This property is zoned commercial C-1. A rare opportunity to purchase almost an acre located in the City Limits of Fernandina Beach in a very desirable location between the Amelia Island Historic District and the beach with an easy walk to parks, shopping and dining. Currently used a 5 rental spaces, fully occupied with a yearly gross income over $73,000. There is a 3 bay garage with over 800 sf and workshop/office area for additional storage and fenced back yard. Endless potential for this commercial general property include grocery, services, professional offices, recreation, art/dance studio, restaurant, retail, seasonal sales and more. Buyer to verify with city. Please do not disturb tenants.
Parking:
Other, Garage, Parking Lot
Current Use
Commercial, Multi-Family, Office, Retail, Single Family
Construction
Frame, Wood Siding
608 N 14TH Street, Fernandina Beach, FL, 32034
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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