$735,000
●
House -
Off Market
31 DERECHO Lane
St. Augustine, FL 32095
4 Beds
3 Baths
3,184 Ft²
$4,503
Est. Monthly
$12
HOA / Fees
About This Property
Located in one of the premier communities in the St. Augustine
area, it truly doesn't get any quieter than this dead end Street.
This beautiful 3,184 sq. ft. home offers 4 bedrooms,3 baths, office
and is perfectly situated on a large, tree-lined lot with serene
water views. Designed for effortless entertaining, the gourmet
kitchen features dual ovens, a gas cooktop, quartz countertops, and
a large center island ideal for gatherings. Just beyond, the
spacious screened lanai with a fire pit creates the perfect space
for relaxing. The split floor plan offers outstanding privacy,
highlighted by a generously sized primary suite with two large
walk-in closets, a jetted soaking tub, and a separate shower. Step
outside to a spacious backyard with plenty of room to add a pool.
Palencia has one of the finest private golf courses in NE Florida,
along with a state-of-the-art fitness center featuring a heated lap
pool. Also two additional community pools, tennis and pickleball
courts, playgrounds
Unit Size
3,184 Ft²
Days on Market
49 days
Land Size
0.26 acres
Price per sqft
$235
Property Type
House
Property Taxes
$813
HOA Dues
$12
Year Built
2017
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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: 8 months ago (Real MLS #2122417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by JPAR CITY AND BEACH | $749,000 | |
| Listed by JPAR CITY AND BEACH | |||
| Oct 1, 2020 | Listed by XCELLENCE REALTY INC | $489,500 | |
| Listed by XCELLENCE REALTY INC | |||
| | |||
|
Showcasing the highly desirable Lennar Amelia Floorplan, this gorgeous home offers four bedrooms, three baths and beautiful spaces for relaxing and entertaining. Sit out on the amazing screened in lanai with extended paver patio and take in stunning sunrise and lake views. Large fenced yard with firepit, ideal for children to play and pets to roam. Custom front landscaping with paver border, sprinkler system and paver driveway. High end features throughout include Nexia™ Home Automation, a gorgeous glass front door and 8' interior doors, wood tile, crown molding, 5 ¼ baseboards, custom blinds and new fixtures throughout. Fabulous gourmet kitchen with quartz counters, white 42'' cabinets, entertaining island and Professional Series Frigidaire stainless steel appliances
| |||
| Apr 6, 2018 | Sold | ||
| Sold | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About St. Johns
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Listed by: RONALD MARTIN, JR, JPAR CITY AND BEACH
Last Updated: 8 months ago
Data Source: Real MLS, MLS# 2122417
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: 8 months ago
Data Source: Real MLS, MLS# 2122417
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