$1,100,000

Description of 4800 Amelia Island Parkway B-103, Fernandina Beach - MLS# 2161792

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.

Listing Map