Amelia Island Real Estate Amelia Island - Real Estate There are many ways to enjoy life at Amelia Island, including living in a small town with a rich historic past, old oaks tress, charming Victorian structures and a magnificent coastal setting. Relocating to Amelia Island is an exciting idea, whether permanently, getting a second home, or just a vacation rental for a spring break or summer getaway. Amelia Island is located in the Nassau County, Florida, a place comprising Amelia City, Amelia Island, Amelia Village, Bryceville, Callahan, Fernandina Beach, Hilliard, and Yulee, seaport villages where the Atlantic Ocean is a short drive away. Amelia Island has Victorian neighborhoods, such as the Historic Fernandina Beach and classically designed homes along the Amelia River. Featuring a 50-block Historic District, Fernandina Beach is the top amelia island real estate market. Fernandina Beach is also county sit of the Nassau County, which population as of 2'000 was 57,663 people in all the county and 10,549 living in Fernandina, although as of 2004 the populations grew to 11,241 people. Fernandina has a total area of 10.7 miles, all land. This is an extension of 27.8 km. The Nassau County was founded in December 29, 1824. The housing market situated on historical areas is generally above the sales price standards, as the resale value is often higher than that of properties in common neighborhoods. At an elevation of 25 feet above the sea level (7.62 m), Fernandina Beach had 4,525 households out of which 23.8% had children under the age of 18 living with them, 49.4% were married couples living together, 11.8% had a female householder with no husband present, 35.0% were non-families, and a total of 2,941 families were residing in this historic city. The records of Fernandina Beach showed that the average household size was 2.28 and the average family size was 2.78 people. 28.5% of all households were made up of individuals and 11.3% had someone living alone who was 65 years of age or older, all of this data according to the US census of 2000 There were 25,917 housing units at an average density of 40 miles (15/km) in the Nassau County during the same period, while Fernandina Beach had 5,588 housing units at an average density of 521.5 miles (201.3 km). The average age was 43 years in Fernandina, and 38 years in all the County. The Florida Association of Realtors revealed that 248,565 homes were sold in the state during 2005. This is an increment of 2% in relation to the 242,597 homes sold the year before. Medium sales price in Florida has doubled from $115,900 in 2000, to $235,100 during 2005, this increase is 102.8 % in only 5 years. In the case of Amelia Island, particularly Fernandina Beach, the median income for a household was $40,893, and the median income for a family was $54,806, with a per capita income of $24,517. From all families, only 6.4% and 10.2% of the total Fernandina's population were below the poverty line, all of these demographics keeps Amelia Island residential real estate in a higher price bracket. Sales of homes on Amelia Island during 2005 remained strong and sales price soared, with 397 single-family homes sold. These houses were nearly 30% higher in 2005 than the year earlier fro the same period. The average price of such homes was $457,694, and the average days on the market was up to four months (121 days). In real estate terms, Amelia Island is a "location market", with a racial makeup of 81.54% White, 16.19% African American, Hispanic or Latino of any race were 2.33% of the population.0.59% Asian, 0.27% Native American, 0.06% Pacific Islander, 0.51% from other races, and 0.83% from two or more races. Because Florida keeps a continuous job growth and immigration, demand for housing all over the state is strong. For statistical purposes, Nassau County, is included in the Jacksonville Metropolitan Statistical Area, and Jacksonville finished the last quarter of 2005 with strong real estate activity. Jacksonville Metropolitan Statistical Area comprises the Nassau County, in addition to St. Johns, Clay, and Duval counties of the northeast Florida. Some of the medium sales prices in Amelia's Housing Market included Oceanfront condos sold at $630,000 and up to $831,312, and single-family homes ranging from $238,000 and up to $285,608. Amelia Island is the most northeastern island in Florida's barrier island, often referred as one of the Golden Isles of Georgia for historical connection with its bordering state. Amelia Island is popularly known worldwide for its fishing spots, beach treasure hunting, and luxury resorts, including the Amelia Island Plantation resort and the Ritz-Carlton hotel. Although the city is a vibrant tourist destination featuring outdoor recreational activities, it also has the convenience of a city, including schools, libraries, stores and local markets. Like major cities and town in Florida jobs is also a permanent growing market. |