This home is in St. Augustine.

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Active

Active·31 days on market

342 Cherry Elm Drive

St. Augustine, FL 32092

$347,990$181/sqftEst. $1,774/moMLS# 2152323

Beds

Baths

1,927

Sq Ft

2026

Built

Garage

Pool

About this home

St. Augustine

What's Special: Covered Lanai | Loft | Close to Amenities | Premium Location. New Construction - Ready Now! Built by America's Most Trusted Home Builder. Welcome to the Bellflower at 342 Cherry Elm Drive in Cherry Elm at SilverLeaf! This thoughtfully designed two-story townhome offers a bright, open-concept layout that is both spacious and inviting. The kitchen serves as the centerpiece of the main floor, featuring a large center island, walk-in pantry, and quartz countertops while overlooking the dining area and great room. Ceramic tile flooring runs throughout the main living areas for style and easy upkeep, and a covered lanai provides a comfortable outdoor space for relaxing or entertaining. Upstairs, a versatile loft connects two secondary bedrooms, a shared full bath, and a centrally located laundry room. Tucked at the back of the home, the private primary suite offers a peaceful retreat with a dual sink vanity, walk-in shower, and an oversized closet.

Cost to own

Mortgage calculator

Home Price

$347,990

Down Payment: 20%

$69,598

Interest Rate: 6.58%

Loan Term

Monthly Payment

$1,774

Principal & Interest: $1,774

Property taxes (est.): $463

Insurance (est.): $232

Estimated Total Monthly

$2,469

*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$1,774

Property taxesest. at asking price, St. Johns County$463

HOAbilled quarterly$134

Estimated total, before insurance$2,371/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.

Cost to own

Taxes & assessment

Last sold: $7,541,900 in January 2024(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$69,000	$69,000	—
2024	$68,000	$63,800	—
2023	$58,000	$58,000	—

Estimated taxes if purchased at asking price: ~$5,600/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.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — year not disclosed (home built 2026)

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

Solar potential: ~1,473 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 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

Jul 23, 2026Price change$347,990−$2,000
Jun 25, 2026Listed$349,990

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

Features

Price$347,990

Price / Sq Ft$181

Bedrooms3

Bathrooms2.50

Full Baths2

Half Baths1

Square Footage1,927

Acres0.06 acres

Year Built2026

TypeResidential

Sub-TypeTownhouse

StyleTraditional

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontNo

Gated CommunityYes

New ConstructionYes

Direction FacesNorth

School Information

ElementaryMagnolia Oaks Academy

MiddleMagnolia Oaks Academy

HighTocoi Creek

Community Information

Address342 Cherry Elm Drive, St. Augustine, FL 32092

Area305-World Golf Village Area-Central

SubdivisionCherry Elm Townhomes

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32092

Lot Size2,613.6 sq ft

Lot Dimensions49x24

Parcel Number0279850600

ZoningResidential

Amenities

AmenitiesPool, Other, Children's Pool, Clubhouse, Dog Park, Gated, Park, Pickleball, Playground, Tennis Court(s)

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingAttached, Garage, Guest

Interior

Interior FeaturesBreakfast Bar, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)

AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator

HeatingCentral, Electric

CoolingCentral Air, Electric

FlooringCarpet, Tile

# of Stories2

LevelsTwo

LaundryElectric Dryer Hookup, In Unit, Upper Level, Washer Hookup

SecurityCarbon Monoxide Detector(s), Security Gate, Security Lights, Smoke Detector(s)