Anthony Cecchini Of JMG Financial Group Acquires Oceanfront Home In Fernandina Beach For $10.5M
8200 Residence Court
$10,500,000
$1,615/SF
Building Size
6,500 SF
Asset Type
Single Family
Closing
Dec 21, 2025
AI
A single-family oceanfront home located at 8200 Residence Court in Fernandina Beach has been sold for $10,500,000. The property spans 6,500 square feet and features two ocean-view primary suites, a heated saltwater pool, hot tub, gym, game room, and a private boardwalk providing direct access to the beach. It was built in 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,500,000
- Buyer: Anthony Cecchini - JMG Financial Group
- Seller: Michael E. Dubyak
- Broker Representing Buyer: David Miller - One Sotheby’s International Realty
- Broker Representing Seller: James Miller - One Sotheby’s International Realty
- Square Footage: 6,500
- Price Per Square Foot: $1,615
- Date of Sale: 12/21/2025
The transaction involved buyer Anthony Cecchini, represented by David Miller and James Miller from One Sotheby’s International Realty, acquiring the property from seller Michael E. Dubyak. This sale marks the highest-priced transaction on Amelia Island this year.
Players
Fernandina Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93