348 Tarpon Avenue, Fernandina Beach, FL 32034

$1,600,000

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Sold Price
$1,600,000
List Price
$1,750,000
Status
CLOSED
Days on Market
254
Closing Date
Jun 18, 2026
MLS#
113280
Subtype
Residential
Style
Two Story
Year Built
1982
Acres
0.29
Subdivision
Georgia's Fernandina Beach

Property Description

FIRST TIME ON THE MARKET! One of a kind, CBS, 6 unit townhome style, multifamily property ja short walk from the beach. All units are 2 bedroom 1.5 baths 1020SF. CURRENT RENT ROLL WELL BELOW MARKET. Individual water and electric meters, washer/dryer hookup closet in each unit. Long term tenants in place. LEASES SET TO EXPIRE SEPTEMBER 2026. Meticulously maintained by the owner who had them built. Walk to the beach, Main Beach park, Sand Bar and Salt Life restaurants. Bicycle to downtown Fernandina beach. "FARBAR AS-IS" Contract only. Can be purchased along with 342 and 344 Tarpon Avenue (MLS 112590 & MLS 112596) for a total of 10 Units. Income and expense information available to qualified buyers. NO SHORT TERM RENTAL PERMIT.

Additional Information

Financing
Cash
Property Description
Two Story
Zoning
MULTI
Flooring
Carpet, Tile
Heating
Heat Pump
Air Conditioning
Heat Pump
Stories
2
Levels
Two
Roof
Metal
Parking Features
Driveway

Listing courtesy of DIAMOND REALTY GROUP OF AMELIA.

Selling Office: SUMMER HOUSE REALTY.

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Calculator source: Real Geeks