$1,032,500
Fernandina Beach, FL 32034
MLS# 1110331
Status: Closed
5 beds | 4 baths
1 / 56
Property Description
GREAT OPPORTUNITY TO OWN A PIECE OF PARADISE ON THE OCEAN! THIS UNIQUE INCOME PROPERTY IS A FOUR PLEX, IS OCEANFRONT, HAS A CENTER COURTYARD, CONCRETE BLOCK CONSTRUCTION, ON A CORNER LOT 75 X 100, OFF STREET PARKING, ENCLOSED CARPORT, SEPERATELY METERED UTILITIES. EXPOSED BEAM CEILINGS, WITH RECENT UPGRADES TO INCLUDE FLOORS, BATHS, KITCHENS, APPLIANCES. POTENTIALS EXIST TO EXPAND THE PROPERTY AN ADDITIONAL LEVEL WHICH WOULD GIVE OCEAN VIEWS TO 2ND FLOOR TENANTS. BEACH WALKOVER IS DIRECTLY ACROSS THE STREET. SEE BREAKDOWN OF EACH UNIT IN LISTING. SQUARE FOOTAGE DEEMED CORRECT BUT BUYER SHOULD VERIFY.
Details
Maps
Contract Information
Current Price: $1,032,500
Sold Price: $1,032,500
Status: Closed
Listing Contract Date: 2021-05-16
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 501
Street Name: OCEAN
Street Suffix: Avenue
County: Nassau
State: FL
Postal Code: 32034
Subdivision Name: Georgia's Fdna Beach
MLS Area Major: 430-Nassau County Beaches-North
General Property Information
Number Of Units Total: 4
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2460
Living Area Source: Measured
Year Built: 1956
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories Total: 1
Stories: 1
Directions: 8TH ST TO ATLANTIC- EAST TO TARPON, NORTH ON TARPON TO DOLPHIN, TURN RIGHT ON DOLPHIN, THEN LEFT ON OCEAN, PROPERTY ON CORNER OF OCEAN AND E. 2ND
Public Remarks: GREAT OPPORTUNITY TO OWN A PIECE OF PARADISE ON THE OCEAN! THIS UNIQUE INCOME PROPERTY IS A FOUR PLEX, IS OCEANFRONT, HAS A CENTER COURTYARD, CONCRETE BLOCK CONSTRUCTION, ON A CORNER LOT 75 X 100, OFF STREET PARKING, ENCLOSED CARPORT, SEPERATELY METERED UTILITIES. EXPOSED BEAM CEILINGS, WITH RECENT UPGRADES TO INCLUDE FLOORS, BATHS, KITCHENS, APPLIANCES. POTENTIALS EXIST TO EXPAND THE PROPERTY AN ADDITIONAL LEVEL WHICH WOULD GIVE OCEAN VIEWS TO 2ND FLOOR TENANTS. BEACH WALKOVER IS DIRECTLY ACROSS THE STREET. SEE BREAKDOWN OF EACH UNIT IN LISTING. SQUARE FOOTAGE DEEMED CORRECT BUT BUYER SHOULD VERIFY.
List Price/SqFt: 447.15
Sold Price/SqFt: 419.72
Status Change Information
Major Change Timestamp: 2023-11-20T12:25:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-05-25T21:24:48Z
Purchase Contract Date: 2021-06-03
Close Date: 2021-08-05
Close Price: 1032500
Historical Information
Public Historical Remarks 1: # 1 Bedroom Units: 3, Lot Description-Flood Insurance Req.: Y, Number of Buildings: 1 Building, Present Rental Terms: Month to Month, Structure Slab: Y
Public Historical Remarks 2: # 2 Bedroom Units: 1, Lot Location-Urban/City: Y, Lot Description-Water Access: Y, Road Surface-Rough Graded: Y
Property Features
Appliances: Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Association Amenities: Laundry
Construction Materials: Concrete; Other
Cooling: Wall/Window Unit(s)
Flooring: Concrete; Tile; Vinyl
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Other
Parking Features: Assigned; Unassigned; Other
Pool Features: None
Possession: Negotiable
Road Surface Type: Gravel
Roof: Other
Sewer: Public Sewer
Utilities: Cable Available; Separate Electric Meters; Separate Water Meters
View: Ocean
Water Source: Public
Waterfront Features: Ocean Front
Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Last Updated: June - 05 - 2026
Information deemed reliable but not guaranteed.