Pelican
Reef Homes for Sale in St. Augustine, FL

Established resale homes · Anastasia Island · ZIP 32080

A gated, Intracoastal-front community on Anastasia Island built around a private marina, for buyers who want boating access without leaving St. Augustine.

Gated waterfrontSt. Augustine, St. Johns CountyPrivate marina
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
This is a resale market with a limited number of homes. Inventory and pricing move with whatever is listed at any given time, so verify current availability before you tour.
Free · No obligation
Unlock Off-Market St. Augustine

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive realMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulserealMLS
n/a
Median Price
0mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Pelican Reef sits on a strip of Anastasia Island where the draw is not the house, it is the water. The gated entry and private marina put boating access at your back door, and that is a scarce feature on this stretch of coast. The trade-off is a small, resale-only inventory, so patience and flood and insurance diligence matter more here than in a typical subdivision."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Pelican Reef is a gated, established community on Anastasia Island in St. Augustine, built along the Intracoastal Waterway with a private marina for property owners. Homes here are resale, not new construction, and the community is organized around waterfront and marsh-view homesites reached through a secured entry off Cassanova Drive.

Because inventory is limited and waterfront-oriented, the market here behaves less like a large subdivision and more like a small, amenity-driven pocket. What is listed at any given time, and how close a homesite sits to the water or the marina, tends to matter more to pricing than square footage alone.

The location is the other half of the story. Anastasia Island puts residents a short drive from St. Augustine Beach and from the shops, restaurants, and history of downtown St. Augustine, while the private marina gives direct Intracoastal boating access that most inland communities in the area do not offer.

Best for

  • Buyers who want direct Intracoastal Waterway or marina access in a gated setting
  • Boat owners looking for a private marina rather than a public ramp or marina waitlist
  • Buyers who want an established resale close to both St. Augustine Beach and historic downtown

Probably not for

  • Buyers who want new construction or a large, builder-phased community
  • Anyone shopping a large inventory of similarly priced homes to negotiate against
  • Buyers unwilling to budget for coastal flood and windstorm insurance

How St. Augustine is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
n/aMedian days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+0%Asking vs recent sold $/sqftroom to negotiate

Live market metrics for Pelican Reef update as realMLS listings and sales post. Figures shown reflect current recorded activity; confirm specifics by address.

Live from realMLS, as of July 9, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current St. Augustine listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Pelican Reef buys, holds, and resells. See the five factors.

Listing locations from realMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

St. Augustine Beach5 to 10 min · approximate
Historic downtown St. Augustine10 to 15 min · approximate
US-1 / I-95 access15 to 20 min · approximate
Jacksonville International Airport50 to 60 min · approximate

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near PelicanReef Homes for Sale in St with Momentum Realty’s local guides.

Antigua Homes for Sale in StAntigua Homes for Sale in StSt. Augustine, FL · 0.2 miDavis Shores Homes for Sale in StDavis Shores Homes for Sale in StSt. Augustine, FL · 0.5 miCortez on the Water Homes for Sale in St Augustine, FLCortez on the Water Homes for Sale in St Augustine, FLSt Augustine, FL · 0.7 miPHThe Preserve Homes for Sale in StSt. Augustine, FL · 0.8 miStStSt. Augustine, FL · 0.9 miHHHannahsWalk Homes for Sale in StSt. Augustine, FL · 1.0 miPonce de Leon Heights Homes for Sale in StPonce de Leon Heights Homes for Sale in StSt. Augustine, FL · 1.0 miLPLighthouse Park Homes for Sale in StSt. Augustine (Anastasia Island), FL · 1.0 miMHMenendezPark Homes for Sale in StSt. Augustine, FL · 1.2 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
St. Augustine (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • St. Johns County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

St. Augustine is served by St. Johns County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

High

St. Augustine High School (St. Johns County School District, verify by address)

Middle

Sebastian Middle School (St. Johns County School District, verify by address)

Elementary

R.B. Hunt Elementary School (St. Johns County School District, verify by address)

Buying with schools in mind? We can confirm the exact zoned schools for any St. Augustine address.

The takeaway

Anastasia Island and greater St. Augustine Beach have kept adding residents and visitors, and coastal insurance and flood-zone costs remain the biggest ongoing conversation for waterfront owners here.

