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This home is in Palencia, St. Augustine — a home near Allen D. Nease High School.

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Active

Active·Listed today·Palencia

654 S Loop Parkway

St. Augustine, FL 32095

$597,000$199/sqftEst. $3,072/moMLS# 2160447

Beds

Baths

3,002

Sq Ft

2005

Built

Garage

Pool

About this home

Palencia

Welcome to 654 South Loop Parkway, ideally located in the heart of Palencia and just a short walk to the charming Village Square. This beautiful home offers a flexible floor plan with the primary suite conveniently located on the main floor and featuring impressive 10-foot ceilings. A separate garage apartment includes a full kitchenette and private bathroom, perfect for guests, extended family, a home office, or additional living space. The spacious bonus room is already plumbed for a wet bar, making it ideal for entertaining, a media room, or game room. Outside, enjoy the adorable private courtyard, perfect for morning coffee or outdoor dining. Located in one of St. Augustine's most desirable communities, Palencia offers wonderful amenities, beautiful surroundings, and access to highly rated St. Johns County schools. With its walkable location, versatile living spaces, and incredible charm, this home is a must see!

Cost to own

Mortgage calculator

Home Price

$597,000

Down Payment: 20%

$119,400

Interest Rate: 6.67%

Loan Term

Monthly Payment

$3,072

Principal & Interest: $3,072

Property taxes (est.): $794

Insurance (est.): $398

Estimated Total Monthly

$4,265

*30-year loan at 6.67% APR (avg 30-yr rate 2026-08-13, 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 · 6.67% · 30yr$3,072

Property taxesest. at asking price, St. Johns County$794

HOAbilled monthly$450

Estimated total, before insurance$4,317/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$10,733/yr · $894/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

Year	Market value	Taxable value	Change
2025	$563,345	$551,147	—
2024	$529,031	$501,043	—
2023	$539,892	$455,494	—
2022	$431,706	$414,085	—
2021	$376,441	$376,441	—
2020	$371,506	$368,799	▼ $62,295

2025 property taxes (current owner): $10,733/yr

Estimated taxes if purchased at asking price: ~$9,500/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.

History