Exceptional investment opportunity in the heart of downtown St. Augustine! This fully renovated 4-plex is zoned for nightly rentals, offering tremendous income potential in one of Florida's most sought-after historic destinations. The property features four updated units, including two spacious 2-bedroom, 2-bath units and two well-appointed 1-bedroom, 1-bath units. All units have been renovated and are equipped with newer HVAC systems and propane tankless water heaters, providing modern comfort and efficiency for tenants or guests. Ideally located just steps from popular local destinations including The Ice Plant and St. Augustine Fish Camp, and within easy walking distance of shopping, dining, entertainment, and all the attractions that make downtown St. Augustine a year-round destination. The sale also includes the adjacent parcel at 179 Riberia Street, featuring a large garage/storage building and a multi-unit laundry facility.
Continue utilizing the additional storage and laundry amenities, or explore the potential redevelopment opportunity. The site may offer the possibility of removing the existing storage structure and constructing a second 4-plex, potentially doubling your income-producing capacity (buyer to verify all zoning, permitting, and development requirements). The property is currently leased on a long-term basis; however, all leases have transitioned to month-to-month, providing maximum flexibility for an investor seeking to implement a short-term rental strategy or reposition the asset to maximize returns. Whether you're looking for a turnkey income property, a short-term rental portfolio addition, or a future development opportunity, this unique downtown St. Augustine offering checks all the boxes. Contact listing agent to schedule showings. All 4 units are rented so please allow for some time and flexibility as showings will need to be coordinated with all 4 sets of tenants. Showings will begin June 16th.
Multi-familyProperty Type
1926Year Built
Listed by Ian Hyde• Century 21 St Augustine Properties
Lincolnville, located between King Street and Martin Luther King Avenue, is a historic and residential St. Augustine neighborhood with Victorian-era cottages and a walkable street grid. The neighborhood’s character concentrates around the intersection of Martin Luther King Avenue and West King Street, where galleries, coffee counters, and small restaurants set a steady, street-level rhythm. Flagler College’s Lewis House and the Lincolnville Museum and Cultural Center ground the area’s cultural memory. Painted wood-frame homes, pocket gardens, and brick sidewalks shape the streetscape. Foot traffic drifts toward downtown plazas while remaining rooted on quieter blocks. The setting feels architectural and lived-in, with porches facing the street and shade trees softening the heat.
Provided by Walk Score and Local Logic
Offer insights
177 Riberia St · $1,750,000
$1.75M and above
75% chance or better to win
Why $1.75M+ is a strong offer
DAYS ON MARKET
88 days
The average home goes pending in 52 days.
SALE-TO-LIST
102.2%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fan
Window treatments
Furnished
Shopping nearby
Bedrooms
Unit A: 1 bedroom
Unit B: 1 bedroom
Unit C: 2 bedrooms
Unit D: 2 bedrooms
Bathrooms
Unit A: 1 bathroom
Unit B: 1 bathroom
Unit C: 2 bathrooms
Unit D: 2 bathrooms
Kitchen
Full kitchen in Unit A
Kitchenette in Unit B
Full kitchens with balconies in Units C and D
Dishwasher
Garbage disposal
Microwave
Range
Refrigerator
Kitchen equipment included
Laundry & utility
Laundry facilities
Garage (included/available for use)
Heating & cooling
Central heating
Electric heating
Heat pump
Central air conditioning
Electric air conditioning
Exterior features
Marsh view
Water view
Regular lot
Home design
Multi-unit property with 4 units
Entry levels include ground level and 2nd story
Parking
Garage parking
Construction
Stucco construction
Other construction materials
Utilities
City water
Septic waste
Financial info
Unit A rent: $1,600
Unit B rent: $1,400
Unit C rent: $2,200
Unit D rent: $2,100
Electricity and solar
View estimated energy costs and solar savings for this home
St. Augustine and St. Johns County Board of REALTORS® #262794
Jun 9, 2026
Listed
$1,750,000
St. Augustine and St. Johns County Board of REALTORS® #230201
May 9, 2023
Sold
$1,625,000
May 9, 2023
Delisted
—
Mar 27, 2023
Contingent
—
Mar 2, 2023
Price Changed
$1,680,000
Feb 8, 2023
Listed
$1,690,000
+45
Located just blocks from downtown historic St. Augustine, this wonderfully kept income producing AirBnB fourplex provides location, privacy, pristine views, and convenience! This lovingly restored Lincolnville property is truly a turnkey “set it and forget” it investment with future bookings galore as well as a solid booking history during current owners stewardship. All of the major components to the home including the windows, AC units, heaters, tankless hot water heaters, plumbing, electrical, fully redesigned kitchens/bedrooms/bathrooms allowing for stress free ownership for the near future. All of these units come fully furnished and include all of the on hand inventory within each of the units!
