Kari Sullivan
REALTOR® | Luxury Property Specialist
Phone: (123) 456-7890
Email: kari@example.com
Web: KariSullivan.com
337 N FLETCHER Avenue, Fernandina Beach, FL 32034
Metes & Bounds
$995,000
$314/sq ft
Active
About This Home
***SELLER FINANCING NEGOTIABLE***
Four-unit ocean view multifamily on Amelia Island's quiet North End -- one block from the Atlantic.
Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Summer lease expirations, MTM tenancy, and a vacant unit offer immediate flexibility to reposition or renovate. Projected pro forma income of ~$88,000 at market rents.
Long-term rental inventory on Amelia Island is extremely limited. Tourism generated $1.2B in economic impact in 2023 (+21% since 2021), with operators reporting a near year-round visitor pattern. Median HHI in Fernandina Beach is $92,535; average island HHI is $135,075.
Minutes from Main Beach Park, Salt Life Food Shack, and The Sandbar. Short drive to Historic Downtown Fernandina Beach. Mayport NAS ~27 miles. Baptist Medical Center Nassau 2.2 miles away.
Coastal multifamily this close to the water rarely comes to market on Amelia Island.
Four-unit ocean view multifamily on Amelia Island's quiet North End -- one block from the Atlantic.
Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Summer lease expirations, MTM tenancy, and a vacant unit offer immediate flexibility to reposition or renovate. Projected pro forma income of ~$88,000 at market rents.
Long-term rental inventory on Amelia Island is extremely limited. Tourism generated $1.2B in economic impact in 2023 (+21% since 2021), with operators reporting a near year-round visitor pattern. Median HHI in Fernandina Beach is $92,535; average island HHI is $135,075.
Minutes from Main Beach Park, Salt Life Food Shack, and The Sandbar. Short drive to Historic Downtown Fernandina Beach. Mayport NAS ~27 miles. Baptist Medical Center Nassau 2.2 miles away.
Coastal multifamily this close to the water rarely comes to market on Amelia Island.
Location
Features & Amenities
Interior Features
- Electric Oven
- Electric Range
- Electric Water Heater
- Refrigerator
- Flooring: Tile, Wood
Exterior Features
- Cleared
- Few Trees
- Off Street
- Parking Lot
- Unassigned
Property Details
Property Type:
Quadruplex
Year Built:
1956
Lot Size:
0.11 Acres (4,791 sq ft)
Property Tax (2025):
$13,562/year
Flooring:
Tile, Wood
MLS #:
2134148
Utilities:
Electricity Connected, Water Connected
