$760,000
$799,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
259 Riberia St St Augustine, FL 32084
4 Beds
4 Baths
2,230 SqFt
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Multi family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,230 sqft
Price per Sqft $340
Subdivision Buena Esperanza
MLS Listing ID 245288
Sold Date 02/25/25
Style 2 Story
Bedrooms 4
Full Baths 4
HOA Y/N No
Total Fin. Sqft 2230
Year Built 2004
Annual Tax Amount $10,674
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Multi family
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!
Location
State FL
County St. Johns
Area 04
Zoning RS-3
Location Details City
Rooms
Primary Bedroom Level 2
Master Bathroom Tub/Shower Combo
Master Bedroom 2
Interior
Interior Features Ceiling Fans, Dishwasher, Microwave, Range, Refrigerator, Window Treatments, Washer/Dryer
Heating Central, Electric
Cooling Central, Electric
Flooring Tile, Wood
Exterior
Parking Features 2 Car Garage
Roof Type Metal
Building
Story 2
Water City
Architectural Style 2 Story
Level or Stories 2
New Construction No
Schools
Elementary Schools Ketterlinus Elementary
Middle Schools Sebastian Middle
High Schools St. Augustine High
Others
Senior Community No
Acceptable Financing Cash, Conv, FHA, Veterans
Listing Terms Cash, Conv, FHA, Veterans
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