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Here’s a tempting opportunity!
An Italianate-style, live-work, Victorian property in Fernandina Beach, FL, just brightened up the market for $2.4 million.
The historic structure is home to a “thriving frozen yogurt business” on the main level and houses a cozy, one-bedroom unit above. But if the frozen treat isn’t your thing, there’s also a Mexican restaurant and fudge shop nearby.
Front entry door
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First-floor retail space
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Don’t worry, the next owner won’t have to actually run the yogurt shop. But it certainly sounds like a sweet deal.
“The zoning is C-3, and that is the most flexible in terms of commercial zoning,” says listing agent Jennifer Edgington, of Summer House Realty. “The first floor is rented out to a frozen yogurt business that is separately owned from the property. Island Time Ice Cream & Frozen Yogurt is a staple within the community, and I know they would like to stay.”
Vibrant Victorian
Built in 1900, the building does still feature some period details, including an original tin ceiling and an impressive front door repurposed from a bank.
On the main floor of the 1,212-square-foot space where the frozen yogurt business operates, there are also two storage areas and a bathroom.
Living area
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Bedroom
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“The upstairs space has a very modern and fun interior,” Edgington adds. “It has a really cute vibe.”
The second level offers a 1,212-square-foot, fully furnished loft with pine floors. The bright space features a floating architectural ceiling and lots of windows that flood the space with natural light.
The open floor plan offers a living room that flows into the dining area. And a large bedroom is partitioned off with a glass wall that creates a modern look.
The layout is a bit quirky, though.
“To access the kitchen, you have to enter through the bedroom, but that could be remodeled,” Edington assures. “The current owners added a Murphy bed for additional sleeping opportunities.”
Kitchen
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Courtyard
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The cozy kitchen offers access to a covered balcony overlooking the courtyard.
“There is rear entry accessibility for both the spaces that lead out to the private courtyard with a cobblestone patio out back,” Edington notes, calling it “the most unique feature about the property.”
As for other uses for the living quarters, Edgington suggests that the upstairs area could be used as office space instead of a residential unit.
“It was previously used as an architect’s office, so there are a lot of opportunities; and with the zoning, you could extend the building for extra square footage,” she says. “The first-floor space could be retail or another type of candy store, and you could rent the upstairs out for additional income if you wanted to, as well.”
The property is conveniently situated just steps from all the action of Fernandina Beach.
“I think the next buyer will love being right downtown with all of the restaurants, holiday events, and just being in the heart of everything,” Edington predicts.
The post Sweet Deal: Live in a Historic Victorian, Perched Above a Fro-Yo Shop in Florida appeared first on Real Estate News & Insights | realtor.com®.
