57 S FLETCHER Avenue ABC
Fernandina Beach, FL 32034
MLS# 2038314
Status:
Closed
Property DescriptionAttention 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.
Unit Number: ABC
Country: US
Parcel Number: 000031102000540000
Tax Annual Amount: 23691.63
Tax Year: 2023
Tax Legal Description: LOT 54 AMELIA LIGHTHOUSE RESERVATION PB 2/24
Lot Size Acres: 0.34
Bathrooms Half: 0
Lot Size Dimensions: 50x300x50x308
Living Area: 6173
CDD Fee YN: No
Directions: From Atlantic, head south on S Fletcher. Apartment buildings will be on the right hand side just past the surf shop.
Public Remarks: 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.
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Furnished: Partially
Stories: 2
Stories Total: 2
Water Body Access YN: No
List Price/SqFt: 290.78
Sold Price/SqFt: 272.96
Year Built: 1993
Dishwasher: 1
Electric Range: 1
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Current Price: $1,685,000
Sold Price: $1,685,000
Status: Closed
Listing Contract Date: 2024-07-22
Property Sub Type: Multi Family
Street Number: 57
Street Direction Prefix: S
Street Name: FLETCHER
Street Suffix: Avenue
Postal Code: 32034
Subdivision Name: City Of Fernandina Beach
MLS Area Major: 430-Nassau County Beaches-North
Major Change Timestamp: 2024-12-13T19:02:23Z
Major Change Type: Status Change
Purchase Contract Date: 2024-09-30
Close Date: 2024-12-12
Appliances: Dishwasher; Electric Range; Refrigerator
Construction Materials: Frame
Listing Terms: Cash; Conventional
Lot Features: Irregular Lot
Parking Features: Varies by Unit
Possession: Close Of Escrow
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Listing Office: THE MASSEY REAL ESTATE GROUP INC
Last Updated: March - 07 - 2025
Information deemed reliable but not guaranteed.
