Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$779,900

31 MAGNOLIA Drive, St. Augustine Beach, FL 32080

Anastasia Park

Price
$779,900
Beds / Baths
4 / 2
Living area
1,528 sqft
Year built
1941
Type
Residential
Lot
0.16 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
St. Johns
Days on market
129

$510/sqft asking, vs a $318/sqft median across 527 closed sales in 32080 over the last 12 months — 61% above the area's closed prices. Condition and lot vary; that's what a showing is for.

We are proud to present this amazing Anastasia Island multi-family property in St. Augustine, FL. These are two completely renovated beach lifestyle bungalows. Each has been thoughtfully updated with New Flooring, New Kitchen cabinets, New Bathrooms, Granite Counters, New Stainless Steel kitchen appliances, Recessed lighting, HVAC, New Ceiling fans, On Demand Hot Water, New Electrical Wiring, New insulation, too much to list. Ceilings have been updated with smooth finishes. The main decking has been replaced with Cool-Trex synthetic decking for easy maintenance, longevity and cooler temperatures on bare feet. This two unit property features two separate 1st floor storage and laundry areas. This is a peaceful community within walking distance to St. Augustine's best attractions, restaurants and cafes. Conveniently located within a quick 5 - 10 mins drive of the beach and a variety of stores and banks. Grab your bike and go everywhere.

What to check on this one

  • Verify flood zone designation and elevation certificate for AE/VE requirements.
  • Confirm 1941 roof age, insurance eligibility, and wind-mitigation inspection completion.
  • Review full renovation permits and inspections—electrical, plumbing, HVAC compliance.
  • Clarify multi-family zoning; confirm separate utility meters and rental legitimacy.
  • Inspect plumbing materials; pre-1995 polybutylene or cast-iron lines present risk.
  • Order 4-point inspection and wind-mitigation report for insurance quotes.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$4,047/mo
Property tax (1.1% eff., St. Johns Co.)$715/mo
Homeowners insurance (est.)$455/mo
All-in monthly (est.)$5,217/mo

Loan $623,920 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of ASSET MONETIZATION PARTNERS. Data via realMLS (Northeast Florida MLS), updated Jun 26, 2026, 6:00 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.