Active

259 RIBERIA ST

SAINT AUGUSTINE FL, 32084

$849,000


$380.72 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

December 4, 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


Days on Market

26


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

Listing History

Date

Event

Price

12/4/2024

Price change

$849,000

-6%

Listed by STA REALTY
Listing Contact: 904-838-1111 

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Data last updated 12/4/2024, 9:58 PM UTC

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