Active

259 RIBERIA Street

St Augustine FL, 32084

$849,000


$380.72 per sqft

Active

4 Beds

4 Baths

2,230 sqft

Residential

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!

2055611

MLS ID

November 8, 2024

Listed

December 3, 2024

Updated

Map

259 RIBERIA Street
St Augustine FL, 32084

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Breakfast Bar, Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s)


Appliances

Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer


Laundry Description

In Unit


Floor Description

Tile, Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Balcony


Architectual Style

Traditional


Roof

Metal


Sewer

Public Sewer

School Information

High School

St. Augustine


Elementary School

Ketterlinus

Other Property Details

Area Name

322-Downtown St Augustine


Taxes

$10,463


Tax Frequency

Annually


Days on Market

25


Garage

Yes


Garage Spaces

2


Parking

Garage


View

No


County

St. Johns


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

12/3/2024

Price change

$849,000

-6%

Courtesy of STA REALTY

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Data last updated 9:11 PM UTC, 12/3/2024

 

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