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259 RIBERIA STREET

For Sale
$849,000

BTC: 8.84375000

ETH: 252.67857143

-$50K (2024/12/04)
43 days
4 bds
4 ba
2,230 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential
Parking:
Driveway
Year Built:
2004
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$381
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Solid Surface Counters

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 4

  • Parking

    • Driveway

    Property

    • Levels: Two

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 2118100000

    • Zoning: RS-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,675

  • Source details

    • MLS ID: FC305063

    Other facts

    • Construction Materials: Cement Siding / Concrete

    • Foundation Details: Crawlspace

    • Laundry Features: Inside

    • Lot Features: City Lot

    • Window Features: Blinds

    • Direction Faces: West

    • Architectural Style: Traditional

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2230

    • Water Source: Public

    • Lot Size Dimensions: 44 x 112

    • Subdivision Name: BUENA ESPERANZA SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STA REALTY