19 Riberia StSt. Augustine, FL 32084

Property Details for 19 Riberia St

Year built

1940

Construction

WOOD

Lot size

0.60 AC

Property size (Sq ft)

2,394 SF

Property type

Office properties

Property subtype

Office buildings

APN

205780 0000

APU

2057800000

Description

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 approach

  CAP return

  Valuation

  6%

  $428,514

  6.5%

  $395,551

  7%

  $367,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $162,816

  Geo Method

  $162,816

• Alternative Use

  Use

  Valuation

  Residential

  $490,483

  Hospitality

  $449,280

  Educational

  $373,796

  Medical

  $386,651

  Retail

  $581,460

Location Insight

City

Saint Augustine

County

St. Johns

State

Florida

Latitude

29.896

Longitude

-81.3189

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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