$1,640,999
↓ $5K (0.3%)
●
House -
For Sale
164 N RIVER Drive
St. Augustine, FL 32095
4 Beds
6 Baths,
2
Half Baths
7,134 Ft²
$9,810
Est. Monthly
$10
HOA / Fees
About This Property
This Palencia home needs some love to bring it back to life, but
with 7,134 sq. ft. on a private, nearly one-acre lot, the
possibilities are endless. This Mediterranean-style estate was
built with , spray foam insulation, and imported travertine
flooring throughout, including the stair treads.
Designed for multi-generational living, the property features a detached casita with a private bath and kitchenette, plus a separate living area above the garage with its own staircase and full bath. Every bedroom features an ensuite bath, with a secondary bedroom offering the potential for a second primary suite.
The chef's kitchen features double islands, a 48'' Wolf 6-burner range with griddle and double ovens, Wolf microwave/convection oven, built-in Wolf steamer, 48'' Sub-Zero refrigerator, and custom range hood. Outside, a European-inspired courtyard creates a grand entrance, while the full-width covered lanai offers an outdoor kitchen, gas fireplace, and full pool bath. The expansive backyard provides plenty of space for a future pool.
Additional features include surround sound and surveillance wiring. With incredible bones, high-end finishes, and endless potential, this Palencia estate is ready for someone to bring it back to its full glory. Home was purchased through foreclosure. The current owner has no prior knowledge of the property's history or condition beyond what is visibly observable
Designed for multi-generational living, the property features a detached casita with a private bath and kitchenette, plus a separate living area above the garage with its own staircase and full bath. Every bedroom features an ensuite bath, with a secondary bedroom offering the potential for a second primary suite.
The chef's kitchen features double islands, a 48'' Wolf 6-burner range with griddle and double ovens, Wolf microwave/convection oven, built-in Wolf steamer, 48'' Sub-Zero refrigerator, and custom range hood. Outside, a European-inspired courtyard creates a grand entrance, while the full-width covered lanai offers an outdoor kitchen, gas fireplace, and full pool bath. The expansive backyard provides plenty of space for a future pool.
Additional features include surround sound and surveillance wiring. With incredible bones, high-end finishes, and endless potential, this Palencia estate is ready for someone to bring it back to its full glory. Home was purchased through foreclosure. The current owner has no prior knowledge of the property's history or condition beyond what is visibly observable
Unit Size
7,134 Ft²
Days on Market
53 days
Land Size
0.93 acres
Price per sqft
$230
Property Type
House
Property Taxes
$1,741
HOA Dues
$10
Year Built
2015
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (Real MLS #2159152)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$1,640,999
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$1,645,999
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$1,646,999
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$1,647,999
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$1,648,999
↓ $1K
(0.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Additional Parking, Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Guest Suite, Split Bedrooms
Appliances: Electric Oven, Refrigerator
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Has Fireplace
Fireplace Features: Outside, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 7134
Square Footage Source: $0
Security Features: Gated with Guard
Property Condition: Fixer
Year Built: 2015
Building Area Total: 11609
Levels: Multi/Split, Two
Patio and Porch Features: Rear Porch
Lot Size Area: 0.93
Lot Size Units: Acres
Lot Size Acres: 0.93
Lot Size Square Feet: 40510.8
Water Source: Public
Financial Details
Tax Annual Amount: $20,894
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Clubhouse, Fitness Center, Gated, Golf Course, Playground, Tennis Court(s)
HOA Fee: $125
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About St. Johns
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Listed by: ERIC PARSONS, EXIT INSPIRED REAL ESTATE
Last Updated: 5 days ago
Data Source: Real MLS, MLS# 2159152
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 5 days ago
Data Source: Real MLS, MLS# 2159152
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