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$239,999
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Property Description
Short Sale. Short Sale Opportunity - Priced to Move! Calling all investors and value-seekers! This property at 861 Palermo Rd presents a rare chance to acquire a solid home in a desirable Saint Augustine neighborhood at an attractive price. Featuring an open living layout and a spacious lot, this home offers excellent potential for renovation, rental income, or resale. With strong demand in the area and limited inventory at this price point, the upside is tremendous. Bring your vision, add your updates, and unlock the full potential of this investment. Don't miss out on this profitable short-sale opportunity! All offers are subject to bank approval.
Full Property Details
Full Property Details for 861 Palermo Rd
General
- Price: $239,999
- HOA FEE: $33/month
- Taxes: $2,867 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: FC314550
- Updated: 1/16/2026
- Added to Site: 44 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Ninguno
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate, Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Private Mailbox, Private Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 32086 - Saint Augustine
- County: St Johns
- Development Name: 32086 - Saint Augustine
- Subdivision: ST AUGUSTINE SHORES
- Driving Directions: US Hwy1 North Right onto Shores Blvd Right onto Palermo Rd to number 861
- Direction Faces: East
Community
- Community Name: 32086 - Saint Augustine
- Association: Yes
- Assoc. Name: St. Augustine Shores Corportation
- Pet Restrictions: Contact HOA Office to inquire
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable TV Available, Electricity Available
Structural Information
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,128
- Sq. Ft. Source: Public Records
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
- Street/Road Desc.: Paved
- Fencing (Description): Wood
Financial Considerations
- Association Fee: $33
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $2,867
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Short Sale
- Legal Description: 11/76-80 ST AUGUSTINE SHORES UNIT ONE REPLAT LOT 2 BLK 15 OR5881/943
- Flood Zone Info: X
- APN: 2701150020
- Property ID: 2701150020
- Block/Lot/Section: 15
Listed by Grand Living Realty
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Schools
Schools serving 861 Palermo Rd
School District:St. Johns County School District
| Name | Grades | Distance |
|---|---|---|
W. Douglas Hartley Elementary School 260 Cacique Dr, St. Augustine, FL 32086 | K-5 | 1.8 mi |
Gamble Rogers Middle School 6250 Us Highway 1 S, St. Augustine, FL 32086 | 6-8 | 2.8 mi |
Pedro Menendez High School 600 State Road 206 W, St. Augustine, FL 32086 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 861 Palermo Rd
Date
Details
Price
Change
Source
12/05/2025
Listed
$239,999
-26.15%
MLS
1/03/2024
Sold
$325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 861 Palermo Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,867
—
$243,122
1%
2024
$2,867
5%
$241,199
3%
2023
$2,739
39%
$233,559
76%
2021
$1,972
-22%
$132,406
-39%
2022
$2,534
28%
$215,645
60%
2021
$1,972
10%
$135,106
24%
2019
$1,789
10%
$109,328
10%
2018
$1,626
-1%
$99,389
-3%
2017
$1,646
9%
$102,401
17%
2016
$1,508
5%
$87,265
8%
2015
$1,441
2%
$80,879
4%
2014
$1,411
6%
$77,809
8%
2013
$1,329
—
$71,992
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 861 Palermo Rd
861 Palermo Road, Saint Augustine, FL 32086 (MLS# FC314550) is a Single Family property with 2 bedrooms and 2 full bathrooms. 861 Palermo Road is currently listed for $239,999 and was received on December 05, 2025. Want to learn more about 861 Palermo Road? Do you have questions about finding other Single Family real estate for sale in Saint Augustine? You can browse all Saint Augustine real estate or contact a Coldwell Banker agent to request more information.

