19 Riberia St Saint Augustine, FL 32084-3553
This exceptional mixed-use property, located at 19 Riberia Street in the heart of historic St. Augustine, Florida, presents a unique investment opportunity. The 26,136 square foot lot offers unparalleled potential for expansion or redevelopment. The existing 2,200 square foot building, constructed in 1940, is impeccably maintained and currently functions as a law office, providing a turnkey option for a new business. The property boasts a highly desirable corner location at the intersection of Riberia and Saragossa Streets, offering excellent visibility and accessibility. With 30 on-site parking spaces—a rare find in downtown St. Augustine—this property provides exceptional convenience for both employees and customers. Favorable zoning options allow for a wide range of development possibilities, including expansion of the existing building, the addition of outdoor seating areas, or the construction of new structures. This property's combination of location, size, building condition, and zoning flexibility makes it a truly rare gem in St. Augustine's competitive commercial real estate market. The asking price is $1,995,000. The property is a single-story building situated in St. Johns County, Florida, zip code 32084.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.