For Sale
$890,000

608 14Th StFernandina Beach, FL 32034

Prime Fernandina Beach multifamily property.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a rare chance to acquire a multifamily property located at 608 N 14TH Street, Fernandina Beach, Florida, 32034. The property, built in 1945, is a one-story building encompassing a four-unit quadplex and a separate single-family unit, offering a total of five rental units. Currently tenant-occupied, this presents immediate cash flow potential. The property also includes a valuable three-car garage, providing additional income potential or storage space for tenants. The ample land surrounding the buildings offers further development possibilities. Currently zoned C1, the property is eligible for MU-8 zoning, opening doors to a wider range of redevelopment options. The asking price for this unique investment is $890,000. This property's location in the desirable Fernandina Beach area, combined with its existing rental income and redevelopment potential, makes it an attractive proposition for savvy investors seeking a strong return on investment. The property's existing structure and ample land provide a solid foundation for future growth and profitability. Serious inquiries are encouraged to explore this exciting opportunity.

Property Details for 608 14Th St

Property type
Mixed-use properties, Apartment buildings
Year Built
1945
Stories
1

Location Insight

City
Fernandina Beach
County
Nassau
State
Florida
Latitude
30.6781802
Longitude
-81.4496672
608 14Th St, Fernandina Beach, Florida

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608 14Th St
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