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Income-Producing Triplex Near Downtown

251 Riberia Street St Augustine, FL 32084

251 Riberia Street, St Augustine, FL, 32084
$999,990
For Sale
$999,990

Fully furnished triplex with rental income potential near downtown.

Days on Market128

Property Features for 251 Riberia Street

General Information

Standard status
Active
Property subtype
Residential / Single Family Residence

Building Details

Year Built
2015
Listing Agency Exp Realty
Listed by Carolyn Brown · License #3383107
Source Compass
Added: Mar 13 Checked: Jul 17 at 3:40 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty


Investment Insights

Based on property information with market context.

Located on Riberia Street, north of Lincolnville, this income-producing property offers an investment opportunity in historic St. Augustine. The fully furnished property includes three distinct rental units, two garages, private outdoor areas, and ample parking. Zoned for nightly rentals, the property is positioned to generate returns. The largest unit, "Family Tides," features three bedrooms and two bathrooms, situated above the garages, with a balcony overlooking the marina. The interior includes white cabinetry, granite countertops, stainless appliances, and blue hues. The primary bedroom has an en suite bath and closet space, while two additional bedrooms share a hall bath. A large, air-conditioned utility space provides room for laundry, storage, or customization. One of the garages also includes a private entrance, offering potential for conversion into a studio space. Unit B, "The Lookout," is a one-bedroom apartment with a boho-inspired aesthetic, green walls, and coral accents. A new GE washer and dryer are included. Unit C, "Déjà Blue," is a studio with navy and slate tones, rustic textures, and layered finishes, with a private, fenced backyard surrounded by tropical landscaping and a seating area. Each unit is equipped and styled with stocked kitchens, Smart TVs, bicycles, and beach chairs. New AC systems have been installed throughout. The property is located near downtown's shops, galleries, and waterfront parks, and a short drive to the beaches. This multi-unit property offers location, flexibility, and design-forward living, suitable for a short-term rental portfolio or a multi-unit property to live in and lease.

Key Highlights

  • Income‑producing property with three distinct rental units zoned for nightly rentals, ready to generate strong returns.
  • Prime location: Minutes from the waterfront and downtown St. Augustine, with easy access to shops, galleries, waterfront parks, and beaches.
  • Fully furnished and equipped units, including stocked kitchens, Smart TVs, bicycles, and beach chairs.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully furnished triplex with rental income potential near downtown.
Where is this triplex located?
The property is located at 251 Riberia Street St Augustine, FL.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: Income‑producing property with three distinct rental units zoned for nightly rentals, ready to generate strong returns.; Prime location: Minutes from the waterfront and downtown St. Augustine, with easy access to shops, galleries, waterfront parks, and beaches.; Fully furnished and equipped units, including stocked kitchens, Smart TVs, bicycles, and beach chairs.
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