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$2,800,000
441 S Fletcher Ave, Fernandina Beach, FL 32034
0 Beds
0 Baths
n/a sqft

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Calling all investors! Here is a rare opportunity to have a one of a kind income producing 14 unit multi-family beach complex zoned R-3. Located on almost a half acre with public beach access across the street and peek-a-boo views of the Atlantic Ocean. Six of the units with 384 sf were newly remodeled in 2019-2020 to include new HVAC, vinyl plank flooring, new bathrooms, kitchen, laundry and new roof. Four of the units are 594 sf with living, kitchen, bed/bath and four of the units with 175 sf are efficiency units with one bed/bath. Currently not being used as vacation rental, but with R3 zoning nightly vacation rental is allowed with great cash flow potential. The metal roof on the front building was replaced in 2015. As per Nassau Co property record card, the effective year built is 2000.
  • Price:
  • $2,800,000
  • Acreage:
  • 0.45
  • Year Built:
  • 1941
  • Listing ID #:
  • 97505
  • Street Address:
  • 441 S Fletcher Ave
  • City:
  • Fernandina Beach
  • State:
  • Florida
  • Postal Code:
  • 32034
  • County:
  • Nassau
  • Community:
  • Ar 3 Beaches/ Sub 1 Ocean View
  • Subdivision:
  • Ocean City
  • Listing Status:
  • Pending
  • Listing Type:
  • Multi Family
  • Building Condition:
  • Resale
  • Construction Description:
  • Block, Stucco
  • Flooring:
  • Plank, Vinyl
  • Furnished:
  • Furnished
  • Interior Features:
  • Ceiling Fan(s), Furnished, Cable Tv
  • Number Of Units:
  • 3
  • Stories:
  • 2
  • Style:
  • Two Story
  • Type Of Roof:
  • Metal
  • View:
  • Ocean
  • Windows:
  • Aluminum Frames
  • Year Built:
  • 1941
  • Conforms To Zoning:
  • R3
  • Days On Market:
  • 68
  • Originating Mls:
  • Amelia
  • Terms:
  • Cash, Conventional, Owner May Carry
  • Parking Description:
  • Other, See Remarks
  • Cooling System:
  • Central Air, Electric, Wall Unit(s)
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Central, Electric
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Coldwell Banker The Amelia Group
  • AMELIA

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