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This home is in Palm Valley.

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Active·33 days on market

16 Palm Lane

Palm Valley, FL 32082

$504,995Est. $2,594/moMLS# 2156091

Beds

Baths

Sq Ft

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Built

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Garage

Pool

About this home

Palm Valley

This vacant land listing is for Lot 16 located at 16 Palm Lane in Ponte Vedra Beach (100' wide X 200' deep .46 ac - No Wetlands) This absolutely beautiful and sprawling parcel of land is located approx. 250' away from the the intracoastal waterway and is on a very small and very quiet dead end road (Palm Lane) with zero through traffic. 16 Palm Lane is ready for your dream build so don't miss your opportunity to own one of the largest parcels of cleared land in Palm Valley. Priced to sell! Buyer responsible for all due diligence. Bring all offers. Please do not enter property without a confirmed appt. (Please see listing for 14 Palm Lane (115' X 200') which is adjacent to 16 Palm Lane as the entire regular shaped lot totaling .98 ac. is available for purchase)

Cost to own

Mortgage calculator

Home Price

$504,995

Down Payment: 20%

$100,999

Interest Rate: 6.65%

Loan Term

Monthly Payment

$2,594

Principal & Interest: $2,594

Property taxes (est.): $672

Insurance (est.): $337

Estimated Total Monthly

$3,602

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, 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 · 6.65% · 30yr$2,594

Property taxesest. at asking price, St. Johns County$672

Estimated total, before insurance$3,265/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

Year	Market value	Taxable value	Change
2025	$128,700	$128,700	—
2024	$117,000	$117,000	—
2023	$117,000	$113,256	—
2022	$117,936	$102,960	—
2021	$93,600	$93,600	—
2020	$93,600	$93,600	—

Estimated taxes if purchased at asking price: ~$8,100/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 AE — high-risk flood zone (Special Flood Hazard Area)

Lenders require flood insurance for financed purchases here.

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: material not specified

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

Solar potential: ~1,618 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