This home is in Palencia, St. Augustine.
Active·1 day on market·Palencia
148 Augustine Island Way
St. Augustine, FL 32095
About this home
Palencia
** PRICED TO SELL BASED ON APPRAISAL ** 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,fresh interior paint,new updated fixtures nd 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.
Cost to own
Mortgage calculator
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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
| 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 | — |
2025 property taxes (current owner): $7,706/yr
Estimated taxes if purchased at asking price: ~$11,800/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 C
Zone C evacuates after zones A, B in an approaching storm.
Roof: Tile — year not disclosed (home built 2006)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,795 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 homeInformational 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
Price & status history
- Jul 9, 2026Listed$739,900
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
The neighborhood
About Palencia
Palencia is a neighborhood in St. Johns County, FL (St. Johns County), ZIP 32095.
View all Palencia homes for sale →Listing Courtesy of: FIRST COAST REALTY OF JACKSONVILLE INC
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
Keep looking
More homes in Palencia
Active$740,000MLS# 2149687Est. $3,939/mo2785 Las Calinas Boulevard, St. Augustine, FL 320955 Beds4 Baths3,448 sqft5 Bedrooms with 4 Full Bathrooms and an extended 3-car garage with a beautiful location. Situated on a peaceful…
ResidentialEXP REALTY LLC
Active$749,000MLS# 2147411Est. $3,986/mo166 Oleta Way, St. Augustine, FL 320954 Beds3 Baths2,677 sqftWelcome to 166 Oleta Way, a beautifully maintained 4-bedroom, 3-bath home with a dedicated office in the gated North…
ResidentialMARK SPAIN REAL ESTATE
Active Under Contract$750,000MLS# 2146463Est. $3,992/mo472 Glorieta Drive, St. Augustine, FL 320954 Beds3 Baths2,264 sqftExperience luxury living in the heart of St. Augustine at one of the premier private family social & golf club…
ResidentialBERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Active$715,000MLS# 2145246Est. $3,806/mo261 Dosel Lane, St. Augustine, FL 320954 Beds3 Baths2,689 sqftWelcome to 261 Dosel Lane, a beautifully upgraded single-story home in the gated community of Palencia North. Offering…
ResidentialBERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY
Keep looking
Similar homes in St. Augustine
Your Local Expert
Krista Fracke
Broker Associate
Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.
Contact KristaText Krista about this home20+ years · 500+ closings · NE Florida
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines