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1121 S 11TH Street

Fernandina Beach, FL 32034
  • $1,000,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 100915
Price Reduced
UPDATED: 62 min ago
$1,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2009
County:
Area:

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 rate around $1500/month.) Built in 2009, these homes are "new when compared to the predominant 1950s-1970s 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 Amelia Island Nassau County Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Chaplin Williams Realty. Data last updated: 2022-07-01T12:50:32.657.
www.chaplinwilliams.com/homes/129689503
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1121 S 11TH Street Fernandina Beach, FL 32034

  • Price: $1,000,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 62 min ago
  • MLS #: 100915
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2009
Built
Neighborhood:
Ar 4 Island
County:
Nassau
Area:
Ar 4 Island
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 rate around $1500/month.) Built in 2009, these homes are "new when compared to the predominant 1950s-1970s 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

Architectural Style One Story Construction Materials Fiber Cement Levels One Lot Size Dimensions 100X100 Parking Features Driveway Patio And Porch Features DeckFront Porch Roof Shingle Window Features Aluminum FramesBlindsDrapes

Interior Features

Cooling Central AirElectricHeat Pump Cooling YN Yes Flooring Vinyl Heating CentralElectricHeat Pump Heating YN Yes Interior Features Ceiling Fan(S)Cable Tv

Property Features

Association YN No Listing Terms CashConventional Pool Features None Property Condition Resale Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Utilities Cable Available Water Source Public Zoning R-2

Listing provided courtesy of Adele Suddes of Century 21 Miller Elite.


© 2022 Amelia Island Nassau County Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Chaplin Williams Realty. Data last updated: 2022-07-01T12:50:32.657.
 
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Berkshire Hathaway HomeServices Chaplin Williams Realty
5472 First Coast Hwy #1
Fernandina Beach FL, 32034