585 MARKET Street
St. Augustine, FL 32095
MLS# 2160066
4 beds | 5 baths
Property DescriptionFully renovated upscale mixed-use (residential & commercial) townhome performing as a solid 7 Cap with long-term tenants.
Excellent investment in a community that's very central and growing fast in demand due to it's location and prime amenities (tennis, gym, pools, sauna, steam room, community center). With it being surrounded by a Hines designed private golf course it serves up stable value and growth potential.
Association is very well managed/funded and property insurance, maintenance, annual fire inspections and water are included in association dues.
Property Attached YN: Yes
Current Price: $959,000
Property Sub Type: Townhouse
Status: Active
List Price: $959,000
Listing Contract Date: 2026-08-13
Country: US
Parcel Number: 0720950070
Tax Annual Amount: 11214.08
Tax Year: 2025
Tax Legal Description: 56/55-56 CROSSWINDS AT PALENCIA LIVE/WORK TOWNHOME
Zoning Description: Multi Family
Elementary School: Palencia
Middle School: Mill Creek Academy
High School: Allen D. Nease
Lot Size Acres: 0.05
Bathrooms Half: 2
Living Area: 3916
Living Area Source: Public Records
CDD Fee YN: Yes
CDD Fee Amount: 3499
Accessory Dwelling Unit Y/N: Yes
Association YN: Yes
Homestead YN: Yes
Association Fee: 499
Association Fee Frequency: Monthly
Association Name: Crosswinds Palencia Live/Work Townhomes
Association Phone: 904-377-0023
Waterfront YN: Yes
Water Frontage Feet: 12
Senior Community YN: No
Direction Faces: East
Directions: I-95 to International Golf East to Palencia Drive to Market Street
Public Remarks: Fully renovated upscale mixed-use (residential & commercial) townhome performing as a solid 7 Cap with long-term tenants.
Excellent investment in a community that's very central and growing fast in demand due to it's location and prime amenities (tennis, gym, pools, sauna, steam room, community center). With it being surrounded by a Hines designed private golf course it serves up stable value and growth potential.
Association is very well managed/funded and property insurance, maintenance, annual fire inspections and water are included in association dues.
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Furnished: Negotiable
Stories: 3
Entry Level: 1
List Price/SqFt: 244.89
Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 5
Year Built: 2007
Convection Oven: 1
Dishwasher: 1
Disposal: 1
Electric Cooktop: 1
Commercial: 1
Investment: 1
Multi-Family: 1
Residential: 1
Private Financing Available: 1
VA Loan: 1
Cable Connected: 1
Electricity Available: 1
Dwelling Type: Apartment
ADU Attached Y/N: No
Street Number: 585
Street Name: MARKET
Street Suffix: Street
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 312-Palencia Area
Subdivision Name: Palencia
Major Change Timestamp: 2026-08-14T00:26:24Z
Major Change Type: New Listing
Appliances: Convection Oven; Dishwasher; Disposal; Electric Cooktop; Microwave
Utilities: Cable Connected; Electricity Available
Waterfront Features: Marsh
Current Use: Commercial; Investment; Multi-Family; Residential; Retail
Possession: Close Of Escrow
Listing Terms: Cash; Conventional; FHA; Owner May Carry; Private Financing Available; VA Loan
Listing Office: EXIT MAGNOLIA POINT REALTY
Last Updated: August - 14 - 2026
Information deemed reliable but not guaranteed.
