NOT LISTED FOR SALE

1940 S Fletcher Ave Fernandina Beach, FL 32034

Amelia Island Neighborhood

Estimated Value: $2,257,000 - $2,989,000

6 Beds
4 Baths
2,520 Sq Ft
$1,005/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $2,700,000 $1,071 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $16,315/month

224 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Fernandina Beach Middle School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of August 2023

This fabulous duplex is located directly on the Amelia Island beach, this is a rare find and a must see! The LUXURY OCEANFRONT DUPLEX is an exceptional find! Excellent short term rental and TURN-KEY for the vacation home of your dreams. All furnishings are FULLY FURNISHED and well appointed, along with luxury finishes such as quartz countertops, vaulted tongue and groove ceilings, PLENTIFUL parking, expansive oceanfront deck with dining and lounging areas. Whether investment or enjoying for yourself, this is a RARE opportunity to have both! Call soon!

Last Listed By

Jenny Schaffer

SUMMER HOUSE REALTY License #3347104 Listed on: 11/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,305

Year Built

  • Built in 1971

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200
  • Ocean Front

Parking

  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rear Porch

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Miramar Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-1460-0041-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,305

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.3444
  • Lot Size: 75x200
  • Road Surface Type: Paved
  • Subdivision Name: Miramar Beach
  • Directions: Sadler to Fletcher, North onto S Fletcher at roundabout, home is on the right.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1971
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Ceiling Fan(s), Furnished, Vaulted Ceiling(s)
  • Living Area: 2520.0
  • Window Features: Aluminum Frames, Blinds, Drapes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: None
  • Disclosures: Licensed Vacation Rental
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale
  • Roof: Metal, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00-00-31-1460-0041-0000
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Aug 28, 2023
Sold by
Weilbaecher Derek E
Bought by
Potosky Donald Alexander and Potosky Donna Michelle
Seller's Agent
Jenny Schaffer
SUMMER HOUSE REALTY
Buyer's Agent
Jenny Schaffer
SUMMER HOUSE REALTY
List Price
$3,100,000
Sold Price
$2,700,000
Premium/Discount to List
-$400,000
-12.9%
Total Days on Market
224
Views
76
Current Estimated Value
$2,532,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,591
Avg. Annual Appreciation
-3.66%
Original Mortgage
$2,025,000
Outstanding Balance
$1,458,003
Interest Rate
6.96%
Mortgage Type
Balloon
Estimated Equity
$1,074,406

Purchase Details

Closed on
Oct 26, 2017
Sold by
Kuitems Frank D
Bought by
Weilbacher Derek E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2000
Sold by
Kuitems Levy Carlos A
Bought by
Kuitems Frank D

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potosky Donald Alexander $2,700,000 None Listed On Document
Weilbacher Derek E $985,000 Attorney
Kuitems Frank D $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potosky Donald Alexander $2,025,000
Previous Owner Weilbacher Derek E $689,500
Previous Owner Kuitems Frank D $75,000
Previous Owner Kuitems Frank D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $2,700,000 -9.8% $1,071 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $2,995,000 -3.4% $1,188 / Sq Ft
11/29/2022 11/29/22 For Sale $3,100,000 -- $1,230 / Sq Ft
Source: Amelia Island - Nassau County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,305 $2,089,149 $1,237,500 $851,649
2023 $27,305 $1,610,310 $1,125,000 $485,310
2022 $23,890 $1,425,446 $1,125,000 $300,446
2021 $21,748 $1,185,325 $945,000 $240,325
2020 $20,157 $1,056,807 $866,250 $190,557
2019 $19,953 $1,058,753 $866,250 $192,503
2018 $17,052 $838,981 $0 $0
2017 $15,845 $794,992 $0 $0
2016 $15,415 $737,629 $0 $0
2015 $13,794 $670,572 $0 $0
2014 $9,062 $476,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenny Schaffer

    Seller's Agent in 2023

    Jenny Schaffer

    SUMMER HOUSE REALTY

    (904) 557-4739

    342 in this area

    378 Total Sales

    Jenny Schaffer
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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 102706

APN: 00-00-31-1460-0041-0000

Florida Nassau County Fernandina Beach 32034 Amelia Island

1940 S Fletcher Ave, Fernandina Beach, FL

Homes for Sale in Fernandina Beach, FL

This home is located at 1940 S Fletcher Ave, Fernandina Beach, FL 32034 since 29 November 2022 and is currently estimated at $2,532,409, approximately $1,004 per square foot. This property was built in 1971. 1940 S Fletcher Ave is a home located in Nassau County with nearby schools including Southside Elementary School, Fernandina Beach Middle School, and Emma Love Hardee Elementary School.

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