NOT LISTED FOR SALE

551 S Fletcher Ave Fernandina Beach, FL 32034

Estimated Value: $716,000 - $940,000

4 Beds
3 Baths
1,876 Sq Ft
$460/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $1,415,000 $754 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $5,616/month

7 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Tile Flooring
  • Emma Love Hardee Elementary School Rated A-
  • Furnished
  • Central Heating and Cooling System

About This Home

As of November 2021

One of a kind property for sale on Amelia Island. Duplex and buildable oceanfront lot!!! You can own this fully furnished duplex on coveted South Fletcher with R-3 zoning and an active short term rental permit.. The upstairs unit is comprised of 2 bedrooms and 2 baths with unobstructed spectacular beach views. The open floorplan flows out to the covered deck where you can start your day watching the sunrise over the Atlantic Ocean or relax at night to the sound of crashing waves. The downstairs unit has an additional 2 bedrooms and 1 bathroom, but can be converted to a single family home, if desired. Walk to the beach on your own private path directly across the street. The 40 foot wide ocean front lot ALSO with R-3 designation can be kept to preserve your ocean views or you can build an additional income producing property. Come see what Amelia Island has to offer with 13 miles of pristine beaches and a historic downtown less than 30 minutes from Jacksonville Intl. Airport.

Last Agent to Sell the Property

JOSEPH CUTAJAR

FIRST COAST SOTHEBYS INTERNATIONAL REALTY License #3033524 Listed on: 09/23/2021

Last Buyer's Agent

Jenny Schaffer

SUMMER HOUSE REALTY License #3347104

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,238

Year Built

  • Built in 1967

Lot Details

  • 7,449

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Deeded access to the beach

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 000031152000040040

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Ocean City Subdivision

Recreation

  • Community Beach Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,238

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1967
  • Property Sub Type: Duplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean City
  • General Property Information Living Area2: 1876.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Furnished
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Stories Total: 2
  • Waterfront Features Deeded Beach Access: Yes
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 1876.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None
  • Waterfront Features:Ocean Front: Yes
  • Waterfront Features:Ocean Access: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Amenities: Beach Access
  • Association: Yes

Association/Amenities

  • Association Amenities:Beach Access: Yes

Lot Info

  • Parcel #: 000031152000040040

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 1, 2021
Sold by
Amelia 551 Llc
Bought by
Davis Franklin B and Davis Amelia Dunn
Seller's Agent
JOSEPH CUTAJAR
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Buyer's Agent
Jenny Schaffer
SUMMER HOUSE REALTY
List Price
$1,275,000
Sold Price
$1,415,000
Premium/Discount to List
$140,000
10.98%
Current Estimated Value
$863,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$551,415
Avg. Annual Appreciation
-11.81%
Original Mortgage
$702,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2015
Sold by
Blount Paul C and Porter Margaret R
Bought by
Amelia 551 Llc
Source: Public Records

Range of Values:

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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
Davis Franklin B $479,000 Attorney
Amelia 551 Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Franklin B $702,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $1,415,000 -- --
11/02/2021 11/02/21 Sold $1,415,000 +11.0% $754 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,275,000 -- $680 / 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 $12,238 $687,491 $408,000 $279,491
2023 $12,238 $651,231 $382,500 $268,731
2022 $11,251 $612,127 $382,500 $229,627
2021 $9,256 $499,191 $318,750 $180,441
2020 $8,535 $437,554 $270,937 $166,617
2019 $8,418 $422,819 $255,000 $167,819
2018 $7,437 $365,909 $0 $0
2017 $6,729 $337,625 $0 $0
2016 $6,263 $309,333 $0 $0
2015 $4,851 $236,584 $0 $0
2014 $4,902 $237,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JOSEPH CUTAJAR

    FIRST COAST SOTHEBYS INTERNATIONAL REALTY

  • Jenny Schaffer

    Buyer's Agent in 2021

    Jenny Schaffer

    SUMMER HOUSE REALTY

    (904) 557-4739

    329 in this area

    358 Total Sales

    Jenny Schaffer
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1132866

realMLS (Northeast Florida Multiple Listing Service)

APN: 00-00-31-1520-0004-0040

Florida Nassau County Fernandina Beach 32034

551 S Fletcher Ave, Fernandina Beach, FL

This home is located at 551 S Fletcher Ave, Fernandina Beach, FL 32034 since 23 September 2021 and is currently estimated at $863,585, approximately $460 per square foot. This property was built in 1967. 551 S Fletcher Ave is a home located in Nassau County with nearby schools including Southside Elementary School, Emma Love Hardee Elementary School, and Fernandina Beach Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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