Ocean View Multifamily on
337 N FLETCHER Avenue, Fernandina Beach, FL 32034
Four-unit multifamily property near the Atlantic Ocean.
Type:Multifamily, Land
- Added:
- Mar 10, 2026
- Days on Market:
- 65
- Last Refresh:
- Mar 19 at 10:40 pm
Property Features for 337 N FLETCHER Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1956
Listing agent Steven McAdoo License #BK3445628
Listing office McAdoo Multifamily Advisors
Listing date Mar 10, 2026
Source Crexi
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 McAdoo Multifamily Advisors
HighLights
- Ocean view multifamily property just one block from the Atlantic Ocean on Amelia Island.
- Projected pro forma income of ~$88,000 at market rents.
- Diverse unit mix with a vacant unit, offering immediate flexibility.
- Limited long‑term rental inventory on Amelia Island.
- Strong tourism market with $1.2B economic impact in 2023.
- Close proximity to Main Beach Park, restaurants, and Historic Downtown Fernandina Beach.
Overview
This four-unit multifamily property offers ocean views and is located on the quiet North End of Amelia Island, one block from the Atlantic Ocean. The unit mix includes two 1-bedroom, 1-bathroom ground-floor units, one 2-bedroom, 1-bathroom unit, and one 2-bedroom, 2-bathroom upper unit. Summer lease expirations, month-to-month tenancy, and a vacant unit provide immediate flexibility for repositioning or renovation. The projected pro forma income is approximately $88,000 at market rents. Long-term rental inventory on Amelia Island is extremely limited. Tourism generated $1.2 billion in economic impact in 2023, a 21% increase since 2021, with operators reporting a near year-round visitor pattern. The median household income in Fernandina Beach is $92,535, and the average island household income is $135,075. The property is located minutes from Main Beach Park, Salt Life Food Shack, and The Sandbar, and a short drive to Historic Downtown Fernandina Beach. Mayport NAS is approximately 27 miles away, and Baptist Medical Center Nassau is 2.2 miles away. This coastal multifamily property is a rare find so close to the water on Amelia Island.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Fernandina Beach
- County
- Nassau
- State
- Florida
- Longitude
- -81.4313943
- Latitude
- 30.6709015
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property near the Atlantic Ocean.
Where is this quadplex located?
The property is located at 337 N FLETCHER Avenue Fernandina Beach, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Ocean view multifamily property just one block from the Atlantic Ocean on Amelia Island.; Projected pro forma income of ~$88,000 at market rents.; Diverse unit mix with a vacant unit, offering immediate flexibility.
