337 N FLETCHER Avenue, Fernandina Beach, FL, 32034
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Roof: Shingle
- Construction materials: Concrete
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Electric Oven,Electric Range,Electric Water Heater,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Wall/Window Unit(s)
Interior Area
- Total interior livable area: 3,164 sqft
Property
Details
- Parcel number: 000031134B02230000
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Lot size: 4,791 sqft
- Features: Cleared,Few Trees
Parking
- Parking features: Off Street,Parking Lot,Unassigned