• Amelia Island
  • Fernandina Beach, FL 32034
1990 S Fletcher Ave
$3,500,000 9 BD 9 BA 4,598 SF

Property Description

Truly a special one of a kind property for sale in the heart of Fernandina Beach. 6 unit complex, 3 2BR'S 2 full baths, 3 1 BR'S bedrooms 1 full bath, ZONED C-1. 5 units occupied and seller occupies at will sixth unit. Incredible ocean view with own private boardwalk to the ocean. NEW STUCCO, NEWER ROOF installed two years ago by owner, UPGRADED INTERIORS, leases in hand. STRONG ROI on daily lodging, 30 day rentals or long term leases. Ocean front lodging comps range from $350 to $550+ a night for 2BR'S and $215 - $400+ a night for 1 BR'S. Ocean front 30 day rentals comps show 8k - 15k a month for 2BR'S and 6k - 12k a month for 1BR'S. Ocean front long term leasing comps range from $3500 - 4k/month for 2BR'S and $2500 to $2800 for 1BR'S. Don't miss this opportunity!

Property Features

  •  N
  •  At Closing
  •  Tax Roll
    • Cable - Available
    • Sewer - Public
    • Water - Public
  • Exterior Features

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  •  Investment Income/Apartment
    • Concrete
    • Stucco
    • Vinyl Siding
    • Ocean view
    • Water Access
  •  2 Stories
    • > 1 Space Per Unit
    • Attached Parking
    • Gravel
  •  Paved
  •  Shingle
  •  Wood Frame
  • Interior Features

  •  Central Cooling
  •  Central Heating
  • Courtesy of Summer House Realty

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    Alex Norkus

    (904) 280-3000
    Keller Williams Jacksonville Realty