FANTASTIC INVESTMENT OPPORTUNITY! With R-3 zoning, this property includes five separate units with short-term rental potential in a premier oceanfront location! Located on a large 50×460 lot, there is a tremendous opportunity to expand and enhance the existing structure. There are 4 1-bedroom, 1-bathroom units, two that are west facing and two that are oceanside to take in the spectacular views. The two oceanside units are townhome-style with loft bedrooms upstairs. The largest unit encompasses the majority of the second and third floors and features 4 bedrooms, 3.5 bathrooms, and is listed fully-furnished for a turn-key short term-rental home with existing history. There are multiple balconies and porches, including an expansive third floor deck providing great outdoor entertaining space! A private beach walkover takes you past the dunes. This hidden gem is just awaiting its new owner to help reach its full potential! Located within short walking distance to The Surf Restaurant & Bar. This property was built around 1950. It is around 3756 square feet which probably includes 8 bedrooms and 7 baths.
Click To View Details For This Fernandina Beach, FL ForeClosure Property