Recent Developments in Pelican Reef

Our read on what is being built around St. Augustine, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishNet positive for demand given the scarcity of gated, marina-access communities on the island, tempered by rising coastal carrying costs that every waterfront buyer here should underwrite carefully.

Limited waterfront gated inventory

2026
BullishNotable impact
SignificanceRadius: Community

Gated communities with a private marina are uncommon on Anastasia Island, which supports demand for the few homes that come to market here.

Coastal insurance and flood costs

2026
BearishMajor impact
SignificanceRadius: Region

Waterfront homes on Anastasia Island carry meaningful flood and windstorm insurance costs. Get a bindable quote for the specific home and flood zone before you commit.

St. Johns County growth

2020 to 2026
NeutralNotable impact
SignificanceRadius: County

St. Johns County has remained one of Florida's faster-growing counties, supporting broad demand for coastal St. Augustine housing, including established island communities.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Pelican Reef, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

    Development alerts for Pelican ReefGet a short monthly email when something new is approved, funded, or opens near Pelican Reef.

    A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

    Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

    If we were buying in St. Augustine, this is the order of operations we would run, and the one we run for our clients.

    1

    Ask the HOA or management company for the current dues amount, what the marina fees and slip assignment process cover, and any pending special assessments.

    2

    Get a bindable flood and windstorm insurance quote for the specific home and its flood zone before you write an offer.

    3

    Verify the exact zoned elementary, middle, and high school by the home's address with the St. Johns County School District.

    4

    Confirm marina slip availability, deeded dock rights if any, and any boat-size or draft restrictions with the HOA.

    5

    Compare the home against recent Anastasia Island waterfront resales, not inland St. Augustine comps, since water access changes the pricing picture.

    Best Buy
    A homesite with direct water or marina access and a documented, insurable flood zone.
    Biggest Risk
    Coastal insurance costs and limited resale comps for a small, amenity-specific community.
    Best Lot
    Prioritize proximity to the marina and the Intracoastal over interior lots.
    Smart Timing
    Opportunistic. Inventory here is thin, so a well-priced waterfront listing can move quickly.
    The takeaway

    On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

    Community Details at a Glance

    The Homes

    Type

    Single-family, established resale

    Setting

    Gated, Intracoastal Waterway frontage on Anastasia Island

    Character

    Waterfront and marsh-view homesites with a private marina

    Access

    Gated entry off Cassanova Drive

    Costs & Fees

    HOA

    Yes, amount not published; confirm with the HOA or management company

    CDD

    None identified; confirm on the parcel tax record

    Property use

    Primary and second homes

    Amenities

    Marketed

    Private marina, gated entry, Intracoastal access

    Status

    Confirm current marina slip availability with the HOA

    Location

    Town

    St. Augustine (Anastasia Island), St. Johns County

    St. Augustine Beach

    About 5 to 10 min

    Historic downtown St. Augustine

    About 10 to 15 min

    The takeaway

    Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

    The Entry

    Interior or marsh-view homesites without direct water frontage typically represent the lower end of pricing here. Verify current listings, since inventory is limited.

    Lowest entry
    The Core

    Homes with partial water views or closer proximity to the marina generally sit in the middle of the range.

    Most inventory
    The Top

    Direct Intracoastal waterfront homesites with marina proximity command the highest prices. Confirm the current price against active and recently sold listings before you assume a range.

    Strongest resale

    Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

    The Entry
    Interior or marsh-view homesites without direct water frontage typically represent the lower end of pricing here. Verify current listings, since inventory is limited.
    The Core
    Homes with partial water views or closer proximity to the marina generally sit in the middle of the range.
    The Top
    Direct Intracoastal waterfront homesites with marina proximity command the highest prices. Confirm the current price against active and recently sold listings before you assume a range.

    Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

    15-Second Take
    • Renovation math decides the deal
    • Better lots and views resell strongest
    • Roof and HVAC age drive the insurance quote
    • Interior lots are where buyers overpay
    Jon Brooks, Momentum Realty
    Operator Note

    Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

    Waterfront and marina accessPrivate marina
    Gated securitySecured entry
    Insurance and carrying costCoastal flood and wind
    Resale comp depthLimited inventory
    Location convenienceBeach and downtown

    Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

    Jon Brooks, Momentum Realty
    Operator Note

    The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

    5 Mistakes Buyers Make in St. Augustine

    15-Second Take
    • Calling the listing agent (who works for the seller)
    • Misjudging the renovation budget
    • Overpaying for an interior lot
    • Underbudgeting the carrying costs
    • Skipping the roof, HVAC, and systems check

    The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

    The value here is not the square footage, it is the water at your back door.

