This home is in Palencia, St. Augustine.
Active·1 day on market·Palencia
634 Market Street
St. Augustine, FL 32095
About this home
Palencia
Located in Crosswinds at Palencia on Market Street, this Work/ Live and Townhome is the perfect combination of living and investment. The first floor is commercial office space and an above garage studio apartment, this tri-level home is perfect for a homeowner that wants to have their business office downstairs, or an on-site investment opportunity. The second story is a living space with a modern bright kitchen, granite countertops and an oversized great room. On the third floor are two luxury ensuite bedrooms with multiple walk in closets, both with walk in showers and an adjacent laundry room. Over the two car garage across the courtyard is a separate studio apartment, perfect as a rental investment or an amazing guest suite. Clubhouse, golf, tennis, pool, fitness center and shops all within walking distance. 2 of 3 Units Rented.
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 | $655,566 | $618,941 | — |
| 2024 | $666,493 | $562,674 | — |
| 2023 | $671,548 | $511,522 | — |
| 2022 | $465,020 | $465,020 | — |
| 2021 | $330,429 | $330,429 | — |
| 2020 | $332,643 | $332,643 | — |
2025 property taxes (current owner): $10,405/yr
Estimated taxes if purchased at asking price: ~$12,700/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: Tile — year not disclosed (home built 2014)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,824 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 11, 2026Listed$797,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
School Information
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: EXP REALTY LLC
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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