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EXECUTIVE SUMMARY
Downtown St. Augustine Live/Work Gem - Prime Investment! Discover an exceptional investment opportunity at 78 Riberia St,St. Augustine, FL 32084. This fully renovated multifamily duplex is ideally situated in the heart of historic downtown, offering immense potential for investors and owner-occupiers alike. Construction is solid concrete block and features central HVAC with original pine wood flooring throughout. The CL-2 zoning is ideal for a sought-after live/work arrangement, offering flexibility for residential and professional use. Enjoy the convenience of ample off-street parking, which accommodates a variety of uses within the zoning district. This property consists of two distinct apartments that have been 100% occupied since 2014.
Apartment A is a 2-bedroom, 1-bathroom unit with a private balcony overlooking Riberia Street and convenient front and rear entrances. Apartment B features 2 bedrooms and 2 bathrooms, also with front and rear access. Both units share a charming covered front porch, perfect for enjoying the vibrant downtown atmosphere. Notably, this property has no history of flooding. Located within easy walking distance of downtown's renowned shops, restaurants, and historic landmarks such as the Castillo de San Marcos and Flagler College, this location is highly desirable. The CL-2 zoning provides significant flexibility for various live/work scenarios or potential commercial ventures. Don't miss this rare chance to own a prime piece of St. Augustine real estate in a coveted downtown location. Call today to schedule your private showing and explore the possibilities!
Apartment A is a 2-bedroom, 1-bathroom unit with a private balcony overlooking Riberia Street and convenient front and rear entrances. Apartment B features 2 bedrooms and 2 bathrooms, also with front and rear access. Both units share a charming covered front porch, perfect for enjoying the vibrant downtown atmosphere. Notably, this property has no history of flooding. Located within easy walking distance of downtown's renowned shops, restaurants, and historic landmarks such as the Castillo de San Marcos and Flagler College, this location is highly desirable. The CL-2 zoning provides significant flexibility for various live/work scenarios or potential commercial ventures. Don't miss this rare chance to own a prime piece of St. Augustine real estate in a coveted downtown location. Call today to schedule your private showing and explore the possibilities!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,079,000 | Lot Size | 0.13 AC |
| Price Per SF | $346.06 | Building Size | 3,118 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1926/2013 |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | CL-2 | ||
| Price | $1,079,000 |
| Price Per SF | $346.06 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 3,118 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2013 |
| Opportunity Zone |
Yes |
| Zoning | CL-2 |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
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78 Riberia St
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