Active
259 RIBERIA ST
SAINT AUGUSTINE FL, 32084
$899,000
$403.14 per sqft
Active
4 Beds
4 Baths
2,230 sqft
Multi-family
Built in 2004
Fantastic investment opportunity in the Historic Lincolnville District! This side-by-side duplex offers flexibility--rent out both units, or live in one and lease the other. Each two-story unit features an identical layout, with 1 bedroom and 1 bath on each floor. The downstairs level includes a bedroom, bath, washer/dryer, durable vinyl flooring and a private entrance to the backyard. Upstairs, you'll find a spacious bedroom and bath, a kitchen with granite countertops, stainless steel appliances, stainless steel large single basin sink, large kitchen island with bar seating, a large living room, vaulted ceilings, oak wood floors and a balcony overlooking Riberia Street. Each unit also has its own pavered walkway to a private entrance, pavered driveway parking space, a 1-car garage and a gated entry to the backyard. This property is loaded with charm and modern touches, including a painted metal roof, designer tile in the kitchens and baths, LED light fixtures, cordless blinds and fresh paint. Recent updates include refinished oak floors upstairs, new horizontal front fencing with two gates, new back doors, new interior and exterior door knobs and freshly painted trim in the stairwells. Each garage is 11.5 feet high with storage above the bay. With long-term rental potential estimated at $2,300-$2,700 per unit and projected short-term rental revenue around $100,000 annually (per AirDNA), this property is a prime income-generating asset. Zoned RG-1 with no rental restrictions, it qualifies for nightly rentals per City of St. Augustine zoning regulations. Great location close to Ice Plant, St. Augustine Distillery, St. Augustine Fish Camp, San Sebastian Winery and Eddie Vickers park that includes a public swimming pool! Don't miss out on this versatile and profitable property!
FC305063
MLSⓇ ID
November 8, 2024
Listed
November 9, 2024
Updated
Map
259 RIBERIA ST
SAINT AUGUSTINE FL, 32084
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Window Treatments
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Description
Inside
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Private Mailbox
Lot Features
City Limits
Architectual Style
Traditional
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
32084 - Saint Augustine
Taxes
$10,675
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
2
Parking
Driveway
View
No
County
St Johns
Municipality
07
Water Source
Public
Pool
No
Zoning
RS-3
Listed by STA REALTY
Listing Contact: 904-838-1111
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Data last updated 11/9/2024, 12:50 AM UTC