Four-unit ocean view multifamily on Amelia Island's quiet North End - one block from the Atlantic.
CURRENTLY AT 100% OCCUPANCY!
Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Summer lease expirations and MTM tenancy 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.
Active
Price cut: $46K (5/10)
$949,000
337 N FLETCHER Avenue, Fernandina Beach, FL 32034
6beds
3,164sqft
Quadruplex
Built in 1956
-- sqft lot
$870,100 Zestimate®
$300/sqft
$-- HOA
What's special
Ocean view
- 133 days |
- 1,191 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
STEVEN MICHAEL MCADOO 904-574-7400,
MCADOO MULTIFAMILY ADVISORS LLC 904-574-7400
Source: realMLS,MLS#: 2134148
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Features
- Flooring: Tile, Wood
Interior area
- Total interior livable area: 3,164 sqft
Property
Parking
- Parking features: Off Street, Parking Lot, Unassigned
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 4,791 Square Feet
- Features: Cleared, Few Trees
Details
- Parcel number: 000031134B02230000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: Metes & Bounds
Location
- Region: Fernandina Beach
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $732,025
- Annual tax amount: $13,561
- Date on market: 3/10/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
Estimated market value
$870,100
$827,000 - $914,000
$2,465/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2026 | Price change | $949,000-4.6%$300/sqft |
Source:  realMLS #2134148 Report a problem | ||
| 3/10/2026 | Listed for sale | $995,000+19%$314/sqft |
Source: realMLS #2134148 Report a problem | ||
| 6/11/2021 | Sold | $835,875-7.1%$264/sqft |
Source: realMLS #1101146 Report a problem | ||
| 5/19/2021 | Pending sale | $900,000$284/sqft |
Source:  AINCAR #94392 Report a problem | ||
| 4/14/2021 | Listing removed | -- |
Source: AINCAR Report a problem | ||
| 3/24/2021 | Listed for sale | $900,000$284/sqft |
Source: AINCAR #94392 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,094 +6.5% | $706,452 +10% |
| 2023 | $12,293 +14.5% | $642,229 +10% |
| 2022 | $10,731 +46.3% | $583,845 +51.4% |
| 2021 | $7,333 +3.8% | $385,725 +7.6% |
| 2020 | $7,062 +5.2% | $358,391 +10% |
| 2019 | $6,713 | $325,810 +1.2% |
| 2018 | $6,713 +2.5% | $322,101 -27.8% |
| 2017 | $6,547 -23.6% | $445,958 +16.3% |
| 2016 | $8,564 +10% | $383,315 +10% |
| 2015 | $7,787 +9% | $348,468 -1.8% |
| 2014 | $7,146 | $354,945 +33.4% |
| 2013 | -- | $265,991 -18.8% |
| 2012 | -- | $327,418 -3.1% |
| 2011 | -- | $338,019 -5.3% |
| 2010 | -- | $356,848 -15.5% |
| 2009 | -- | $422,427 -14.9% |
| 2008 | -- | $496,486 -3.1% |
| 2007 | -- | $512,406 +16.7% |
| 2006 | -- | $439,068 +15.5% |
| 2005 | -- | $380,100 +53.6% |
| 2004 | -- | $247,482 +27.7% |
| 2003 | -- | $193,799 +3.2% |
| 2002 | -- | $187,789 +23.7% |
| 2001 | -- | $151,762 +20.2% |
| 2000 | -- | $126,286 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32034
Nearby schools
GreatSchools rating
- 6/10Fernandina Beach High SchoolGrades: PK,3,8-12Distance: 1.1 mi
- 10/10Fernandina Beach Middle SchoolGrades: 6-8Distance: 0.9 mi
- NASouthside Elementary SchoolGrades: PK-2Distance: 1.8 mi
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