    Jon Brooks · Founder, Momentum Realty
    7.6B · Buy Score
    Resale Strength7.4/10
    Renovation Risk6.8/10
    Location Efficiency8.4/10
    Long-Term Defensibility7.8/10
    Carrying Cost Advantage5.8/10

    Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

    Why our read on St. Augustine is different.

    Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live realMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No automated estimate, no guesswork.

    Live realMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
    Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

    Which Lots & Views Hold Value Best

    Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

    Value ($/sqft)
    $261 value$401 premium
    Lake / waterPreserveInterior

    Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from realMLS; for orientation, not an appraisal.

    15-Second Take
    • Direct waterfront and marina-proximity homesites hold the most value.
    • Interior and marsh-view lots without direct frontage trade at a discount.
    • Flood zone varies by homesite; confirm it individually, not community-wide.
    • Ask about deeded dock or slip rights tied to specific homes.
    • Established landscaping and mature trees vary lot to lot; walk the site before you buy.

    In a small waterfront community like Pelican Reef, the homesite matters more than the floor plan. Direct Intracoastal frontage and proximity to the private marina are the features that hold value on resale, while interior or marsh-view lots without direct water access trade at a discount. Flood zone designation can differ homesite to homesite even within the same gated community, so confirm it for the specific parcel rather than assuming a community-wide answer, and ask whether any deeded dock or marina slip rights travel with the home.

    St. Augustine in 15 seconds.

    Best forBoat owners and buyers who want gated, private Intracoastal access on Anastasia Island.
    Biggest advantageA private marina and Intracoastal frontage inside a gated community.
    Biggest riskCoastal flood and windstorm insurance costs on waterfront homesites.
    Sweet spotA well-positioned homesite near the marina with a documented, insurable flood zone.
    Avoid ifYou want new construction or a large pool of comparable homes to negotiate against.

    HOA, CDD & Fees

    15-Second Take
    • HOA yes; get the current dues amount and marina fee structure in writing.
    • No CDD was identified, but confirm it on the parcel's tax record.
    • The core amenity is a private marina with Intracoastal access, not a club or golf course.
    • Ask how marina slips are assigned and whether any are deeded to specific homes.
    • Budget coastal flood and windstorm insurance as a real cost; get a bindable quote.

    Pelican Reef has a homeowners association that maintains the gate, common areas, and the private marina. A current dues amount is not published here; confirm the exact figure and what it covers with the HOA or management company before you buy.

    Confirm in writing, but dues in a gated waterfront community like this generally fund gate and common-area upkeep and marina maintenance. Ask specifically how marina slips are assigned and whether there is a separate slip fee.

    There is no golf course or private country club here; the shared amenity is the marina and gated waterfront setting.

    The takeaway

    Selling here is won on condition and view, not an automated estimate. The right number comes from closed comps matched to your renovation level and lot.

    Momentum listings (YTD)
    97.98%
    Sold-to-list ratio across the Jacksonville metro for our agents, sellers keeping more of their price.
    Market average (YTD)
    96.73%
    The broader metro average sold-to-list ratio over the same period.
    Momentum days on market
    64 days
    Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
    Market days on market
    72 days
    The broader metro median over the same period.

    Sold-to-list and days-on-market figures reflect Momentum Realty listings versus the Jacksonville metro average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

    In St. Augustine, condition and view decide your number

    Because buyers here are weighing your home against renovated comps and cross-shopping Colony Reef Club, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

    What is your St. Augustine home worth?

    Get a no-obligation home value based on real comparable sales in St. Augustine matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

    See homes for sale in Pelican Reef on the map →

    Real comps, not an automated estimate.

    Price History: What Homes Here Have Actually Sold For

    Median sale prices in Pelican Reef year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

    The real cost & risk here

    Before the list price, the Florida math the portals skip. These are St. Johns County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

    $2,612/mo
    St. Johns County typical true cost to own
    $115/mo
    St. Johns County typical home insurance
    Check CDD
    Confirm before you offer

    County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

    Live market metrics for Pelican Reef are being compiled from realMLS activity and will appear here as listings and sales post. For current county-level figures, see the market data links below.

