Address: 259 Riberia Street, SAINT AUGUSTINE, FL 32084
Description
Fantastic investment opportunity in the Historic Lincolnville District! This side by side duplex offers flexibilityrent 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! Dont miss out on this versatile and profitable property!
Fantastic investment opportunity in the Historic Lincolnville District! This side by side duplex offers flexibilityrent 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! Dont miss out on this versatile and profitable property!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Private Mailbox
Fencing: Fenced, Wood
Flooring: Tile, Wood
Living Area: 2230.00
Roof: Metal
Property Information
Property Condition: Completed
Land Information
Lot Features: City Limits
Garage and Parking
Garage Spaces: 2.00
Parking Features: Driveway
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Electric
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Nestled amongst the beautiful oak trees in the historic Fullerwood Park district, this charming 1938 home offers a rare blend of historic charm and
modern living. Adorned with its classic features i
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