1990 S Fletcher Ave - Multi-Family FOR SALE


Fernandina Beach, FL 32034
$3,600,000 USD
904-261-3986
1990 S Fletcher Ave, Fernandina Beach, FL for Sale
$3,600,000 USD
Multi-Family - FOR SALE
1/46
null | Request Cap Rate

1990 S Fletcher Ave
Fernandina Beach, FL 32034


OVERVIEW

AMELIA ISLAND OCEANFRONT INVESTMENT OPPORTUNITY.......6 Oceanfront Rental Units....ZONED C-1 COMMERCIAL...DIRECT BEACH ACCESS by PRIVATE BEACHWALKOVER 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...Each unit individually metered...3 units with OCEAN VIEWS & OPEN PATIOS, 3 units with covered patios....PRIVATE PARKING LOT....85 ft frontage....Near multiple restaurants & shopping....Minutes from downtown Fernandina Beach.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$783 USD /SF

# OF UNITS

6

PRICE/UNIT

$600,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C-1

APN/PARCEL ID

00-00-31-1460-0043-0020

ASK ABOUT THIS PROPERTY

Fran HollandWatson Realty CorporationMore Info
904-261-3986

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Fran HollandWatson Realty CorporationMore Info
904-261-3986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.