508 Sugar Pine Ct

Multiple offers received. Seller calling for highest and best by 5:00pm 3/6/26.This is currently the most affordable home available on Anastasia Island, offering a rare chance to secure island living for just over $300,000. Major improvements have already been handled for you: a brand-new roof installed last week, a new HVAC system last year, and a newer hot water heater. The structure is solid — the heavy lifting is done. What remains is your vision. The interior will need a full update, making this an ideal opportunity for a buyer ready to renovate and create instant equity. Whether you're an investor, a weekend warrior, or someone looking to design a beachside retreat exactly to your taste, the potential here is undeniable. Located in the intimate Cedar Ridge community, the quarterly HOA fee of $500 covers lawn care, landscaping, irrigation, and access to the community pool — allowing you to enjoy low-maintenance living once renovations are complete. The home sits on a quiet cul-de-sac and backs to a natural preserve owned by the association, ensuring long-term privacy and a peaceful backdrop. The location is hard to beat. You're less than a mile to the beach, just minutes to historic downtown St. Augustine, and conveniently close to grocery stores and restaurants. Positioned in the County, you'll benefit from lower property taxes, and the property is located in Flood Zone X, where flood insurance is voluntary. Affordable island properties with this kind of upside are extremely rare. If you've been waiting for the right project in the right location, this is it! Bring your imagination and come see the potential for yourself. Home being sold AS IS.