Any Sale will be subject to U.S. Bankruptcy Court Rules and Bankruptcy Court Approval. MAI certified Appraised Value as 4.19.21 is $9.7M; Current Replacement Cost: Improvements only prepared by PURE Insurance $9.8M ($9.133M in April, 2018 + Land Appraised Value is $3.5M per 4.19.21 report). Immediately adjacent vacant lot for sale: Ask-$3.5M. FINAL inspection report will be available in about 2 weeks. The 12.24.20 inspection report is available upon request. This home has been inspected in 2021, 2018, 2017, 2016 & 2014, as part of routine maintenance & repair activities. Over $1.5M spent annually for private community security & pre-first responder assistance- 24/7/365. Guarded & gated; 4 miles of private beach. Fernandina Beach Airport 5 min away. Additional info upon request.