337 N FLETCHER Avenue, Fernandina Beach, FL 32034 (MLS# 2134148)

337 N FLETCHER Avenue, Fernandina Beach, FL 32034

$949,000

Property Type: Residential Income Bedrooms: 6 Baths: 5 Square Footage: 3,164 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $949,000 List Date: 3/10/2026 Last Modified: 6/16/2026

Overview

Description

Four-unit ocean view multifamily on Amelia Island's quiet North End - one block from the Atlantic. CURRENTLY AT 100% OCCUPANCY! Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Summer lease expirations and MTM tenancy offer immediate flexibility to reposition or renovate. Projected pro forma income of ~$88,000 at market rents. Long-term rental inventory on Amelia Island is extremely limited. Tourism generated $1.2B in economic impact in 2023 (+21% since 2021), with operators reporting a near year-round visitor pattern. Median HHI in Fernandina Beach is $92,535; average island HHI is $135,075. Minutes from Main Beach Park, Salt Life Food Shack, and The Sandbar. Short drive to Historic Downtown Fernandina Beach. Mayport NAS ~27 miles. Baptist Medical Center Nassau 2.2 miles away. Coastal multifamily this close to the water rarely comes to market on Amelia Island.

Listing Details MLS# 2134148

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 4
Bedrooms Total: 6
Bathrooms Total: 5
Bathrooms Full: 5
Living Area: 3164
Accessibility Features YN: No
New Construction YN: No
Year Built: 1956
Garage YN: No
Carport YN: No
Lot Size Acres: 0.11
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Directions: 200 North, Right on Atlantic, Left on Tarpon, Right on Dolphin, Left on North Fletcher - Building 2nd on Left, pink two-story quad.
Public Remarks: Four-unit ocean view multifamily on Amelia Island's quiet North End - one block from the Atlantic. CURRENTLY AT 100% OCCUPANCY! Diverse unit mix: (2) 1BD/1BA ground-floor + (1) 2BD/1BA and (1) 2BD/2BA upper units. Summer lease expirations and MTM tenancy offer immediate flexibility to reposition or renovate. Projected pro forma income of ~$88,000 at market rents. Long-term rental inventory on Amelia Island is extremely limited. Tourism generated $1.2B in economic impact in 2023 (+21% since 2021), with operators reporting a near year-round visitor pattern. Median HHI in Fernandina Beach is $92,535; average island HHI is $135,075. Minutes from Main Beach Park, Salt Life Food Shack, and The Sandbar. Short drive to Historic Downtown Fernandina Beach. Mayport NAS ~27 miles. Baptist Medical Center Nassau 2.2 miles away. Coastal multifamily this close to the water rarely comes to market on Amelia Island.
List Price/SqFt: 299.94
Bathrooms Half: 0

Property Features

Appliances: Electric Oven; Electric Range; Electric Water Heater; Refrigerator Construction Materials: Concrete Cooling: Central Air; Wall/Window Unit(s) Current Use: Investment; Multi-Family; Residential Flooring: Tile; Wood Heating: Central Laundry Features: Common Area Listing Terms: Cash; Conventional Lot Features: Cleared; Few Trees Owner Pays: Sewer; Water Parking Features: Off Street; Parking Lot; Unassigned Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Sewer: Public Sewer Tenant Pays: Electricity Utilities: Electricity Connected; Water Connected View: Ocean Water Source: Public

Contract Information

Listing Contract Date: 2026-03-10
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 337
Street Direction Prefix: N
Street Name: FLETCHER
Street Suffix: Avenue
County: Nassau
State: FL
Postal Code: 32034
Subdivision Name: Metes & Bounds
MLS Area Major: 430-Nassau County Beaches-North

Status Change Information

Major Change Timestamp: 2026-05-10T22:49:34Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-10T22:49:34Z

Currently Not Used

Property Attached YN: No
yn11: No
Accessory Dwelling Unit Y/N: No

More Information

Unit 1 Details

Unit ID: Yes
Actual Rent: 1200
Unit SqFt: 600
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: expires 07/31/2026

Unit 2 Details

Unit ID: 2
Actual Rent: 1400
Unit SqFt: 600
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: MTM

Unit 3 Details

Unit ID: 3
Actual Rent: 1600
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: expires 04/30/2027

Unit 4 Details

Unit ID: 4
Actual Rent: 1750
Unit SqFt: 1200
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: expires 05/31/2026

Location, Tax, and Legal

Country: US
Parcel Number: 000031134B02230000
Tax Annual Amount: 13561.82
Tax Year: 2025
Tax Legal Description: LOT 223 IN OR 2470/419 BEING PT OF PARCEL 2 GA FDN

Appliances

Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Refrigerator: Yes

Construction Materials

Concrete: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Current Use

Investment: Yes
Multi-Family: Yes
Residential: Yes

Flooring

Tile: Yes
Wood: Yes

Heating

Central: Yes

Laundry Features

Common Area: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes
Few Trees: Yes

Owner Pays

Sewer: Yes
Water: Yes

Parking Features

Off Street: Yes
Parking Lot: Yes
Unassigned: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Electricity: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes

View

Ocean: Yes

Water Source

Public: Yes

Listing Office: MCADOO MULTIFAMILY ADVISORS LLC

Last Updated: June - 16 - 2026

Information deemed reliable but not guaranteed.

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