RARE VALUE ON ANASTASIA ISLAND! Priced at $699,000--currently over $125k below the $826,000 Just Market Value reflected in St. Johns County Property Appraiser records. Discover a truly one-of-a-kind coastal home in Menendez Park, one of St. Augustine Beach's most desirable neighborhoods. Stoutly constructed with a concrete-block first floor and designed with the character of a ship, this distinctive property offers a rare combination of coastal living, thoughtful craftsmanship, and flexible space for family and guests. The neighborhood provides gated access to Anastasia State Park, offering direct access to miles of natural coastline, trails, and outdoor recreation. Inside, the recently updated galley-style kitchen features granite countertops and backsplash and opens to the main living area, where a beautiful cupola fills the space with natural light. The all-wood construction and exceptional carpentry details add warmth and character throughout. The spacious primary suite, or "Captain's Quarters," occupies a private wing of the second floor and opens to a large screened porch overlooking the neighborhood's mature live oaks. A generous guest bedroom and beach-inspired full bathroom complete the second level. The home's unique layout continues downstairs, where a spiral staircase leads to the "crew's quarters." This versatile space features a common area, full bathroom, and three non-conforming rooms that can accommodate guests, hobbies, recreation, office space, or other flexible uses. Beach living also means having plenty of room for all the gear that comes with it. The ground level offers a full two-car garage plus additional storage space, providing ample room for boards, kayaks, bikes, beach equipment, and more while keeping the garage available for parking. With its distinctive nautical character, flexible living spaces, abundant storage, and exceptional location near the beach and Anastasia State Park, this home offers a lifestyle that is anything but ordinary.