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    204 Pelican Reef Dr St Augustine, FL 32080

    For Sale
    $1,995,000

    Land/Acreage - St Augustine, FL

    Lot size:
    0.61 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for 204 Pelican Reef Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SA
    APN
    158573-0110
    Lot size
    0.61 Acres

    Taxes and HOA fees

    Expense value
    435
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Quarterly

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Forrest Realty Group (904) 501-0443 [email protected]

    Listing agent Jason Forrest (904) 794-7584

    Listing date Sep 25, 2025

    MLS# 255464 Listing URL

    Copyright © 2025 St. Augustine & St. John's County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Deepwater Lot in Yachtsman Point

    Located at 204 Pelican Reef Dr, St. Augustine, FL 32080, this deepwater lot is situated within the exclusive Yachtsman Point section of Pelican Reef, a gated waterfront community. The 0.61-acre homesite features 110 feet of Intracoastal frontage, providing direct deepwater access suitable for boaters. The lot is prepared for construction, with over 100 loads of compacted fill dirt already brought in. Dock and bulkhead permits have been fully approved by the Army Corps of Engineers, DEP, and SJRWMD, and the bulkhead is already in place. Included with the sale are a full survey with topography and tree locations, a geotechnical report with completed soil borings, and architectural plans approved by the Pelican Reef ARB. The approved architectural plans can convey at the buyer's request. The property offers unobstructed views of the Nation’s Oldest City. It is located minutes from historic downtown St. Augustine and the Atlantic shores. Owner financing may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Augustine
    County
    St. Johns
    State
    Florida
    Longitude
    -81.300421492065
    Latitude
    29.873783032436

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    FAQs

    What type of property is this?
    Waterfront Property - Deepwater homesite with Intracoastal access in gated waterfront community.
    Where is this waterfront property located?
    The property is located at 204 Pelican Reef Dr St Augustine, FL.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Deepwater lot with **110 feet on the Intracoastal** for direct boating access.; - **Bulkhead already in place**, with fully approved dock and bulkhead permits.; - Located in the exclusive, gated waterfront community of Yachtsman Point in Pelican Reef.
    (904) 794-7584
    Request Owner's contact information
    204 Pelican Reef Dr St Augustine, FL 32080
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    St Augustine, FL 32080
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Pelican Reef Dr St Augustine, FL 32080
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