1507 S Fletcher Ave, Fernandina Beach, FL 32034

Amazingly charming old bungalow situated on a DOUBLE FRONT LOT with TWO ADDITIONAL LOTS (separately deeded and recognized by the city) on the Western/rear side!!! Unique opportunity for the right client - Builder, Long-term Investor, or a future Family/Friends Compound! Front lot is oversized at 144' X 125 and each rear lot is 72' X 125. Many possibilities - City of Fernandina would allow a total of four homes to be built on property if the front home is torn down. Or, renovate the front house (GRANDFATHERED R-3 STR PERMIT in place) and build/hold/sell the two rear lots. This property also has a one bedroom/one bath studio apartment and a bonus room off the rear stairs. SELLER WOULD ALSO SELL REAR LOTS at $200K EACH or BOTH for $350K. Home WILL NOT be sold separately unless LOTS are sold first.