Amelia Island: Rare "Live Local" Gem with City Access Unlock the full potential of Florida’s Live Local Act with this 1.62-acre site. Positioned in a high-barrier luxury market, this parcel allows you to bypass local density/height restrictions and access 100% tax exemptions by addressing the island's critical workforce housing shortage. The Workforce Crisis (By the Numbers) The Affordability Gap: With Fernandina Beach median home values at $669,000 and rents averaging $2,695/mo, essential workers are being priced out. Economic Strain: Over 45% of low-income renters in the region are "cost-burdened," spending more than 40% of their income on housing. Labor Shortage: Local tourism and medical sectors face a widening deficit of "attainable" units, with renter demand rising 7% year-over-year. Strategic Development Gateway Location: 579' of frontage on 8th St (A1A). Annexation Potential: Currently unincorporated for lower taxes, with the option to annex into the City of Fernandina Beach for municipal utility connections. Turnkey: Phase I complete.