For sale Multi-Family Home

Listed Sep 5, 2026

$739,000 Est. $4,888/mo

2727 1st Avenue

  • 2,100

    Sq ft

The story

Just one block from the beach and nestled on a peaceful, tree-filled lot, this updated duplex offers exceptional flexibility with no HOA and no flood zone. Rent both sides for strong income potential, live in one while renting the other, or reimagine the property as a spacious single-family beach retreat. Each 1,050 sqft. unit features an open-concept living area, half bath, mud/laundry room, private fenced backyard, two upstairs bedrooms, full bath, and abundant storage. Major improvements include newer windows, HVAC systems and ductwork, exterior resurfacing and paint, hot water heater, plus interior and appliance updates. Separate utilities and city water/sewer make ownership simple and tenant-friendly. 30-day minimum rentals are allowed. Conveniently located near restaurants, shopping, and grocery stores, this is a rare opportunity to own an affordable beachside property on Amelia Island. Seller offering $5000 toward buyer closing costs or rate buydown.

Facts & features

Home type

Multi-Family Home

Year built

1980

Floors

2

Price per sq ft

$352

Included features

  • Cooling

    Central Air, Electric

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Disposal, Microwave, Refrigerator, Stove

  • Roof

    Shingle

  • Exterior

    Fence

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,888 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,933
  • Property tax $739
  • Insurance $216

Includes principal, interest, taxes & insurance.

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Listing Broker

BERKSHIRE HATHAWAY HomeServices HWREI

Broker Name

BERKSHIRE HATHAWAY HomeServices HWREI

Agent

Will Henderson

Location

Fernandina Beach FL 32034