Top 5 Most Promising Neighborhoods in St. Augustine, FL

Nestled on Florida's northeastern coast, St. Augustine is not just a city steeped in history; it's a burgeoning hotspot for real estate opportunities. Beyond its well-trodden tourist paths and historic landmarks lies a mosaic of neighborhoods, each with its unique charm and investment potential. This blog post shines a light on five lesser-known neighborhoods in St. Augustine, unveiling why they're quickly becoming prime targets for home buyers and investors seeking rental demand, ROI, and long-term growth.

St. Augustine South

A serene, waterfront community known for its winding streets, oak hammocks, and lush landscapes. With two public boat ramps, it's a haven for water enthusiasts. The area has seen a steady increase in property values, with Zillow noting a 7% rise in the past year alone. The demand for rentals is high, particularly among families drawn to the area's safety and community-focused events. The neighborhood prides itself on excellent schools and numerous parks, making it ideal for families. Community events, such as the annual "Southies Fest," bring residents together, enhancing the area's appeal.

Anastasia Hills & Biera Mar

Located in Butler Beach, these conjoined neighborhoods offer stunning ocean views and direct beach access. They represent a blend of old and new, where modest beach cottages stand alongside modern mansions. With a limited supply of homes and a high demand for beachside living, Anastasia Hills & Biera Mar have seen property values skyrocket. According to Realtor.com, the median home price has increased by 12% over the past year. The neighborhoods feature some of the highest elevations on Anastasia Island, which means flooding is never a concern. There is no HOA, so you can store your boat or RV on-site. As a bonus, short-term rentals are allowed without night minimums, unlike a lot of other areas in St. Augustine. All homes are either on the beach or located just a 3-minute walk away. There are boardwalks to the beach on every street and a vehicle access ramp conveniently located within the neighborhood as well. There’s also a boat ramp less than 1 mile away, providing easy access to the Intracoastal waterway. The area is known for its laid-back lifestyle and secluded feel while still being close to great restaurants, shops, and historic downtown St. Augustine.

Davis Shores

Offering a mix of waterfront luxury and quaint bungalows, Davis Shores is a stone's throw from downtown St. Augustine. Its diverse architecture and proximity to historic sites make it a magnet for both residents and investors. Real estate in Davis Shores has appreciated consistently, thanks in part to its location and the quality of life it offers. The neighborhood has a robust rental market, appealing to both long-term residents and vacationers. Safety and community are paramount, with various local initiatives aimed at maintaining the neighborhood's charm. The proximity to Flagler College and the downtown area makes it popular among college students and young professionals as well. This neighborhood is special; however, you do need to be aware of its elevation as some homes have flooded in recent hurricanes. 

Fullerwood Park

A historic neighborhood known for its 1920s and 1930s homes, Fullerwood Park exudes old-world charm. Its tree-lined streets and proximity to the San Sebastian River add to its desirability. The neighborhood has become a hotspot for those looking to invest in properties with character and potential for appreciation. The community is active in preservation and hosts events that celebrate the neighborhood’s history and culture. Fullerwood Park residents enjoy easy access to downtown St. Augustine without being in the middle of the tourist hot spots, offering a perfect blend of tranquility and urban convenience.

Marsh Creek Country Club

For those seeking luxury and leisure, Marsh Creek Country Club offers gated community living with top-notch amenities. It's the only golf course community on Anastasia Island, featuring tennis courts, a fitness center, a pool, and a clubhouse. Homes in Marsh Creek Country Club command premium prices, with the market remaining strong due to limited availability and high demand. The neighborhood's exclusivity and comprehensive amenities package make it a lucrative option. Beyond the golf course, Marsh Creek is known for its conservation efforts, with many homes backing onto protected nature preserves. Deer, bald eagles, egrets, and other wildlife are commonly seen throughout the neighborhood. Many homes overlook the marsh or have views of the Intracoastal. The sense of community is strong, with social events and activities fostering connections among residents of all ages.

St. Augustine's real estate market is as diverse as its history. From waterfront retreats to historic havens, these neighborhoods offer compelling opportunities for investors and home buyers alike. With their unique blend of community, culture, and growth potential, St. Augustine South, Anastasia Hills/Biera Mar, Davis Shores, Fullerwood Park, and Marsh Creek stand out among the rest. As the city continues to grow, these neighborhoods are poised for long-term appreciation, making now an opportune time to explore what St. Augustine's lesser-known areas have to offer. If you’re interested in learning more about these neighborhoods and their listings, give me a call before competition grows during the prime Spring buying/selling season.