$1,685,000
$1,795,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
57 S FLETCHER AVE #ABC Fernandina Beach, FL 32034
6,173 SqFt
Key Details
Sold Price $1,685,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,173 sqft
Price per Sqft $272
Subdivision City Of Fernandina Beach
MLS Listing ID 2038314
Sold Date 12/12/24
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1993
Annual Tax Amount $23,691
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 50x300x50x308
Property Description
Attention Investors! An exceptional opportunity awaits you to acquire an income-producing property in the sought-after location of Fernandina Beach, Florida. This property consists of three buildings, each housing two units. Four out of the six apartments have been completely reconditioned, including Apartment A-1, a 2-bedroom, 2-bathroom unit that has been tastefully furnished. Additionally, Apartment C-1 features a one-car garage for added convenience. The current annual income generated by these six units exceeds $150,000. All units have front patios and five units have back patios with a view of the beach.This great investment is directly across from the ocean, where public beach access is located. Newer roofs and all central air conditioning. Ample parking and great tenants! Don't miss out on the chance to own a piece of prime real estate on one of Florida's most beautiful beaches.
Location
State FL
County Nassau
Community City Of Fernandina Beach
Area 430-Nassau County Beaches-North
Direction From Atlantic, head south on S Fletcher. Apartment buildings will be on the right hand side just past the surf shop.
Interior
Heating Electric
Cooling Electric
Furnishings Partially
Exterior
Parking Features Varies by Unit
Pool None
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Beach
Garage No
Private Pool No
Building
Lot Description Irregular Lot
Story 2
Water Public
Level or Stories 2
Structure Type Frame
New Construction No
Others
Tax ID 000031102000540000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with THE MASSEY REAL ESTATE GROUP INC