FL > St Augustine > Buena Esperanza
St Augustine, FL 32084,259 RIBERIA ST
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St Augustine, FL 32084,259 RIBERIA ST
St Augustine, FL 32084,259 RIBERIA ST
St Augustine, FL 32084,259 RIBERIA ST
St Augustine, FL 32084,259 RIBERIA ST
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Mike Rolewicz

Mike Rolewicz

+1(904) 477-5735
$ 849,000
Est. payment /mo
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Price Dropped by $50K

259 RIBERIA ST St Augustine, FL 32084

4 Beds

4 Baths

2,230 SqFt

UPDATED:

12/20/2024 05:38 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,230 sqft

Price per Sqft $380

Subdivision Buena Esperanza

MLS Listing ID 2055611

Style Traditional

Bedrooms 4

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 2004

Annual Tax Amount $10,463

Lot Size 4,791 Sqft

Acres 0.11

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

Community Buena Esperanza

Area 322-Downtown St Augustine

Direction From US 1 Southbound, turn left onto MLK Ave, right on Riberia St, duplex is on the left across from the Shipyards.

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile, Vinyl, Wood

Furnishings Unfurnished

Laundry In Unit

Exterior

Exterior Feature Balcony

Parking Features Garage

Garage Spaces 2.0

Fence Back Yard, Wood

Pool None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Block,Fiber Cement

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Ketterlinus

Middle Schools Sebastian

High Schools St. Augustine

Others

Senior Community No

Tax ID 2118100000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by STA REALTY

Mike Rolewicz

Agent | License ID: SL3400733

+1(904) 477-5735

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259 RIBERIA ST