$1,390,000
38 MAGNOLIA Avenue, St. Augustine, FL 32084, St. Augustine, FL 32084
Miramar On The Bay
- Price
- $1,390,000
- Beds / Baths
- 4 / 4
- Living area
- 2,413 sqft
- Year built
- 2023
- Type
- Residential
- Lot
- 0.11 ac
- Garage
- 2
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- St. Johns
- Days on market
- 69
$576/sqft asking, vs a $211/sqft median across 1,092 closed sales in 32084 over the last 12 months — 173% above the area's closed prices. Condition and lot vary; that's what a showing is for.
A rare opportunity for turn-key investment; top rated, Short Term Rental located near historic downtown St. Augustine cash flowing tens of thousands per year. Built in 2023, ''Canopy Oaks'' located on the picturesque tree-lined street of Magnolia Avenue features 4 bedrooms, 3.5 baths, 2413sqft of living space, heated saltwater pool, wood flooring throughout, stunning kitchen, and impressive master bath with glass enclosed shower, dual vanities, and deep freestanding tub. Walking distance to the shops and restaurants of the Uptown neighborhood, and less than 1 mile to the heart of historic downtown, 2 miles to the beach. No HOA or historic restrictions. This property delivers the perfect blend of luxury, location, and proven returns, making it an exceptional addition to any portfolio. Home next door is also available, same floor plan.
What to check on this one
- Verify short-term rental eligibility and local licensing requirements with St. Augustine city.
- Confirm flood zone designation and obtain elevation certificate if in AE/VE.
- Review property insurance quotes—new construction pool may affect rates.
- Inspect saltwater pool system warranty and maintenance history documentation.
- Verify builder warranty coverage remains transferable to new owner.
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
Loan $1,112,000 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 LINWARD REALTY, LLC. Data via realMLS (Northeast Florida MLS), updated Sep 1, 2026, 2:01 AM.
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