$899,000 ($403.14 per sqft)

Est. Mortgage $4,605/mo *

Quick Pre-Approval

259 RIBERIA Street, Saint Augustine, FL, 32084

259 RIBERIA Street, Saint Augustine, FL, 32084

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:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

In Unit

Subdivision:

Buena Esperanza

Garage:

2-car

Heating:

Central, Electric

Cooling:

Central Air, Electric

Energy Features:

Lighting

Parking:

Garage

Acreage:

0.11

Est. Taxes:

$10,463

Current Use

Multi-Family, Residential

Construction

Block, Fiber Cement

Utilities

Electricity Connected, Sewer Connected, Water Connected

Elementary School:

Ketterlinus

Middle School:

Sebastian

High School:

St. Augustine

Appliances:

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

Pool:

None

MLS #:

2055611


Community Info

School Info

Walk Score

Yelp


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