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1121 S 11TH St

Fernandina Beach, FL 32034
  • $1,000,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 1174485
Price Reduced
UPDATED: 43 min ago
$1,000,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 931
    SQFT
  • $1,074
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2009
County:

School Ratings & Info

Description

FANTASTIC INVESTMENT OPPORTUNITY in highly desirable area of Amelia Island. FOUR SINGLE FAMILY HOMES (1121, 1123, 1125 and 1127 S 11th St) conveniently situated side-by-side and in the heart of the island, 5 MINUTES TO BEACHES, DOWNTOWN, and SCHOOLS. Identical floorplans in all units, each with 931 sq. ft., 3 bedrooms, 2 baths, laundry room, front porch, back deck. PUBLIC WATER AND SEWER. All utilities separate and paid by tenants. OVER TEN YEARS OF RENTAL HISTORY WITH OCCUPANCY CLOSE TO 100%. Month-to-month tenants currently in three of the units at $1200/month (MARKET RENT ABOUT $1600/MONTH OR MORE)Built in 2009, these homes are "new" when compared to the predominant 1950's-1970's built investment properties common to Amelia Island, and have contemporary features such as Hardie boarding siding (done in 2020). A terrific value at $235k-$275k a piece, especially when you consider the median price for similar, single family homes sold on Amelia Island in the last 6 months is $364k.

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© 2022 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Chaplin Williams Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2022-07-05T08:27:21.877.

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1121 S 11TH St Fernandina Beach, FL 32034

  • Price: $1,000,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 43 min ago
  • MLS #: 1174485
3
Beds
2
Baths
0
½ Baths
N/A
Acres
931
SQFT
$1,074
$/SQFT
2009
Built
Neighborhood:
Metes & Bounds
County:
Nassau
Area:
40-Nassau County
Property Description
FANTASTIC INVESTMENT OPPORTUNITY in highly desirable area of Amelia Island. FOUR SINGLE FAMILY HOMES (1121, 1123, 1125 and 1127 S 11th St) conveniently situated side-by-side and in the heart of the island, 5 MINUTES TO BEACHES, DOWNTOWN, and SCHOOLS. Identical floorplans in all units, each with 931 sq. ft., 3 bedrooms, 2 baths, laundry room, front porch, back deck. PUBLIC WATER AND SEWER. All utilities separate and paid by tenants. OVER TEN YEARS OF RENTAL HISTORY WITH OCCUPANCY CLOSE TO 100%. Month-to-month tenants currently in three of the units at $1200/month (MARKET RENT ABOUT $1600/MONTH OR MORE)Built in 2009, these homes are "new" when compared to the predominant 1950's-1970's built investment properties common to Amelia Island, and have contemporary features such as Hardie boarding siding (done in 2020). A terrific value at $235k-$275k a piece, especially when you consider the median price for similar, single family homes sold on Amelia Island in the last 6 months is $364k.
Exterior Features

Building Stories 1 Story Exterior Wall Cementitious Siding Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities No Covered Parking Pool No Pool Road Surface Asphalt Road Roof Shingle Structure Wood Frame Waterfront YN No

Interior Features

Cooling Central Cooling Energy Features Heat Pump-Air Heating Central Heating Major Appliances DishwasherRange - ElectricRefrigerator

Property Features

Buildings 4+ Buildings Country Usa Current Zoning R-2 Historic Area No Legal Name Of Subdiv Metes & Bounds Lot Size 100X100 Multifamily Type FlatsMulti UnitsPatio HomeSngl Family-Detached Occupancy At Closing Square Foot Source Tax Roll Units 4 Units Utilities Sewer - PublicWater - Public

Listing courtesy of Miller Elite Llc.


© 2022 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Chaplin Williams Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2022-07-05T08:27:21.877.

Digital Millennium Copyright Act
 
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Berkshire Hathaway HomeServices Chaplin Williams Realty
5472 First Coast Hwy #1
Fernandina Beach FL, 32034