$835,875
$900,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,164 SqFt
SOLD DATE : 06/11/2021
Key Details
Sold Price $835,875
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,164 sqft
Price per Sqft $264
Subdivision Metes & Bounds
MLS Listing ID 1101146
Sold Date 06/11/21
Bedrooms 6
Full Baths 4
HOA Y/N Yes
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1956
Lot Dimensions 50x100
Property Description
Tremendous income-generating investment and opportunity to build value. This 4-unit oceanview, multifamily property sits on the quiet North End and offers an annual income potential of between $45,000 to $80,000+ (depending on improvements). Two bottom units are 1 bed/1 bath and top units are 2 beds/1 bath and 2 beds/2 baths. Units are rented monthly and tenants can stay or leave depending on your preference. Long term and extended stay rentals are SCARCE on Amelia Island, and property is zoned for either, giving you multiple rental options to maximize your yield. Adjacent 50 x 100 lot is for sale too (MLS #1101164) with ability to build another duplex/ multi-family, providing a RARE opportunity to have two beach rental properties in your rental portfolio that are conveniently side-by-sid
Location
State FL
County Nassau
Community Metes & Bounds
Area 430-Nassau County Beaches-North
Direction 200 North, Right on Atlantic, Left on Tarpon, Right on Dolphin, Left on North Fletcher - Building 2nd on Left, PINK 4 Plex!!
Interior
Heating Central, Heat Pump
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Wood
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Parking Lot, Unassigned
Pool None
Amenities Available Beach Access
Waterfront No
Waterfront Description Ocean Access
View Ocean
Roof Type Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Concrete
Others
Tax ID 000031134B02230000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NON MLS
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "