclosed (home built 2006)

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

Sewer · St Johns County Utilities - accounts · Public water · St Johns County Utilities - water accounts

County records show this parcel on central sewer served by St Johns County Utilities - accounts — no septic system to inspect or maintain.

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

Solar potential: ~1,801 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 15, 2026Listed$4,450,000

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

Features

Price$4,450,000

Price / Sq Ft$1,050

Bedrooms4

Bathrooms5.50

Full Baths5

Half Baths1

Square Footage4,239

Total Structure Area6,589 sq ft

Acres0.19 acres

Year Built2006

TypeResidential

Sub-TypeSingle Family Residence

StyleOther

Property ConditionUpdated/Remodeled

StatusActive

# of Garages2

Has PoolYes

Pool FeaturesIn Ground, Salt Water

Is WaterfrontYes

Gated CommunityYes

Direction FacesWest

Community Information

Address688 Ocean Palm Way, St. Augustine Beach, FL 32080

Area331-St Augustine Beach

SubdivisionSea Colony

CitySt. Augustine Beach

CountySt. Johns

StateFL

Zip Code32080

Lot Size8,276.4 sq ft

Parcel Number1741911170

Amenities

UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected, Propane

SewerPrivate Sewer

Water SourcePrivate

Green / EnergyHVAC, Thermostat, Water Heater

ParkingGarage

ViewOcean, Pool, Water

Waterfront TypeOcean Access, Ocean Front

Interior

Interior FeaturesCeiling Fan(s), Entrance Foyer, Guest Suite, In-Law Floorplan, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Smart Home, Split Bedrooms, Walk-In Closet(s)

AppliancesElectric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer Stacked

HeatingCentral, Electric

CoolingCentral Air, Electric

FlooringCarpet, Tile, Wood

FireplaceYes

# of Fireplaces1

Fireplace FeaturesOutside, Wood Burning

# of Stories2

LevelsThree Or More

LaundryElectric Dryer Hookup, Washer Hookup

SecurityGated with Guard

Spa FeaturesIn Ground