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This versatile Amelia Island duplex delivers two vacant, income-ready units with separately fenced yards, a brand-new roof, stainless kitchens, in-unit laundry, updated baths, and clean, bright interiors that make it easy for tenants or extended-stay guests to move right in. The 2BD/2BA unit features new bedroom carpet, fresh vanities, a new walk-in shower, and updated tile in the second bath, while the 2BD/1. 5BA unit offers a comfortable, lightly updated layout with strong rental appeal. With 1, 986 heated sq ft on a private cul-de-sac lot minutes from beaches, parks, schools, greenway trails, grocery options, restaurants & island conveniences, this property sits in one of the highest-demand rental pockets on Amelia Island. Long-term rents in this area run around $1, 900-$2, 000+ per month per unit, and furnished extended-stay rentals project around $2, 600-$3, 000 per month, giving investors multiple income paths with strong occupancy potential. The property is zoned MU-1, which may allow single-family, duplex, or multi-unit residential use, along with certain low-impact personal service or studio uses such as art or photography studios, wellness or fitness instruction, tutoring, or similar appointment-based uses, as well as accessory structures, all subject to City approval and applicable development standards. Any specific use or construction should be confirmed with the City of Fernandina Beach for compliance. With no HOA restrictions, MU-1 zoning, and immediate rent-ready condition, this duplex checks every box for house-hackers, investors, or buyers seeking a solid island property with long-term value.
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$574,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $459,200 | $459,200 | $459,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $577 | $577 | $577 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,753 | $2,865 | $3,783 |
| Total Monthly Payment | $3,422 | $3,534 | $4,452 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.