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608 14Th St Fernandina Beach, FL 32034

For Sale
$890,000

Prime Fernandina Beach multifamily property.

Description

Added:
Dec 11, 2024
Days on Market:
361
This exceptional investment opportunity presents a rare chance to acquire a multifamily property located at 608 N 14TH Street, Fernandina Beach, Florida, 32034. The property, built in 1945, is a one-story building encompassing a four-unit quadplex and a separate single-family unit, offering a total of five rental units. Currently tenant-occupied, this presents immediate cash flow potential. The property also includes a valuable three-car garage, providing additional income potential or storage space for tenants. The ample land surrounding the buildings offers further development possibilities. Currently zoned C1, the property is eligible for MU-8 zoning, opening doors to a wider range of redevelopment options. The asking price for this unique investment is $890,000. This property's location in the desirable Fernandina Beach area, combined with its existing rental income and redevelopment potential, makes it an attractive proposition for savvy investors seeking a strong return on investment. The property's existing structure and ample land provide a solid foundation for future growth and profitability. Serious inquiries are encouraged to explore this exciting opportunity.

Property Features for 608 14Th St

General Information

Property type
Multifamily properties

Building Details

Year Built
1945
Stories
1

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fernandina Beach
County
Nassau
State
Florida
Longitude
-81.4496672
Latitude
30.6781802

FAQs

What type of property is this?
Multifamily property - Prime Fernandina Beach multifamily property.
Where is this multifamily property located?
The property is located at 608 14Th St Fernandina Beach, FL.
What is the asking price?
The asking price for this property is $890,000.
More about this property
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