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!
Property Details
Price:
$899,000
MLS #:
FC305063
Status:
Active
Beds:
4
Baths:
4
Address:
259 RIBERIA STREET
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
BUENA ESPERANZA SUB
Neighborhood:
32084 – Saint Augustine
City:
SAINT AUGUSTINE
Listed Date:
Nov 8, 2024
State:
FL
Finished Sq Ft:
2,896
Total Sq Ft:
2,896
ZIP:
32084
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
2004
Schools
Interior
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Electric
Laundry Features
Inside
Exterior
Architectural Style
Traditional
Construction Materials
Cement Siding, Concrete
Exterior Features
Private Mailbox
Parking Features
Driveway
Roof
Metal
Financial
Tax Year
2023
Taxes
$10,675
Map
Community
- Address259 RIBERIA STREET SAINT AUGUSTINE FL
- SubdivisionBUENA ESPERANZA SUB
- CitySAINT AUGUSTINE
- CountySt Johns
- Zip Code32084
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Courtesy of STA REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
259 RIBERIA STREET
SAINT AUGUSTINE, FL
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