$2,700,000
$2,800,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
441 S FLETCHER Avenue Fernandina Beach, FL 32034
0.45 Acres Lot
Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean City
MLS Listing ID 97505
Sold Date 02/24/22
Style Two Story
Originating Board AMELIA
Year Built 1941
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 0.4545
Property Description
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.
Location
State FL
County Nassau
Area Ar 3 Beaches, Sub 1 Ocean View
Zoning R3
Direction Atlantic Ave to S Fletcher, 441 is on the west side of Fletcher Ave.
Interior
Interior Features Ceiling Fan(s), Furnished, Cable TV
Heating Central, Electric
Cooling Central Air, Electric, Wall Unit(s)
Flooring Plank, Vinyl
Furnishings Furnished
Window Features Aluminum Frames
Exterior
Pool None
Utilities Available Cable Available
View Y/N 1
View Ocean
Roof Type Metal
Parking Type Other, See Remarks
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
Others
Tax ID 00-00-31-1520-0003-0030
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Conventional
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Bought with COLDWELL BANKER THE AMELIA GROUP