4800 Amelia Island Parkway Unit B-103, Fernandina Beach, FL 32034

$1,100,000
2
BD
2
BA
1,173
SqFt

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List Price
$1,100,000
Status
ACTIVE
MLS#
117134
Property Type
Condo
Bedrooms
2
Bathrooms
2
Living Area
1,173
Subdivision
Amelia Surf & Racquet Club

Property Description

RARE OCEANFRONT INCOME OPPORTUNITY. GROUND-FLOOR OCEANFRONT residence with DIRECT WALK-OUT ACCESS TO THE POOL, BEACH WALKWAY AND OCEAN beyond. This beautifully renovated 2BR/2BA condo delivers the combination buyers want most: a PRIME OCEANFRONT LOCATION, effortless personal enjoyment and a STRONG, PROVEN INCOME HISTORY. Offered FULLY FURNISHED and TURNKEY, the interiors were thoughtfully renovated and professionally curated with a soft coastal palette, crisp lines and refined finishes. From the living area and primary suite, enjoy views of the pool, palms and ocean with the beach just steps from your door. Equally compelling as an investment, this is ONE OF THE FEW UNITS CURRENTLY OFFERED ON THE MARKET WITH THIS LEVEL OF ESTABLISHED RENTAL PERFORMANCE, supported by a 5-STAR VRBO/AIRBNB HISTORY generating approximately $100,000 ANNUALLY. Rental income covers the property’s operating expenses and projected mortgage expense, all while allowing the owner to enjoy the property personally and participate in the unit’s long-term historical appreciation, estimated at an average of 4.2% annually. Located in gated Amelia Surf & Racquet Club near the Ritz-Carlton, golf, bike paths and historic downtown Fernandina Beach.

Additional Information

Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer
Cooling
Heat Pump
Days On Market
0
Frontage
Oceanfront, Other, See Remarks
Heating
Heat Pump
Hoa Includes
Insurance, Other, Sewer, See Remarks, Trash, Water
Living Area
1,173
Roof
Shingle
Sewer
Public Sewer
Water
Public
Year Built
1982

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 MILLER ELITE.