1990 S Fletcher Ave, Fernandina Beach, FL, 32034
About This Home
AMELIA ISLAND OCEANFRONT INVESTMENT OPPORTUNITY.......6 Oceanfront Rental Units....DIRECT BEACH ACCESS by PRIVATE BEACH WALKOVER to the OCEAN....Current owner has made CONSIDERABLE IMPROVEMENTS including: New roof 2020, all new hot water heaters, windows, exterior doors, stucco, interior upgrades, Two TV's per unit, patio furniture, fixtures, etc....Unit 1 - 2 bed/2ba, Unit 2 - 1 bed/1 ba, Unit 3 - 1 bed/1 ba, Unit 4 - 2 bed/2 ba, Unit 5 - 1 bed/ 1 ba, Unit 6 - 2 bed/2 ba...The 2 bedroom units are ROOMY....SOLD with FURNISHINGS...EACH unit has WASHER & DRYER(except#3)...Each unit individually metered...3 units with OCEAN VIEWS & OPEN PATIOS, 3 units with covered patios....6 or 12 month leases....PRIVATE PARKING LOT....85 ft frontage....Near multiple restaurants & shopping....Minutes from downtown Fernandina Beach... Interior photos are of Units 4 & 3.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1946
Materials
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 8
Features
- Window features: Vinyl
- Flooring: Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Property
Details
- Parcel number: 000031146000430020
- Zoning: C-1
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Rear Porch,Covered,Open,Patio
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Lot size: 0.49 Acres
- Lot size dimensions: 200 x 85
Parking
- Parking features: Driveway,Other,See Remarks
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Nassau County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,192 | $206,304 |
| Home Insurance * | $2,199 | $26,388 |
| Property Taxes | $3,969 | $47,628 |
| Electricity | $197 | $2,366 |
| Total | $23,557 | $282,684 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Price change | $3,400,000 |
| 2026-04-02 | Listed for sale | $3,600,000 |
| 2025-07-19 | Listing removed | $2,800 |
| 2025-06-28 | Listed for rent | $2,800 |
| 2024-10-16 | Listing removed | $4,356,000 |
| 2024-05-31 | Listed for sale | $4,950,000 |
| 2024-02-28 | Listing removed | -- |
| 2024-02-07 | Listed for rent | $2,800 |
| 2023-02-01 | Listing removed | -- |
| 2023-01-02 | Price change | $3,500,000 |
| 2022-10-05 | Price change | $3,300,000 |
| 2022-07-19 | Listed for sale | $3,500,000 |
| 2016-09-28 | Sold | $750,000 |
| 2016-03-09 | Listing removed | $825,000 |
| 2015-12-01 | Listed for sale | $825,000 |
| 2015-04-11 | Listing removed | $1,200,000 |
| 2015-01-11 | Listed for sale | $1,200,000 |
| 2013-08-13 | Listing removed | $1,200,000 |
| 2012-11-15 | Listed for sale | $1,200,000 |
| 2012-10-09 | Listing removed | $1,200,000 |
| 2012-06-27 | Listed for sale | $1,200,000 |
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