NOT LISTED FOR SALE

692 Ocean Palm Way Saint Augustine, FL 32080

Estimated Value: $2,778,591 - $3,169,000

4 Beds
3.5 Baths
4,490 Sq Ft
$661/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $2,250,000 $501 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $18,786/month

31 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Spa
  • R.B. Hunt Elementary School Rated A
  • Security Service
  • Clubhouse

About This Home

As of May 2021

Direct oceanfront luxury living in the guard gated community of Sea Colony in St. Augustine Beach. Commercially built on a three story steel and concrete super-structure, it is completely hurricane proofed. As you walk into this spectacular custom built home you are mesmerized by the ocean views and stunning pool. Surround the fire pit for an evening of good conversation. The first floor offers three oceanfront large bedrooms, two full baths, plus a den/sitting area overlooking a fully covered outdoor porch and heated pool with spa. The two car oversized garage hosts SUV's and beach toys alike. The spacious laundry room has four floors of elevator access. All floors have their own HVAC system with Humistat. As you make your way up the spiral staircase, which is a unique combination of steel and oak veneers. Constructed in Canada, you enter the open concept second story living which provides formal dining, a gourmet chefs kitchen with solid cherry cabinets, blue pearl granite counter tops, and copper ceiling. Entertaining is a breeze with a gas/log burning fireplace and the exquisite ocean views. Exiting the family room to the oceanfront concrete & tile deck, complete with trellis, remote controlled retractable roof, full LED lighting, and a commercial BBQ unit to enjoy breathtaking sunrises. The third floor offers a 17 X 19 master suite surrounded by ocean views with five layers of protective glass. This home is built to last. Community offers private beach walk overs, community pool, and a 24 hour manned guard. Let us show you this property like no other, that will literally last a lifetime

Last Agent to Sell the Property

IRENA NOVOSEL LOGAN

COLDWELL BANKER PREMIER PROPERTIES License #3348570 Listed on: 02/12/2021

Last Buyer's Agent

Elaine Wallace

WATSON REALTY CORP License #3068194

WATSON REALTY CORP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,379

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Home fronts navigable water

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,490 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub With Separate Shower Stall

Schools

  • Sebastian Middle School
  • St. Augustine High School

Additional Features

  • Spa
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 1741911180

Community Details

Overview

  • Sea Colony Subdivision

Recreation

  • Community Beach Access
  • Children's Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,379

Year Built

Built in 2005

Lot Details

0

HOA Fees

$258 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 3
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Sea Colony
  • General Property Information Living Area2: 4490.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Cooling Zoned: Yes
  • Association Amenities Children's Pool: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Elevator, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower
  • Major Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
  • Spa Features: Private
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 4490.0
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Waterfront: Yes
  • Roof: Metal
  • Pool Features: In Ground
  • Waterfront Features: Navigable Water, Ocean Front
  • Construction Type: Block, Concrete, Frame, Stucco
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 3100.0
  • Association Fee Frequency: Annually
  • Amenities: Beach Access, Children's Pool, Clubhouse, Security
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 3100.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Beach Access: Yes

Schools

  • High School: St. Augustine
  • Middle Or Junior School: Sebastian

Lot Info

  • Current Use: Residential
  • Parcel #: 1741911180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Wallace C Ronald C and Wallace Patricia E
Bought by
Rusu Jessica Lauren and Wallace Brittany Elizabeth
Current Estimated Value
$2,936,951

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 27, 2021
Sold by
Robertson Peter A and Robertson Susan Lw
Bought by
Wallace C Ronald C and Wallace Patricia E
Seller's Agent
IRENA NOVOSEL LOGAN
COLDWELL BANKER PREMIER PROPERTIES
Buyer's Agent
Elaine Wallace
WATSON REALTY CORP
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Spurrier Stephen O and Spurrier Jerri S
Bought by
Robertson Peter A and Robertson Susan L W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.28%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 15, 2000
Sold by
St Augustine Sea Colony Ltd
Bought by
Stephen Orr Inc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rusu Jessica Lauren $100 None Listed On Document
Wallace C Ronald C $2,250,000 Landmark Title
Robertson Peter A $650,000 Estate Title Of St Augustine
Stephen Orr Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Peter A $1,450,000
Previous Owner Robertson Peter A $250,000
Previous Owner Robertson Peter A $1,100,000
Previous Owner Robertson Peter A $1,200,000
Previous Owner Robertson Peter A $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $2,250,000 -- --
05/27/2021 05/27/21 Sold $2,250,000 -9.8% $501 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $2,495,000 -- $556 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,379 $1,995,406 -- --
2024 $29,379 $1,939,170 $924,000 $1,015,170
2023 $29,379 $1,908,666 $924,000 $984,666
2022 $31,055 $1,984,688 $924,000 $1,060,688
2021 $22,316 $1,401,808 $0 $0
2020 $22,078 $1,382,454 $0 $0
2019 $22,246 $1,351,372 $0 $0
2018 $21,744 $1,309,053 $0 $0
2017 $21,630 $1,282,128 $0 $0
2016 $20,025 $1,202,337 $0 $0
2015 $20,264 $1,166,986 $0 $0
2014 $19,857 $1,144,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1094626

realMLS (Northeast Florida Multiple Listing Service)

APN: 174191-1180