$995,000
ACTIVE337 N FLETCHER Avenue, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
About This Home
***SELLER FINANCING NEGOTIABLE*** Four-unit ocean view multifamily on Amelia Island's quiet North End -- one block from the Atlantic. Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Summer lease expirations, MTM tenancy, and a vacant unit offer immediate flexibility to reposition or renovate. Projected pro forma income of ~$88,000 at market rents. Long-term rental inventory on Amelia Island is extremely limited. Tourism generated $1.2B in economic impact in 2023 (+21% since 2021), with operators reporting a near year-round visitor pattern. Median HHI in Fernandina Beach is $92,535; average island HHI is $135,075. Minutes from Main Beach Park, Salt Life Food Shack, and The Sandbar. Short drive to Historic Downtown Fernandina Beach. Mayport NAS ~27 miles. Baptist Medical Center Nassau 2.2 miles away. Coastal multifamily this close to the water rarely comes to market on Amelia Island.
Property Details
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Location
337 N FLETCHER Avenue, Fernandina Beach, FL 32034, Fernandina Beach
MLS ID: 20260310153139037920000000 · Listing data provided by NEFAR MLS via Spark API. Information deemed reliable but not guaranteed. Last updated May 1, 2026. Listing courtesy of MCADOO MULTIFAMILY ADVISORS LLC.