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259 Riberia Street

St Augustine, FL 32084
  • $849,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 2055611
Price Reduced
UPDATED: 84 min ago
$849,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,230
    SQFT
  • $381
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic investment opportunity in the Historic Lincolnville District! This side-by-side duplex offers flexibilityrent 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!

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© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. 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 Engel & Volkers First Coast 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. Data last updated 2024-12-05T22:25:46.083.

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259 Riberia Street St Augustine, FL 32084

  • Price: $849,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 84 min ago
  • MLS #: 2055611
4
Beds
4
Baths
0
½ Baths
0.11
Acres
2,230
SQFT
$381
$/SQFT
2004
Built
Neighborhood:
Buena Esperanza
County:
St. Johns
Area:
322-DOWNTOWN ST AUGUSTINE
Elementary School:
Ketterlinus
Middle School:
Sebastian
High School:
St. Augustine
Property Description
Fantastic investment opportunity in the Historic Lincolnville District! This side-by-side duplex offers flexibilityrent 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!
Exterior Features

Architectural Style Traditional Body Type [] Construction Materials BlockFiber Cement Entry Level 1 Exterior Features Balcony Fencing Back YardWood Lot Features [] Other Structures [] Parking Features Garage Patio And Porch Features [] Pool Features None Road Surface Type Asphalt Roof Metal Spa Features [] View [] Waterfront YN No

Interior Features

Appliances DishwasherDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Flooring TileVinylWood Furnished Unfurnished Heating CentralElectric Heating YN Yes Interior Features Breakfast BarCeiling Fan(s)Kitchen IslandOpen FloorplanPrimary Bathroom - Tub with ShowerSplit BedroomsVaulted Ceiling(s) Laundry Features In Unit Rooms Total 0

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Attached Garage YN No Cdd Fee YN No Current Use Multi-FamilyResidential Dpr Eligible YN No Electric [] Green Energy Efficient Lighting Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Possession Close Of Escrow Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Security Features [] Senior Community YN No Sewer Public Sewer Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public

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


© 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. 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 Engel & Volkers First Coast 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. Data last updated 2024-12-05T22:25:46.083.

Digital Millennium Copyright Act
 
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