For more information on this property,
contact Landmark Realty Inc. at 904-471-6600 or rickginn@me.com
227
Riberia St,
St Augustine,
Florida
FL
32084
Sold For: $670,000
Listing ID 227859
Status Closed
Sold Date 3/21/2023
Bedrooms 2
Full Baths 2
Total Baths 2
Price/SqFt $602.52
SqFt 1,112
Year Built 2021
Property Description:
Turn key vacation rental - everything included. "Sweert T's" is a newly Constructed Generation home in Lincolnville - Old Town St. Augustine. Take advantage of walking to all the restaurants, historic places, nightlife, attractions and festivals. A mile to Bayfront and Marina. Zoned RG1 which allows nightly rentals, currently used as an Airbnb. Only a year old, raised foundation stem wall. 2+ off street parking. Metal track Hurricane shutters. Smooth walls/8’ doors – 9’ ceilings vaulted. Hurricane & noise cancelling windows on front. City water/Sewer & Water Softener. Custom vanities. High end appliances including a wine cooler. Cozy, tiled, screened porch. Fully fenced backyard with paver patio Landscape lighting and Gas firepit and outdoor shower. Wired for a future Hot Tub.
Primary Features
Property Sub Type:
Single Family Residence
Year Built:
2021
Interior Features
2 Bedroom Size Length:
13
2 Bedroom Size Width:
13
Air Conditioning:
Central, Electric
Dining Type:
Combo
Flooring:
Vinyl
Great Room Length:
15
Great Room Width:
24
Heat:
Central, Electric, Heat Pump
Kitchen Length:
11
Kitchen Width:
9
Master Bath:
Shower Only
Master Bedroom Level:
1
Master Bedroom Size Length:
13
Master Bedroom Size Width:
13
Stories:
1
External Features
2nd Porch Length:
14
2nd Porch Width:
9
Acreage:
Less than 1/4 Acre
Construction:
Frame, Concrete Fiber Board
Entry Level:
Ground Level
Lot Size:
75X50
Parking Facilities:
Off Street
Roof:
Shingle
Screened Porch:
yes
Style:
Cottage, Craftsman, Historic, Single Family Home
Substructure:
Crawl
Additional
Additional Remarks:
All 5 Star reviews - see listing - https://abnb.me/rh88aJry3ub Comments from the owner: Sweet T’s has only been open since first of January. Sweet T Gross Revenue through 10/31/22 $29500 Airbnb $16900 VRBO $2400 Lodgify $48,800 Sweet T Bookings through 11/01/22-12/31/22 $10,870 Airbnb and VRBO Total Gross $59,670 Occupancy 58.6% Average nightly $278 Had a slower summer than expected, coming to find out that our Calendars were not syncing correctly due to a glitch in Lodgify. Ended up with a lot of blocked dates in June and July that were actually open. Average Monthly Expenses Power $100 Water/Sewer $100 Internet $100 Property Taxes $650 Supplies $150 Insurance $125 House keeping $600 Misc $50 Again, this was year one. We are at just the beginning of the rental growth chart. We have been in the STR business for 10 years and know that it’s in years 2-4 that we start maximizing income. There’s definitely potential to grow revenue in 2023. Why am I selling? I’m 65 and retiring the first in January 2023. We would like to be able to travel and explore other opportunities.
Extras:
Bedroom Downstairs, Great Room, Insulated Windows, Partial Fence
Homestead Exemption:
no
Legal Description:
GENOVAR ADDN CITY LOT 12 BLK F OR4522/890
New Construction:
no
Personal Property:
Ceiling Fans, Chandelier, Dishwasher, Disposal, Microwave, Range, Refrigerator, Window Treatments, Water Softener
Source of Measurement:
Tax Records
Waste:
Sewer
Water:
City
Location Information
Address Search Number:
227
Area:
04
Elementary:
Ketterlinus Elementary
FIPS Code:
12109
High School:
St. Augustine High
Location:
City
Middle School:
Sebastian Middle
Parcel ID:
210080-0000
Subdivision/Condo:
Genovar Addition
Financial Details
Bank/Corporate Owned:
no
CDD:
no
Condo Fees:
Sewer
HOA:
no
Listing Price/SqFt:
625
Millage Rate:
19.3368
Minimum Lease Term Source:
1 day
Price/SqFt:
602.52
Sale/Rent:
For Sale
Short Sale:
no
Tax Year:
2021
Taxes:
1951
Terms:
Cash, Conv, FHA, USDA, Veterans
Zoning Info
© 2023 St. Augustine/St. Johns Multiple Listing Service (SASJMLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing courtesy of Coldwell Banker Premier Properties World Golf Village. Data last updated: Sunday, March 26th, 2023 at 01:00:24 AM.
Contact - Listing ID 227859
Landmark Realty Inc.
6275 A1A SOUTH, STE 101
St. Augustine, FL 32080
Phone: 904-471-6600
Data services provided by IDX Broker
