Price Reduced 5.56%
Price History
$899,000
11/8/2024
$849,000
12/4/2024
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
Days on Market:
26
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
FC305063
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of STA REALTY Phone: 904-377-4782