For a 3-bed, 2-bath, 1,614 sqft single-family home in Fernandina Beach, the rent potential is solidly in the $2.4K–$3K/month range, with comps and market data supporting this bracket. Annual revenue could hit $28K–$36K, depending on lease structure and occupancy. With an estimated payback period of 16–20 years based on projected rents versus valuation, this property aligns with Fernandina Beach’s upward market trend, especially for larger single-family homes. Features like a fireplace and garage boost appeal, though climate risk scores (wind, heat) may impact insurance costs.

To maximize rental income, consider light renovations targeting modern flooring and kitchen upgrades, as these are hot buttons for renters in the area. If selling, play up the property’s family-friendly layout and proximity to top-rated schools—these are key decision drivers. For short-term rental strategies, flexible minimum stays (2 nights) and extended-stay discounts could tap into the robust local demand for multi-week bookings.