1974 S Fletcher AvenueAmelia Island, FL 32034Price: $2,950,000

COMMERCIAL OCEANFRONT! FANTASTIC INVESTOR OPPORTUNITY! You can sell this lot separately or pair it with 1962 S Fletcher. See MLS 117455. This lot, along with 1974 S Fletcher, represents an incredibly rare, highly coveted opportunity on Amelia Island. Together, they form a double lot with 140 feet of OCEANFRONT WIDTH and DIRECT BEACH ACCESS along one of the Island's most prestigious coastal corridors. THE RARE ZONING: Both parcels are uniquely zoned as C-1 Commercial, which is an absolute rarity for direct OCEANFRONT land on the Island. This provides a highly flexible "mixed-use" development track--allowing you to build a boutique beachfront business, such as the 58-unit hotel previously permitted for this site. Possibilities range from a sophisticated hotel and spa to any other commercial zoning allowed by C-1 zoning! Or you can rezone it for a massive residential estate. It is along the same stretch of beach as Stephen King and John Grisham, both exceedingly successful international authors. This lot sits 16 feet above sea level, maximizing your storm protection. Building ordinances allow a 35-foot maximum height, so a stunning 3-story home, including a rooftop bar, can capture completely unobstructed panoramic views of the Atlantic Ocean. The parcels balance seaside luxury with effortless local access. Close to the 1200 acre Clinch Park and historic downtown Fernandina Beach.