New Listing - 11/08/2024

$899,000 ($403.14 per sqft)

Est. Mortgage $4,665/mo *

Quick Pre-Approval

259 Riberia STREET, Saint Augustine, FL, 32084

259 Riberia STREET, Saint Augustine, FL, 32084

3 rooms

4 beds

4 Full baths

2004

Traditional

2,230 sqft

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!


Status:

Active

Type:

Multi-family

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside

Subdivision:

BUENA ESPERANZA SUB

Garage:

2-car Driveway

Heating:

Electric

Cooling:

Central Air

Lot Size:

44 x 112

Acreage:

0.12

Est. Taxes:

$10,675

Construction

Cement Siding, Concrete

Utilities

Electricity Connected, Sewer Connected, Water Connected

Lot Description:

City Lot

Appliances:

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Min Lease Term:

No Minimum

MLS #:

FC305063


Community Info

School Info

Walk Score

Yelp



Listing courtesy of STA REALTY Phone: 904-377-4782