337 N FLETCHER Avenue Fernandina Beach, FL 32034

Tremendous income-generating investment and opportunity to build value. This 4-unit ocean view, multifamily property sits on the quiet North End and offers an annual income potential of between $45,000 (without improvements) to $80,000+ (with improvements). Two bottom units are one bed/one bath and top units are two beds/1 bath and two beds/two baths. All units are rented on month-to-month basis and tenants are prepared to stay or leave depending on your preference. Long term and extended stay rentals are EXTREMELY scarce on Amelia Island, and this property is zoned for either, giving you multiple rental options to maximize your yield. Adjacent 50 x 100 lot is also for sale (MLS #94393) with ability to build another duplex or multi-family, giving you the rare chance to increase your rental portfolio with two solid, in-demand beach rental properties that are conveniently located side-by-side.