Price Reduction - Waterfront
Address
501 Ocean AVE Fernandina Beach, FL
Price
$ 1,100,000
Property Attributes
  • MLS#1110331
  • TypePending
  • CountyNASSAU
  • CityFernandina Beach
  • AreaNassau County Beaches-North
  • NeighborhoodGeorgiaS Fdna Beach
  • Zip32034
  • StyleFour-Plex
  • Price$ 1,100,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2460
Listing Provided Courtesy Of:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Data Source:
NEFMLS
Property Description

GREAT OPPORTUNITY TO OWN A PIECE OF PARADISE ON THE OCEAN! THIS UNIQUE INCOME PROPERTY IS A FOUR PLEX, IS OCEANFRONT, HAS A CENTER COURTYARD, CONCRETE BLOCK CONSTRUCTION, ON A CORNER LOT 75 X 100, OFF STREET PARKING, ENCLOSED CARPORT, SEPERATELY METERED UTILITIES. EXPOSED BEAM CEILINGS, WITH RECENT UPGRADES TO INCLUDE FLOORS, BATHS, KITCHENS, APPLIANCES. POTENTIALS EXIST TO EXPAND THE PROPERTY AN ADDITIONAL LEVEL WHICH WOULD GIVE OCEAN VIEWS TO 2ND FLOOR TENANTS. BEACH WALKOVER IS DIRECTLY ACROSS THE STREET. SEE BREAKDOWN OF EACH UNIT IN LISTING. SQUARE FOOTAGE DEEMED CORRECT BUT BUYER SHOULD VERIFY.

Price History
5/17/2021 Listed $1,175,000
5/25/2021 7% - $1,100,000

General Features

# of Buildings 1 Building
Amenities Tile Floors, Vinyl Plank Flooring
Category Investment Income/Apartment
Cooling Window/Wall Unit
Days on Market 18
Full Baths 4
Heating Window/Wall Unit
Listing Area 430-NASSAU COUNTY BEACHES-NORTH
Lot Location Corner Lot, Urban/City
Occupancy At Closing
Possible Financing Cash, Conventional
Present Rental Terms Month to Month
Property Type E
Region 40-NASSAU COUNTY
Road Frontage City Street
Roof Built-Up, Composition
Status Pending
Stories 1 Story
Subdivision GEORGIA'S FDNA BEACH
Type Four-Plex
Utilities Cable - Available, Sep Elect Meter(s), Sep Water Meter(s), Sewer - Public, Water - Public
Virtual Tour https://app.eastcoastvtours.com/v2/501-ocean-ave-fernandina-beach-fl-32034-us-826266/unbranded
Water Heater Electric Water Heatr
Waterfront Yes
Year Built 1956

Interior Features

# of Units 4 Units
Additional Equipment Laundry on Premises
Living Area 2460.00
Major Appliances Dryer, Microwave, Range - Electric, Refrigerator, Washer
Total # Of Units 4
Total Bathrooms 4.00
Total Bedrooms 5
Unit Info: # 1 Bedroom Units 3
Unit Info: # 2 Bedroom Units 1

Exterior Features

Exterior Concrete Floor, Slab
Exterior Wall Concrete, See Remarks
Lot Description/view Flood Insurance Req., Ocean view, Regular Lot, Water Access
Navigable to Ocean No
Parking Facilities 1 Space P/Unit, Gravel, No Covered Parking, Not Assigned Parking
Pool Y/N No Pool
Road Surface Gravel Road, Rough Graded
Waterfront Descript Oceanfront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 32034

Price
AVG $510K
$1.1M
Visits
AVG 110
47
Year Built
AVG 2003
1956

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