337 N FLETCHER AVE, Fernandina Beach, FL 32034
337 N FLETCHER AVE, Fernandina Beach, FL 32034
337 N FLETCHER AVE, Fernandina Beach, FL 32034
337 N FLETCHER AVE, Fernandina Beach, FL 32034
337 N FLETCHER AVE, Fernandina Beach, FL 32034
337 N FLETCHER AVE, Fernandina Beach, FL 32034
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Clay Hall

Clay Hall

Compass

+1(904) 729-5363
$ 899,000
Est. payment | /mo

6 Beds

5 Baths

3,164 SqFt

Save
$ 899,000
Est. payment | /mo
Save

6 Beds

5 Baths

3,164 SqFt

Key Details

Property Type Multi-Family, Condo, Multi Unit, Duplex/Multi Unit Lot

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,164 sqft

Price per Sqft $284

Subdivision Metes & Bounds

MLS Listing ID 2134148

Bedrooms 6

Full Baths 5

Year Built 1956

Annual Tax Amount $13,561

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Quadruplex

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Four-unit ocean view multifamily on Amelia Island's quiet North End - one block from the Atlantic. CURRENTLY AT 100% OCCUPANCY! Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Staggered lease expirations 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

State FL

County Nassau

Community Metes & Bounds

Area 430-Nassau County Beaches-North

Direction 200 North, Right on Atlantic, Left on Tarpon, Right on Dolphin, Left on North Fletcher - Building 2nd on Left, pink two-story quad.

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Wood

Laundry Common Area

Exterior

Parking Features Off Street, Parking Lot, Unassigned

Utilities Available Electricity Connected, Water Connected

View Ocean

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Cleared, Few Trees

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Concrete

New Construction No

Others

Tax ID 000031134B02230000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by MCADOO MULTIFAMILY ADVISORS LLC • STEVEN MICHAEL MCADOO

NEARBY SCHOOLS & PROPERTIES

Clay Hall

+1(904) 729-5363

clay@clayhall.com

601 A1A N, Ponte Vedra Beach, FL 32082, USA

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337 N FLETCHER AVE

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