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 — a waterfront home in St. Johns County.

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7905 Colee Cove Road

St. Augustine, FL 32092

$675,000$207/sqftEst. $3,442/moMLS# 2158454

Beds

Baths

3,266

Sq Ft

1957

Built

Garage

Pool

About this home

St. Augustine

Rare St. Johns River Investment Opportunity! Discover the incredible potential of this direct riverfront property offering nearly 100 feet of frontage on the St. Johns River and just over 3/4 of an acre beneath a breathtaking canopy of majestic oak trees draped in Spanish moss. Opportunities like this rarely become available in such a prime waterfront location. The property features a concrete block main home with 4 bedrooms and 3 bathrooms, plus a detached guest suite complete with its own kitchen, bedroom, living area, and private entrance--ideal for multigenerational living, guests, rental income, or a home office. Outdoor enthusiasts and investors alike will appreciate the private dock, boat lift, newer bulkhead, and nearly 100 feet of deep-water river frontage, making this a true boater's and fisherman's paradise. Enjoy spectacular sunsets and panoramic, unobstructed water views from nearly every corner of the property.

Cost to own

Mortgage calculator

Home Price

$675,000

Down Payment: 20%

$135,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$3,442

Principal & Interest: $3,442

Property taxes (est.): $898

Insurance (est.): $450

Estimated Total Monthly

$4,790

*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$3,442

Property taxesest. at asking price, St. Johns County$898

Estimated total, before insurance$4,340/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$10,736/yr · $895/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

2025 property taxes (current owner): $10,736/yr

Estimated taxes if purchased at asking price: ~$10,800/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, NEFMLS.

History