Compass Greater NY, LLC
Ann Marie Damashek, GRI, CBR, SRES, Compass Greater NY, LLCPhone: (917) 623-0624
Email: [email protected]

Vacation Homes on Amelia Island

by Ann Marie Damashek, GRI, CBR, SRES 06/28/2020

Image by pwemedia from Pixabay

Summer is the in-season on Amelia Island in Northeast Florida. But this popular vacation spot is enjoyable year-round, thanks to weather that ranges from mild to spectacular. A close-knit coastal community that's as charming as it is scenic holds the key to Amelia Island's reputation as a top-notch vacation spot. If you're thinking of investing in vacation property here, now is a good time to make the leap. Here's why:

The Allure of Amelia Island

Only 13 miles long and 4 miles wide, Amelia Island is a somewhat secluded sanctuary, especially during the off-seasons of spring, fall and winter. You can take the Intracoastal Highway to get there. You can also ferry across or arrive by air. This island is home to the popular Fernandina Beach, one of Florida's highest-ranked vacation spots. Famed for its world-class resorts, superior golfing, and downtown boutiques, Fernandina Beach also provides nature lovers with pristine natural areas and miles upon miles of premium beachfront access. In the off-season, the sandy shores of Fernandina are relaxingly sparse. 

Amelia Island's Housing Market

Rental properties on Amelia Island include bed & breakfasts, AirBNBs, and ocean-front condos, but there are still single-family homes available for buyers wishing to purchase a second vacation home. Prices are increasing, however, so if you're planning to buy, you may not want to wait. In 2017 the median cost of a single-family home on Amelia Island was $240K, according to Amelia Island Living eMagazine. Compare that with housing values for similar properties at the end of 2019, and you'll see a notable increase to $377K. Amelia Island, discreet though the location may be, has been discovered. Homebuyers wanting in should do so as soon as possible. 

Amelia Island as Investment Income

Owning a vacation home on this sparkling island is definitely worth the investment, as long as you buy in an area not governed by HOAs that prohibit year-round rentals. In December of 2019, beach rentals were running about $1,890 a month in Fernandina Beach. This is roughly $300 more per month than the national average, making Amelia Island a sound investment if you can find a property that's rentable and not too pricey. 

So, if you're including Amelia Island and all it has to offer in your recent home search, or if you're debating whether this area is a good investment, the answer is to come see for yourself. There's so much to see and do here, all year round, that it draws vacationers from January through December every year. Find a property that's right for you and take the plunge. Odds are good you'll never have a single regret. 

About the Author

Ann Marie Damashek, GRI, CBR, SRES

Ann Marie Damashek has always been a natural at helping people prepare their homes for sale. She started out with a successful business selling goods for people on eBay. "Nine times out of ten they were hiring me because they were down-sizing,” Ann Marie says. "So I decided to get my license. I said, ‘Might as well sell their house too.’” The transition was a smooth one and for nine years she’s had a thriving full-time real estate business that allows her to marry her entrepreneurial spirit with her passion for helping others. With an office in Larchmont, New York, she serves all of Lower Westchester County, with her primary market in the Sound Shore region. The majority of her business is "sphere of influence” with former clients referring her to friends and family. A gifted communicator, Ann Marie quickly builds trust and rapport with her clients by being both thoughtful and responsive; she understands that during the purchase or sale of a home, a quick response time is crucial. "I am very accessible,” Ann Marie says. "I always make time for my clients. They can call me, text me, email me up until 10 o’clock at night and I will respond. I’m available on weekends. I get back to people very promptly. I’m very customer service-oriented.” Her clients appreciate her professionalism, passion and enthusiasm and as a result her repeat and referral rate continues to grow each year. While selling real estate is serious business, Ann Marie knows that at times humor and a moment of levity can be a relief to clients. While she has a laidback and easygoing personality, she can be assertive when needed on her clients’ behalf. She loves being of service to them, and the continually changing nature of the work keeps her engaged and fulfilled. "It’s never boring,” Ann Marie enthuses. "Every day is different. That’s probably what I like most about it. But I also enjoy helping people sell or buy and educating them about the process. I love helping them achieve their goals.” This ethic of service has resulted in well-deserved recognition. Ann Marie has received the Westchester Magazine Five Star Real Estate Agent Rating four years running, in 2015 and 2016 she was the #1 agent in her office, and she’s a Zillow 5-Star Premier Agent. To keep in touch with former clients, Ann Marie sends cards to mark special occasions or reaches out via email. To market her listings, Ann Marie uses Multiple Listing Services (MLS), as well as, a service that allows both agents and their clients access to MLS data. She also uses a Facebook business page and ads to boost new listings or promote upcoming open houses. "That drives a tremendous amount of traffic,” Ann Marie says. She also uses the most popular real estate websites such as Zillow and Trulia. A strong believer in giving back, Ann Marie sits on the Board of Trustees of her church and is involved in a variety of social justice projects. She’s affiliated with Furniture Sharehouse, a furniture bank for Westchester County, which collects and distributes gently used furniture free of charge to those in need. "I love it on so many levels because as a realtor, it’s helps my sellers downsize through charitable donations. I like the environmental aspect of it as well. And it helps people who truly need things.” She’s also involved in Impact 100, a women’s philanthropic giving organization. In her free time, Ann Marie enjoys gardening, traveling, and spending time with family and friends. For the future, Ann Marie wants to continue expanding her business and developing her brand, and she someday hopes to grow a strong team. But her main goal is to stay in the real estate business, helping her clients to achieve their dreams.