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$1,325,000
57 S Fletcher Ave, Fernandina Beach, FL 32034
0 Beds
0 Baths
n/a sqft

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Investment / Commercial Opportunity! Expand the current OCEAN VIEW complex or build new. Small, well maintained apartment complex encompasses the laid back SALT LIFE life style of Amelia Island & Fernandina Beach! Gross Income has DOUBLED in the last 8 years! Just steps to the beach, Sandbar Restaurant, Putt Putt, Oceanfront park and playground, Salt Life Restaurant... the list goes on.! Ocean views from upstairs units. Enjoy beach combing, surfing, biking, dolphin and turtle watching; you name it. All units rented with <one year remaining on the lease. All tenants would like to continue to rent, they are prepared to move with a 60 day notice. Each apartment is unique. One unit even has a garage! This parcel is one of three being offered as a total package for $3,000,000. All zoned C-1 for development. Total land area 1.65 Acres. 250' Ocean view. See MLS 85988 & 85987 for more information. This parcel will not be sold individually unless others are sold first
  • Price:
  • $1,325,000
  • Acreage:
  • 0.34
  • Year Built:
  • 1993
  • Listing ID #:
  • 85952
  • Street Address:
  • 57 S Fletcher Ave
  • City:
  • Fernandina Beach
  • State:
  • Florida
  • Postal Code:
  • 32034
  • County:
  • Nassau
  • Community:
  • Ar 3 Beaches/ Sub 1 Ocean View
  • Subdivision:
  • Amelia Lighthouse Reservation
  • Listing Status:
  • Active
  • Listing Type:
  • Multi Family
  • Building Condition:
  • Resale
  • Construction Description:
  • Frame
  • Exterior Features:
  • Other, See Remarks
  • Flooring:
  • Carpet, Laminate, Tile, Vinyl, Wood
  • Interior Features:
  • Ceiling Fan(s), Other, See Remarks, Storage, Cable Tv
  • Number Of Units:
  • 6
  • Patio Description:
  • Balcony, Rear Porch, Covered, Deck, Front Porch, Open, Other, Patio, See Remarks
  • Stories:
  • 2
  • Style:
  • Two Story
  • Type Of Roof:
  • Shingle
  • View:
  • Ocean
  • Windows:
  • Aluminum Frames, Wood Frames, Blinds
  • Year Built:
  • 1993
  • Gross Income:
  • 98100
  • Conforms To Zoning:
  • C-1
  • Lot Frontage:
  • Other, See Remarks
  • Community Features:
  • Marina
  • Days On Market:
  • 495
  • Originating Mls:
  • Amelia
  • Previous Listing Price:
  • 1050000
  • Terms:
  • Cash, Conventional, Fha
  • Parking Description:
  • Other, See Remarks
  • Cooling System:
  • Central Air, Electric, Heat Pump
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Central, Electric
  • Sewage Type:
  • Public Sewer, Septic Tank
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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: Berkshire Hathaway Homeservices Cwrei
  • AMELIA

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