Ground floor units (A & B in pictures) are spaciously laid out one bed, one bath setups providing a roomy vibe with private bathrooms and updated space thru out. 2nd story units (C & D in pictures) are truly the eye catchers of the property, in that both units are 2 story loft style units! On the entry level you have wonderfully restored kitchens, living areas and full baths. Take the stairs up to the second story of the units and you’ll have a private bedroom with full bath with all natural wood flooring and wood slatted ceilings, providing for a level of comfort that can’t be paralleled. In addition to the spacious lot the fourplex resides upon, it also includes a second parcel (179 Riberia) that includes a 750 sq ft shed that allows for storage, owners unit/lockout or would work as additional space should you decide the shed is not for you (storage shed being sold “as is”). Lots of options for what this second parcel could have done to it! In addition to the shed/second lot there are also 2 additional storage sheds to the rear of the property that would be perfect for bike storage or additional items needing to be utilized on site. Also the property contains on site assigned parking for each unit keeping it in compliance with downtown requirements for short term rentals.
realMLS #1212529
May 9, 2023
Sold
$1,625,000
Apr 26, 2023
Pending
—
Mar 27, 2023
Contingent
—
Mar 2, 2023
Price Changed
$1,680,000
Feb 8, 2023
Listed
$1,690,000
+52
Located just blocks from downtown historic St. Augustine, this wonderfully kept income producing AirBnB fourplex provides location, privacy, pristine views, and convenience! This lovingly restored Lincolnville property is truly a turnkey ''set it and forget'' it investment with future bookings galore as well as a solid booking history during current owners stewardship. All of the major components to the home including the windows, AC units, heaters, tankless hot water heaters, plumbing, electrical, fully redesigned kitchens/bedrooms/bathrooms allowing for stress free ownership for the near future. All of these units come fully furnished and include all of the on hand inventory within each of the units! Ground floor units (A & B in pictures) are spaciously laid out one bed, one bath setups providing a roomy vibe with private bathrooms and updated space thru out. 2nd story units (C & D in pictures) are truly the eye catchers of the property, in that both units are 2 story loft style units! On the entry level you have wonderfully restored kitchens, living areas and full baths. Take the stairs up to the second story of the units and you'll have a private bedroom with full bath with all natural wood flooring and wood slatted ceilings, providing for a level of comfort that can't be paralleled. In addition to the spacious lot the fourplex resides upon, it also includes a second parcel (179 Riberia) that includes a 750 sq ft shed that allows for storage, owners unit/lockout or would work as additional space should you decide the shed is not for you (storage shed being sold "as is"). Lots of options for what this second parcel could have done to it! In addition to the shed/second lot there are also 2 additional storage sheds to the rear of the property that would be perfect for bike storage or additional items needing to be utilized on site. Also the property contains on site assigned parking for each unit keeping it in compliance with downtown requirements for short term rentals. - - - - - - - - private showing!
realMLS #1185476
Dec 31, 2022
Listing Removed
—
Oct 10, 2022
Price Changed
$1,695,000
Oct 7, 2022
Relisted
—
Sep 12, 2022
Contingent
—
Aug 8, 2022
Listed
$1,750,000
St. Augustine and St. Johns County Board of REALTORS® #2
Oct 10, 2022
Price Changed
$1,695,000
St. Augustine and St. Johns County Board of REALTORS® #1
Jul 22, 2022
Price Changed
$1,750,000
realMLS #1174770
Jul 28, 2022
Listing Removed
—
Jul 22, 2022
Price Changed
$1,750,000
Jun 12, 2022
Listed
$1,800,000
realMLS #1116027
Aug 23, 2021
Sold
$895,000
Jul 15, 2021
Pending
—
Jun 25, 2021
Contingent
—
Jun 16, 2021
Listed
$895,000
realMLS #1010991
Dec 14, 2019
Listing Removed
—
Aug 14, 2019
Listed
$545,000
realMLS #646845
May 31, 2013
Sold
$300,000
Dec 19, 2012
Listed
$365,000
St. Augustine and St. Johns County Board of REALTORS® #137031
May 16, 2013
Sold
$300,000
Jun 1, 2012
Listed
$399,000
Public Records
Jul 18, 2011
Sold
$85,400
Public Records
Mar 8, 2002
Sold
$261,000
Public Records
Feb 29, 1996
Sold
$18,000
Year
Property tax
Land + Additions
Assessment*
2025
$13,860 (+6.4%)
$184,500 + $512,414
$696,914
2024
$13,025 (+9.7%)
$184,500 + $512,414
$696,914
2023
$11,873 (+8.4%)
$164,000 + $452,861
$616,861
2022
$10,954 (+81.6%)
$149,240 + $417,181
$566,421
2021
$6,031 (+9.3%)
2020
$5,516 (−0.9%)
$106,600 + $166,059
$272,659
2019
$5,564 (+3.5%)
$106,600 + $160,865
$267,465
2018
$5,377 (+14.1%)
$106,600 + $160,865
$267,465
2016
$4,711 (+6.0%)
$76,875 + $154,543
$231,418
2015
$4,446 (+13.0%)
$61,500 + $157,340
$218,840
2014
$3,933
Public record
Public record
Zoning
Beds
6
Baths
6
Stories
2
Lot width
50 ft.
Lot depth
76 ft.
Lot size
3,485 Sq. Ft.
Year renovated
2005
Finished Sq. Ft.
2,872
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,872
Year built
1926
Style
Single Family Residential
County
St. Johns County
APN
2066600000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
RG-1
Residential, General-One District
This district is intended to apply to those neighborhoods designated for multiple-family dwellings and uses, as well as those nonresidential uses compatible and complementary with medium density residential uses, so as to create and maintain a medium intensity residential character.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Recreation
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Saint Augustine, FL • 32084
Average low and high temperatures (°F)
63
44
69
50
75
57
79
63
86
71
89
74
90
76
89
76
85
75
79
68
75
59
68
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 177 Riberia St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $732,500 and $1,815,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $733K to $1.8M.