NOT LISTED FOR SALE

375 S Fletcher Ave Fernandina Beach, FL 32034

Estimated Value: $948,000 - $1,534,000

5 Beds
4 Baths
2,713 Sq Ft
$480/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $1,325,000 $488 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,912/month

174 Days on Market

Highlights

  • Ocean View
  • 1 Fireplace
  • Central Heating
  • Emma Love Hardee Elementary School Rated A-

About This Home

As of May 2023

FULLY RENOVATED OCEAN VIEW DUPLEX. DAILY/WEEKLY RENTALS ALLOWED (ZONED R3). NO HOA. NOT IN A FLOOD ZONE. This 2019 duplex was gutted and rebuilt with NEW 50-year roof, NEW electrical, NEW plumbing, NEW HVAC, NEW exterior hardy board siding, NEW landscaping and paver drive, NEW tankless Rinnai H2O heaters, all NEW SS appliances, and all NEW kitchens, baths, flooring. High end finishes abound from granite counters and gorgeous flooring (antique heart pine in upper, artisan plank tile in lower) to beachy beadboard ceilings and walls. Both units are tastefully decorated with quality coastal decor and come FULLY FURNISHED. Enjoy a no-hassle, TURN KEY investment (2021 grossed $90k with significant upside potential and 5-star online rating). PLUS ability to build a 3rd unit in back yard. Ideally situated across from pristine beaches, walking distance to dining and entertainment, and 2 miles from Amelia Island's quaint, historic downtown. An incredible and rare opportunity.

Last Agent to Sell the Property

Adele Suddes

CENTURY 21 MILLER ELITE LLC License #3436872 Listed on: 11/03/2022

CENTURY 21 MILLER ELITE LLC

Last Buyer's Agent

Tina Smith

PINEYWOODS REALTY LLC License #3392444

PINEYWOODS REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,161

Year Built

  • Built in 1937

Lot Details

  • 0.25

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,713 Sq Ft Home
  • 1 Fireplace
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • Ocean City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000031152000020050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,161

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • Property Sub Type: Duplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean City
  • General Property Information Living Area2: 2713.0
  • General Property Information Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • ViewOcean: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2713.0
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • View: Ocean
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Utilities

  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Lot Info

  • Parcel #: 000031152000020050

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Whittemore Daniel R and Smith Douglas T
Bought by
Coastal Blue Bliss Llc
Current Estimated Value
$1,301,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,500
Outstanding Balance
$1,078,737
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$223,128

Purchase Details

Listed on
Nov 3, 2022
Closed on
Jul 18, 2023
Sold by
Whittemore Daniel R
Bought by
Whittemore Daniel R and Smith Douglas T
Seller's Agent
Adele Suddes
CENTURY 21 MILLER ELITE LLC
Buyer's Agent
Tina Smith
PINEYWOODS REALTY LLC
List Price
$1,700,000
Sold Price
$1,325,000
Premium/Discount to List
-$375,000
-22.06%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.72%
Original Mortgage
$1,060,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2022
Closed on
May 26, 2023
Sold by
Gibbs Paul A
Bought by
Whittemore Daniel R
Seller's Agent
Adele Suddes
CENTURY 21 MILLER ELITE LLC
Buyer's Agent
Tina Smith
PINEYWOODS REALTY LLC
List Price
$1,700,000
Sold Price
$1,325,000
Premium/Discount to List
-$375,000
-22.06%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2018
Closed on
Jan 4, 2019
Sold by
Bryant Thomas Davis
Bought by
Gibbs Paul A
Seller's Agent
George Fussell
FERNANDINA BEACH REALTY
Buyer's Agent
George Fussell
FERNANDINA BEACH REALTY
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.73%
Original Mortgage
$276,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Coastal Blue Bliss Llc $1,060,000 South Florida Title Associates
Whittemore Daniel R $530,000 None Listed On Document
Whittemore Daniel R $1,325,000 None Listed On Document
Gibbs Paul A $325,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastal Blue Bliss Llc $1,096,500
Previous Owner Whittemore Daniel R $1,060,000
Previous Owner Gibbs Paul A $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $325,000 -- --
12/17/2023 12/17/23 Off Market $1,325,000 -- --
05/26/2023 05/26/23 Sold $1,325,000 -22.1% $488 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
11/03/2022 11/03/22 For Sale $1,700,000 +423.1% $627 / Sq Ft
01/04/2019 01/04/19 Sold $325,000 0.0% $143 / Sq Ft View Prior Sale
11/13/2018 11/13/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $325,000 -- $143 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $13,161 $987,417 $428,400 $559,017
2023 $13,161 $750,106 $401,625 $348,481
2022 $11,750 $700,772 $401,850 $298,922
2021 $10,703 $575,768 $334,875 $240,893
2020 $9,881 $506,607 $284,643 $221,964
2019 $6,530 $332,552 $267,900 $64,652
2018 $5,913 $310,547 $0 $0
2017 $5,251 $277,675 $0 $0
2016 $4,799 $233,120 $0 $0
2015 $4,346 $211,927 $0 $0
2014 $4,161 $198,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adele Suddes

    Seller's Agent in 2023

    Adele Suddes

    CENTURY 21 MILLER ELITE LLC

    (904) 253-9760

    100 in this area

    121 Total Sales

    Adele Suddes
    Section Image
  • Tina Smith

    Buyer's Agent in 2023

    Tina Smith

    PINEYWOODS REALTY LLC

    (704) 589-1965

    98 in this area

    104 Total Sales

    Tina Smith
    Section Image

  • G

    Seller's Agent in 2019

    George Fussell

    FERNANDINA BEACH REALTY

    Section Image
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1199249

realMLS (Northeast Florida Multiple Listing Service)

APN: 00-00-31-1520-0002-0050

Florida Nassau County Fernandina Beach 32034

375 S Fletcher Ave, Fernandina Beach, FL

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realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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