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Updated Duplex Near Beach
New
For Sale
$750,000

2727 1st Ave, Fernandina Beach, FL 32034

Two separately metered residences offer flexible occupancy, private outdoor space, and convenient access to coastal amenities.

Property Size1,050 SF
Price / SF$714.29
Days on Market2

Property Features for 2727 1st Ave

General Information

Standard status Active
Size 1,050 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

private fenced backyard

Building Details

Year Built 1980
Buildings 1
Listed By: Florida Coastal Team
Source: Floridacoastalteam
Added: Sep 7 Last Checked: Sep 7 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida Coastal Team

Investment Insights

Based on property information with market context.

This two-story duplex includes two 1,050-square-foot residences, each arranged with an open living area, half bath, mudroom/laundry room, two upstairs bedrooms, a full bath, and substantial storage. Both sides also feature a private fenced backyard. Recent improvements include windows, HVAC systems and ductwork, exterior resurfacing and paint, a hot water heater, interior finishes, and appliances.

The property sits one block from the beach on a wooded lot in Fernandina Beach. Separate utilities and city water and sewer support straightforward occupancy, while 30-day minimum rentals are permitted. The property is outside a flood zone and has no HOA. Restaurants, shopping, and grocery stores are nearby, and the layout can support rental of both units, owner occupancy of one side, or combination into a single residence.

Key Highlights

  • Two 1,050‑square‑foot units, each with two upstairs bedrooms and two‑and‑a‑half baths
  • One block from the beach at 2727 1st Ave, Fernandina Beach, FL 32034
  • Separate utilities with city water and sewer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Repair Shop Spa & Massage Center (Bike/Boat/Book/etc) Store Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 32034, FL

38,167
Population
21,768
Households
1.8
Avg Household Size
56
Median Age
54%
College-Educated
97%
High-School Grad
65.0 sq mi
ZIP Area
587
Density / Sq Mi
$97,756
Median Household Income
$48,467
Median Earnings
$1,399
Median Rent
$484,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences offer flexible occupancy, private outdoor space, and convenient access to coastal amenities.
Where is this duplex located?
The property is located at 2727 1st Ave Fernandina Beach, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two 1,050‑square‑foot units, each with two upstairs bedrooms and two‑and‑a‑half baths; One block from the beach at 2727 1st Ave, Fernandina Beach, FL 32034; Separate utilities with city water and sewer
More about this property
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