Reverie at Silverleaf

St. Augustine, FL · 55+ Age-Restricted · 360 Homes · Builder: Dream Finders Homes · Built 2023–Present

Reverie at Silverleaf is the only major new-construction 55+ community in St. Johns County without a Community Development District fee. That is not marketing language — it is a structural difference that translates to a measurable cost advantage over Parkland Preserve and WaterSong at RiverTown. HOA runs $198–218 per month. No separate CDD line on your tax bill.

The tradeoff worth understanding: Reverie sits inside the larger SilverLeaf master-planned community, which is multi-generational. Your 55+ neighborhood is gated and age-restricted within the Reverie gates, but the broader SilverLeaf community — shopping, restaurants, the master amenity areas — includes families and non-55 residents. This is different from a standalone 55+ community where every neighbor is 55+.

True Costs & 10-Year Math Full Cost Guide vs Parkland Preserve

No CDD — What It Means in DollarsAt Parkland Preserve, the CDD runs $2,390–$3,924/year. At Reverie at Silverleaf: $0. Over 10 years, that is a $23,900–$39,240 difference in carrying costs — before accounting for any price differential between homes. The HOA at Reverie ($198–218/month = $2,376–$2,616/year) is higher than Parkland Preserve's HOA alone ($920/year), but still significantly less than Parkland Preserve's HOA plus CDD combined.

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Cost Summary

Cost Item	Amount	Notes
HOA fee	$198–$218/month	Confirmed; includes lawn care and amenity upkeep
CDD assessment	$0	No CDD — confirmed by Dream Finders and Redfin listing data
Annual HOA total	$2,376–$2,616	Full annual cost of mandatory fees
Property tax on $425K home (year 1)	~$5,051	St. Johns County 13.47 mills, $50K exemption
Silverleaf master HOA (if separate)	Verify with builder	Some master-planned communities carry a separate master HOA fee

Verify the SilverLeaf Master HOADream Finders markets Reverie as having no CDD and an HOA in the $198–218/month range. Before closing, confirm whether there is a separate SilverLeaf master association fee in addition to the Reverie HOA. Some master-planned communities in Florida layer fees — the neighborhood HOA covers your immediate community, and the master HOA covers shared infrastructure across the larger development. Ask for a complete fee disclosure in writing.

What the HOA Includes

Lawn maintenance — mowing and trimming included for all homeowners
Reverie private amenity center: resort pool, spa, fitness center, pickleball courts, bocce ball, event lawn, sports courts
Dedicated Lifestyle Director on staff
Gated community security maintenance
Access to broader SilverLeaf master community amenities (restaurants, shopping, additional recreational spaces)

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Community Details

360 single-family homes and attached paired villas — gated 55+ neighborhood within SilverLeaf
Home sizes: 1,375–3,129 sq ft, two to four bedrooms, two to two-and-a-half baths
11 floor plans available; attached two- or three-car garages
Built 2023–present; still active new construction as of 2025
Located in St. Johns County near I-95 — approximately 30 minutes from St. Augustine beaches, 25 minutes from Jacksonville
30 minutes inland from hurricane evacuation zones — lower flood risk than coastal communities

The Multi-Generational Community Question

Reverie sits within SilverLeaf — a planned community that includes families, young professionals, and a full range of ages outside the Reverie gates. Inside Reverie: all residents are 55+. At the SilverLeaf shared amenities (restaurants, shops, fitness areas outside of Reverie's private clubhouse): the broader community.

For buyers who want geographic separation from non-55 neighbors at all times, this is a genuine distinction from communities like Parkland Preserve, which is a standalone 55+ gated community with no non-55 master community around it. For buyers who value family nearby — adult children with grandchildren who can live in SilverLeaf while the 55+ couple lives in Reverie — this structure is a feature, not a drawback. Dream Finders markets this explicitly as "multi-generational living is real here."

Compare Reverie at Silverleaf

Verify the complete fee structure at Reverie — including whether a SilverLeaf master HOA applies — before comparing it to Parkland Preserve on total cost.

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HOA range confirmed at $198–218/month via builder marketing, agent listings, and county records. No-CDD status confirmed via Dream Finders, Redfin, and multiple listing sources. Property tax uses 2025 St. Johns County millage of 13.47 mills. Verify master HOA with builder before closing. This page is for research purposes only.