259 RIBERIA ST Active

St Augustine,FL 32084

$ 849000

4 Beds

4 Baths

2230 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,230 sqft

Price per Sqft $380

Subdivision Buena Esperanza

MLS Listing ID 2055611

Style Traditional

Bedrooms 4

Full Baths 4

Year Built 2004

Annual Tax Amount $10,463

Lot Size 4,791 Sqft

Property Description

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!

Location

State FL

County St. Johns

Community Buena Esperanza

Area 322-Downtown St Augustine

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Tile,Vinyl,Wood

Laundry In Unit

Exterior

Exterior Feature Balcony

Parking Features Garage

Garage Spaces 2.0

Fence Back Yard,Wood

Pool None

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Metal

Building

Sewer Public Sewer

Water Public

Structure Type Block,Fiber Cement

New Construction No

Schools

Elementary Schools Ketterlinus

Middle Schools Sebastian

High Schools St. Augustine

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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