Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Gregor Mcgregor Blvd Fernandina Beach, FL 32034

    Sponsored
    For Sale
    $540,000

    LAND - Fernandina Beach, FL

    Lot size:
    0.32 Acres
    Days on Market:
    162
    Last Refresh:
    Mar 3 at 5:06 am

    Property Features for Gregor Mcgregor Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    00-00-31-1640-000A-0180
    Lot size
    0.32 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Sara Terry

    Chaplin Williams Realty (904) 753-1415

    Listing agent Sara Terry (904) 415-1375

    Listing date Sep 23, 2025

    MLS# 113468 Listing URL

    Copyright © 2026 Amelia Island-Nassau County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Amelia Island Land Opportunity

    This wooded lot, measuring 90' x 150', is located one block from the Atlantic Ocean on historic Gregor McGregor Blvd in Fernandina Beach, Florida. The 0.3185-acre property offers an ideal location for building a coastal dream home. Downtown Centre Street is accessible via a 2-mile golf cart or bike ride down Atlantic Ave. With appropriate design, the upper level or rooftop deck may offer ocean views. The natural vegetative buffer provides privacy, and the tree canopy offers shade. Located inside the city limits but without HOA restrictions, the parcel balances city services and personal freedom. City water and sewer connections are available. The homesite is free of easements, encumbrances, and flood zone concerns. Boundary survey, sellers' disclosure, and City of Fernandina Beach Zoning Confirmation Report are available. The property is located on Amelia Island, also known as the Isle of Eight Flags.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fernandina Beach
    County
    Nassau
    State
    Florida
    Longitude
    -81.433106
    Latitude
    30.663637

    Nearby Similar for Sale

    • $789,000
      1,310 SF

      Commercial Property Near Amelia Island

      Commercial property near the beach with high visibility and flexible zoning.
      2477 Sadler Rd, Fernandina Beach, FL 32034
      View Details
    • $395,000
      0.11 Acres

      Land Near Fernandina Beach

      R-3 zoned land ideal for short-term rentals near the beach.
      1961 S Fletcher Ave, Fernandina Beach, FL 32034
      View Details
    • $395,000
      0.11 Acres

      Land Near Fernandina Beach

      R-3 zoned land ideal for short-term rentals near the beach.
      1965 S Fletcher Ave, Fernandina Beach, FL 32034
      View Details
    • $395,000
      0.11 Acres

      Land Near Fernandina Beach

      R-3 zoned land ideal for short-term rentals near the beach.
      1957 S Fletcher Ave, Fernandina Beach, FL 32034
      View Details
    • $395,000
      0.11 Acres

      Land Near Fernandina Beach

      R-3 zoned land ideal for short-term rentals near the beach.
      1953 S Fletcher Ave, Fernandina Beach, FL 32034
      View Details
    • $3,200,000
      6,100 SF

      Historic Amelia Island Commercial Property

      6,100 sqft commercial property in Amelia Island's Historic District.
      101 Centre St, Fernandina Beach, FL 32034
      View Details
    • Contact for pricing
      3,849 SF

      Turn-Key Restaurant Opportunity

      Fully equipped restaurant space in high-traffic location.
      1940 South 8Th St, Fernandina Beach, FL 32034
      View Details
    • $375,000

      Unique Live-Work Space with Loft

      Custom-designed live-work space with open loft and high-end finishes.
      960185 Gateway Blvd, Fernandina Beach, FL 32034
      View Details
    • Contact for pricing
      8,466 SF

      Fernandina Beach Retail Building For Sale

      8,466 SF retail building in Fernandina Beach, Florida.
      1120 S 8Th St, Fernandina Beach, FL 32034
      View Details
    • Contact for pricing
      3,858 SF

      Centre Street Office Building For Sale

      3,858 SF office building with five parking spaces.
      500 Centre St, Fernandina Beach, FL 32034
      View Details
    • $1,200,000

      Fernandina Beach Commercial Property For Sale

      Commercial property in Fernandina Beach with income-producing rental spaces.
      608 N 14Th St, Fernandina Beach, FL 32034
      View Details
    • $280,000

      Established Auto Service Centers

      Two auto service centers with strong local recognition and clientele.
      Confidential, Fernandina Beach, FL 32034
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Wooded lot near the ocean on Amelia Island.
    Where is this residential land & home lot located?
    The property is located at Gregor Mcgregor Blvd Fernandina Beach, FL.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: - One block from the beach on Amelia Island; - High and dry, wooded lot (90' x 150') free of easements, encumbrances, and flood zone concerns; - Located inside city limits but without HOA restrictions
    (904) 261-9311
    Request Owner's contact information
    Gregor Mcgregor Blvd Fernandina Beach, FL 32034
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Gregor Mcgregor Blvd
    Fernandina Beach, FL 32034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Gregor Mcgregor Blvd Fernandina Beach, FL 32034
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sara Terry
    (904) 261-9311 (904) 753-1415 (904) 415-1375
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!