Amelia Island Plantation has luxury hotels (a Ritz-Carlton), condos, and beautiful private homes. You can live on the water, beside a golf course, or have a home set in the live oak-studded dunes just off the beach. There are other communities near Fernandina including American Beach, a historic district founded in 1935 to give blacks access to the beach in the then segregated South.
The owners of Amelia Island Plantation went into foreclosure or bankruptcy in 2010, which has since been resolved. Home prices vary depending on location - in the Plantation will generally be much more expensive than in Fernandina or other communities. Whereas prices on the Plantation had started at over $500,000 and went to almost $5 million, the financial troubles have brought those down sharply. The average price in late 2014 was about $240,000 in Fernandina, according to City-Data.com. Prices on Amelia Island Plantation were undoubtedly higher.