5373 Pelican Way, St Augustine, FL 32080

Fabulous ocean view home on two huge lots! This property is located directly across from the alleyway that goes all the way to beach which protects the ocean view. The home sits on two separately platted 50X184 Ft lots, totaling 100X184 or .42 acres. The double lot provides significant long term value; rent/use the house for many years and then redevelop into two new ocean view homes down the road. The view of the ocean would increase dramatically from a third story. The home is currently 2 bedrooms however there is an easy place downstairs to make a 3rd bedroom with its own bathroom. There is also the upstairs den/TV room that would make a perfect bunkbed room for children. Located just outside of the city limits means lower property taxes and less crowded beaches while remaining in close proximity to our local attractions. High in elevation, this area is in flood zone X which means the flood risk is so low that lenders do no require flood insurance. Sold fully furnished!