    Market metrics only; these describe homes for sale and recent sales, not residents.

    Frequently Asked Questions

    Is Pelican Reef a new-construction community?
    No. It is an established, gated resale community on Anastasia Island in St. Augustine, built along the Intracoastal Waterway.
    Is Pelican Reef gated?
    Yes. Access is through a secured, gated entry off Cassanova Drive.
    Does the community have marina access?
    Pelican Reef includes a private marina and pier along the Intracoastal Waterway for property owners. Confirm current slip availability and any fees with the HOA.
    Is there an HOA, and how much are the dues?
    Yes, there is a homeowners association that maintains the gate, common areas, and marina. A current dues amount is not published here; confirm the exact figure with the HOA or management company before you buy.
    Is there a CDD bond on the taxes?
    No Community Development District was identified for this community, but CDD status is best confirmed on the specific parcel's tax record with the St. Johns County Property Appraiser.
    What amenities does the community have?
    The primary shared amenity is the private marina and gated Intracoastal-front setting. There is no golf course or clubhouse identified here.
    What schools serve the community?
    It is in the St. Johns County School District, with R.B. Hunt Elementary, Sebastian Middle School, and St. Augustine High School generally serving this area. Verify the zoned schools by the specific address.
    How far is St. Augustine Beach?
    St. Augustine Beach is approximately a 5 to 10 minute drive. Historic downtown St. Augustine is approximately 10 to 15 minutes.
    What is the biggest risk of buying here?
    Coastal insurance costs and a thin resale comp pool. Waterfront flood and windstorm insurance is a real, ongoing carrying cost, and because inventory is limited, comparable sales can be scarce at any given time.
    How should I choose a homesite?
    Favor direct Intracoastal frontage or close proximity to the marina, confirm the flood zone for the specific parcel, and ask whether any deeded dock or slip rights come with the home.
    Should I get my own agent for a purchase here?
    Yes. A local agent can help you evaluate flood zone, marina access, and true waterfront comps, which are easy to misjudge from listing photos alone.
    How current is the data on this page?
    The market figures reflect live realMLS-area data where available and update regularly. Always confirm the exact price and availability with a current listing before you make an offer.
    Who is the best real estate agent for Pelican Reef?
    The best agent for Pelican Reef is one who actively works St. Augustine and knows the community's pricing, HOA and CDD details, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Pelican Reef.
    How do I find a top St. Augustine real estate agent who knows Pelican Reef?
    Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pelican Reef and the wider St. Augustine area.
    Can Momentum Realty connect me with an agent for Pelican Reef?
    Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pelican Reef purchase or sale - no call center and no pressure.
    You want gated, private Intracoastal Waterway and marina access on Anastasia Island.Excellent fit
    You own a boat and want private moorage rather than a public ramp or marina waitlist.Excellent fit
    You want an established resale close to both the beach and historic downtown St. Augustine.Excellent fit
    You are prepared to budget real coastal flood and windstorm insurance costs.Excellent fit
    You want new construction or a large builder-phased community.Probably not
    You need a large pool of similarly priced comps to negotiate hard against.Probably not
    You are not prepared for waterfront insurance and flood-zone diligence.Probably not
    You do not want or need boating or marina access.Probably not

    Get the inside read on St. Augustine

    Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your St. Augustine home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

    We respond personally, usually the same day.

    You are all set.

    A Momentum Realty St. Augustine specialist will reach out personally, usually the same day.

    Median sale price in Pelican Reef, Florida by year (2012 to 2026). Source: Momentum Realty.
    Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Data provided by realMLS.

    Zoom out before you decide: see the St. Johns County market guide or every community in the Neighborhood Finder.

    Get my St. Johns County cash offer →

    Own a home here?

    You just read the data. Now see what your home is worth.

    The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the RealMLS member average and 8 days faster, and we’ll price yours against live your area comps.

    Looking to buy here? Search homes for sale →

    What’s your home worth in your area?

    A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

    By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
    CallFree valuation →
    Talk to a Local St. Augustine Expert
    Call Get Listings