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259 RIBERIA, St Augustine, Florida 32084 MLS 2055611For sale

259 RIBERIA, St Augustine, Florida 32084

$899,000
4 Bedrooms
4 Bathrooms
2,230 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!

Basic Details
Residential
Single Family Residence
For sale
2055611
$899,000
4
4
0
2,230 Sqft
2004
4,791.60 Sqft
Features
: Central, Electric
: Central Air, Electric
: Back Yard, Wood
Breakfast Bar,Ceiling Fan(s),Kitchen Island,Open Floorplan,Primary Bathroom - Tub with Shower,Split Bedrooms,Vaulted Ceiling(s)
Appliances
Dishwasher,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
Address Map
Country : US
State : FL
County : St. Johns
City : St Augustine
Area : Buena Esperanza
Zipcode : 32084
RIBERIA
259
Street
W82° 41' 6.4''
N29° 52' 55.9''
322-Downtown St Augustine
MLS Information
01-11-2024 23:41:33
Active
11-08-2024
Ketterlinus
St. Augustine
Traditional
Balcony
Garage
66147
SHERYL L NELSON
904-838-1111
STA REALTY
Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
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