This home is in Miramar On The Bay, St. Augustine — a pool home in St. Johns County.
Active·4 days on market·Miramar On The Bay
38 Magnolia Avenue
St. Augustine, FL 32084
2 more homes for sale in Miramar On The Bay →Search Miramar On The Bay on the map
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About this home
Miramar On The Bay
A rare opportunity for turn-key investment; top rated, Short Term Rental located near historic downtown St. Augustine cash flowing tens of thousands per year. Built in 2023, ''Canopy Oaks'' located on the picturesque tree-lined street of Magnolia Avenue features 4 bedrooms, 3.5 baths, 2413sqft of living space, heated saltwater pool, wood flooring throughout, stunning kitchen, and impressive master bath with glass enclosed shower, dual vanities, and deep freestanding tub. Walking distance to the shops and restaurants of the Uptown neighborhood, and less than 1 mile to the heart of historic downtown, 2 miles to the beach. No HOA or historic restrictions. This property delivers the perfect blend of luxury, location, and proven returns, making it an exceptional addition to any portfolio. Home next door is also available, same floor plan.
Next steps in Miramar On The Bay
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, 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).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
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: Shingle — year not disclosed (home built 2023)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer · FL0021938 - City of Saint Augustine WWTP - customer accounts · Public water (record)
County records show this parcel on central sewer served by FL0021938 - City of Saint Augustine WWTP - customer accounts — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,677 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 homeAs of October 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.
Around this address
Nearby, from public data
The closest public beach, park, water access and league fields from this home's location.
Closest beach parking
Vilano Beach oceanfront6 min drive · 37 parking spaces
Closest park or preserve
Anastasia State Park12 min drive · 0.7 mi of trails
Closest public boat ramp
Vilano Public Boat Rampabout 0.5 mi · Tolomato River / St. Augustine Inlet
Closest kayak & paddleboard launch
Vilano Causeway Primitive Accessabout 0.2 mi · Hospital Creek
Closest youth league fields
Ketterlinus Gym Community Center5 min drive · Basketball
Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $684,940 | $684,940 | — |
| 2024 | $653,229 | $653,229 | — |
| 2023 | $200,000 | $184,800 | — |
| 2022 | $168,000 | $168,000 | — |
2025 property taxes (current owner): $13,613/yr
Estimated taxes if purchased at asking price: ~$22,400/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
Price & status history
- Oct 13, 2026Listed$1,400,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $314/sq ft; this home is listed at $578/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 70 Water Street, St. Augustine, FL 32084Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | Aug 2026 | $1,835,000 | $601 | 3/3 | 3,053 | 72 | 0.5 |
| 27 Oak Street, St. Augustine, FL 32084Listed by MAXREV, LLC | Jul 2026 | $560,000 | $314 | 3/2.5 | 1,784 | 44 | 0.8 |
| 1551 Masters Drive, St. Augustine, FL 32084Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | Jun 2026 | $520,000 | $280 | 3/2 | 1,856 | 5 | 1 |
| 40 N St Augustine Boulevard, St. Augustine, FL 32080Listed by SAVVY AVENUE, LLC. | Aug 2026 | $830,000 | $427 | 3/2 | 1,946 | 95 | 1.2 |
| 163 Silver Birch Street, St. Augustine, FL 32084Listed by WATSON REALTY CORP | Oct 2026 | $331,500 | $186 | 4/2 | 1,783 | 209 | 1.5 |
| 102 Zoratoa Avenue, St. Augustine, FL 32080Listed by RE/MAX UNLIMITED | Sep 2026 | $435,000 | $242 | 3/2 | 1,800 | 72 | 1.5 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: LINWARD REALTY, LLC
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
The neighborhood
About Miramar On The Bay
Miramar On The Bay is a neighborhood in St. Augustine, FL (St. Johns County), ZIP 32084.
View all Miramar On The Bay homes for sale →Keep looking
More homes in Miramar On The Bay
For Sale40 Magnolia AvenueSt. Augustine, FL 32084
3 bd · 3.5 ba · 2,422 sq ft
$1,400,000Est. $7,451/moA rare opportunity for turn-key investment; top rated, Short Term Rental located near historic downtown St. Augustine…
Listing Office: linward realty, llc
For Sale34 E San Carlos AvenueSt. Augustine, FL 32084
4 bd · 3.5 ba · 1,900 sq ft
$1,075,000Est. $5,722/moJust a few homes from Magnolia Avenue, one of North America's most photographed streets, sits a property that perfectly…
Listing Office: the newcomer group
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Krista Fracke
Broker Associate
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Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines