Welcome to 131 Cypress, where opportunity meets affordability in the sought-after Saint Augustine South neighborhood. This attractive single-family residence presents an incredible chance to own a piece of paradise on over a .25 acre lot, all for under $340k! Nestled on a high and dry parcel situated in Flood Zone X, this ranch-style home boasts 2 bedroom / 2 bath and can easily be converted back to a 3 bedroom / 2 bath, providing flexibility to accommodate your needs. A convenient attached one-car garage ensures easy parking and storage, while an additional detached carport with a workshop/garage offers even more space for tools, sports equipment, bikes, and kayaks. Step inside to discover a well-maintained interior, featuring a family room that opens onto a spacious 12'x26' entertaining deck, perfect for enjoying outdoor gatherings or simply relaxing. The property is thoughtfully appointed with newer windows (2013), roof (2014), water heater (2020), established landscaping providing peace of mind for years to come. Other notable features include a well, irrigation system, and replumbed plumbing system. Saint Augustine South offers the convenience of proximity to Historic Downtown and Saint Augustine Beach, along with amenities such as a community boat ramp and park, all without HOA fees. Plus, enjoy the freedom to bring your boat or RV, as there are no restrictions in this neighborhood. With top-rated schools nearby and county taxes, this property presents an ideal opportunity for all ages. Don't miss out on the chance to make this home your own and enjoy all that the Saint Augustine area has to offer. Schedule your showing today!