19 RIBERIA Street, Saint Augustine, FL, 32084 | $1,995,000

Incredible opportunity to own a piece of prime real estate in the heart of historic downtown St. Augustine. Nestled on the coveted corner of Riberia and Saragossa Street, this property boasts an expansive lot and a strategically positioned building that promises unparalleled business and development opportunity. Enjoy the luxury of space with a massive parcel which can rarely be found in the downtown area. The possibilities for expansion, outdoor seating, or additional structures are virtually endless with favorable zoning options. The existing building spans over 2, 200 square feet and is impeccably maintained. Currently utilized as a Law Office, it presents a turnkey opportunity for a business owner to step in and set up shop immediately. With 30 parking spots on-site, your customers and employees will appreciate the convenience of ample parking spacea rarity in downtown St. Augustine. Whether you're a business owner looking for a strategic location or an investor seeking prime downtown real estate, this property has you covered. Its unique combination of location, lot size, building condition, and zoning flexibility positions it as a rare gem in St. Augustine's commercial landscape. Book your appointment today to explore the endless possibilities that await you at 19 Riberia St.

Features

  • Property Type: Mixed Use
  • Current Use: Commercial, Office
  • Construction: Frame, Vinyl Siding
  • Heating: Central
  • Year Built: 1940
  • Approx Sq. Feet: 2,280
  • Acreage: 0.6
  • Lot Desc: Corner Lot, Historic Area
  • MLS#: 1247958
  • Days on Market: 425 days
  • Website: https://www.raveis.com
    /prop/1247958/19riberiastreet_saintaugustine_fl?source=qrflyer
Copyright © 2024  Northeast Florida Multiple Listing Service,
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Listing courtesy of THE NEWCOMER GROUP

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

19 RIBERIA Street, Saint Augustine, FL, 32084

$1,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.250% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.360% 6.956%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,352 $9,827 $14,123
Total Monthly Payment $10,477 $9,952 $14,248

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.