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712 OCEAN PALM Way
About This Property
Designed to capture the beauty of beachfront living, this 4-bedroom, 4.5-bath custom home features expansive windows and glass doors that flood the interior with natural light while showcasing breathtaking ocean views from nearly every room. Further, the house has been designed with custom and automatic hurricane shutters.
The spacious open floor plan blends timeless coastal elegance with refined craftsmanship, including rich wood flooring, custom molding and trim, and multiple oceanfront verandas ideal for entertaining or relaxing beside the sea breeze.
The gourmet kitchen has been beautifully designed with custom cabinetry, premium Viking appliances, double ovens, Sub-Zero refrigeration, and a charming breakfast nook overlooking the pool and ocean.
A stunning wood-paneled study/library with coffered ceilings adds warmth and sophistication, while the home's private elevator provides convenient access to the second-floor retreat.
Upstairs, the luxurious primary suite offers sweeping Atlantic views, a spa-inspired bath, oversized dressing area, and private veranda access.
Additional guest suites each feature beautifully appointed en-suite baths finished with marble, limestone, and designer tile.
Outside, enjoy the ultimate Florida lifestyle with expansive outdoor living spaces, private pool, and one of the most desirable stretches of sand in St. Augustine.
Located just minutes from historic downtown St. Augustine, fine dining, golf, marinas, and shopping, this rare oceanfront opportunity combines luxury, privacy, and the unmatched beauty of Florida's coast.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2026 | Listed by HOME SOLD REALTY LLC | $3,750,000 | |
| Listed by HOME SOLD REALTY LLC | |||
| Jul 2, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by eXp REALTY LLC | $2,400,000 | |
| Listed by eXp REALTY LLC | |||
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Sprawling views of the Atlantic Ocean and the wide, pristine sands of St. Augustine Beach define this exquisite ocean front home. With a spacious, open floor plan and abundant sun-streaming windows, The Ocean Promenade masterfully captures the beauty and serenity of beach front living. The luxurious interior of this dream house features four-inch-wide Hickory wood flooring, elegantly crafted molding and trim and ten foot ceilings throughout. The beach facing side of the home is an array of floor to ceiling windows and glass doors, offering endless views of the ocean and allowing natural light to pour in upon sunrise each day. On the first level, built-in cabinetry and the home's unique Ventless Isokern fireplace made of Icelandic volcanic stone add ambiance to the Living Room. The newly renovated gourmet Kitchen includes white custom cabinets with glass doors, stunning quartz countertops, stainless appliances, including a built in double oven and sub-zero refrigerator, and a charming Breakfast Nook steps away from the rear veranda and pool. The spacious Dining Room and adjacent wine bar accented with bead board are perfect for entertaining. The front Study/Library completes the first floor, with its rich Cypress wood walls, built-in cabinets and coffered ceiling. Whether you walk up the Hickory-lined stairs or ride up in the Mahogany-paneled elevator, a warm oceanfront lounge and veranda welcome you to the second floor. Awaken to a view of the Atlantic Ocean from the opulent Master Suite, with a room size closet/dressing area and lavishly appointed bath with jacuzzi whirlpool tub and sisal stone shower and floors. In addition to the master, three impeccable bedrooms with baths featuring tumbled limestone, marble and tile are on the second floor. With teal accents on the exterior, wide overhangs and lattice railings on the porches and verandas and a brand new metal standing/seamless roof, The Ocean Promenade was designed with Old Florida elegance and style. The Ocean Promenade is located in the exclusive Sea Colony, St. Augustine's only private, gated neighborhood on the ocean.
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| Mar 30, 2007 | Sold | ||
| Sold | |||
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About St. Augustine Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017