This home is in Buena Esperanza, St. Augustine.

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Active·Listed today·Buena Esperanza

255 Riberia Street

St. Augustine, FL 32084

$489,000$485/sqftEst. $2,603/moMLS# 2155438

Beds

Baths

1,008

Sq Ft

1920

Built

—

Garage

Pool

About this home

Buena Esperanza

Beautifully renovated and thoughtfully updated, this charming historic cottage in the heart of Lincolnville seamlessly blends timeless character with modern comfort. Ideally located just moments from the vibrant downtown historic district of St. Augustine, you'll enjoy easy access to renowned restaurants, art galleries, boutique shopping, waterfront attractions, and convenient Trolley stops. The home is also approximately one-half mile from the Willie Galimore Recreation Center and community pool. Inviting outdoor spaces include a spacious covered front porch, perfect for relaxing and enjoying the neighborhood's historic charm, along with off-street paved parking for added convenience. Whether you're searching for a full-time residence, a weekend retreat, or an income-producing property, this home offers exceptional flexibility. With its desirable location and timeless appeal, it is perfectly suited as a primary residence, vacation getaway, or short-term rental investment.

Cost to own

Mortgage calculator

Home Price

$489,000

Down Payment: 20%

$97,800

Interest Rate: 6.49%

Loan Term

Monthly Payment

$2,470

Principal & Interest: $2,470

Est. Taxes & Insurance: $618

Estimated Total Monthly

$3,088

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, Freddie Mac PMMS via FRED). Actual payments may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.0% · 30yr$2,603

Property taxesest. at asking price, St. Johns County$651

Estimated total, before insurance$3,253/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

2025 property taxes (current owner): $4,646/yr

Estimated taxes if purchased at asking price: ~$7,800/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll, NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Flood zone not yet determined

Check the exact parcel at msc.fema.gov or ask Krista to pull it.

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Evacuation zone not yet determined

Check floridadisaster.org/knowyourzone.

Roof: Metal — year not disclosed (home built 1920)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Solar potential: ~1,738 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History