Medical Office
1888 S 14TH Street Fernandina Beach, FL 32034
1888 S 14TH Street, Fernandina Beach, FL, 32034
$1,100,000
For Sale
$1,100,000
Former medical office offers reception, exam rooms with sinks, offices, an X-ray room, and multiple restrooms.
Property Size3,033 SF
Lot Size0.60 Acres
Price / SF$362.68
Days on Market179
Property Features for 1888 S 14TH Street
General Information
- Standard status
- Active
- Size
- 3,033 SF
- Lot size
- 0.60 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1992
Listing agency
AMELIA COASTAL REALTY LLC
(904) 261-2770
Listed by
Tara Thousand · License #3378223
Source
Xome
Added: Jan 25 Updated: Jul 22 at 2:46PM Checked: Jul 22 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AMELIA COASTAL REALTY LLC
Investment Insights
Based on property information with market context.
This highly visible commercial building is 3,033 SF on 0.6 acres and was previously used as a medical office. The layout includes a large reception area, a large open work area for employees, seven exam rooms with sinks, four offices, an X-ray room, and three restrooms. The interior also supports use as a medical or dental clinic.
The property is located on busy 14th Street on Amelia Island. C-1 zoning allows for a variety of commercial uses, including professional office, restaurant, gym, church, and recreation center, among others.
The existing buildout is well-suited to healthcare-related uses, with multiple exam rooms, dedicated work and office space, and supporting amenities throughout.
The property is located on busy 14th Street on Amelia Island. C-1 zoning allows for a variety of commercial uses, including professional office, restaurant, gym, church, and recreation center, among others.
The existing buildout is well-suited to healthcare-related uses, with multiple exam rooms, dedicated work and office space, and supporting amenities throughout.
Key Highlights
- 3,033 SF former medical office on 0.6 acres with C‑1 zoning
- Layout includes a reception area, large open employee work area, 7 exam rooms with sinks, and an X‑ray room
- Includes 4 offices and 3 restrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.8k | $24.00 |
| − Vacancy | −$16.2k | −$5.33 |
| EGI | $56.6k | $18.67 |
| − OpEx | −$14.2k | −$4.67 |
| NOI | $42.5k | $14.00 |
3,033 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$606.8K
$530.9K – $707.9K
NOI $42,474 @ 7.0% cap · market cap 3.86%
Second Best
Healthcare Medical
$576.5K
$504.5K – $672.6K
NOI $40,356 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$809.0K
$707.9K – $943.9K
NOI $56,632 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Fernandina Beach Animal Clinic: Rew Kelly M DVM — 1868 S 14th St, Fernandina Beach, FL 32034
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- Amelia Island Animal Hospital — 1470 S 8th St, Fernandina Beach, FL 32034
- Fernandina Beach Animal Clinic — 1868 S 14th St, Fernandina Beach, FL 32034
FAQs
What type of property is this?
Medical Office Space - Former medical office offers reception, exam rooms with sinks, offices, an X-ray room, and multiple restrooms.
Where is this medical office space located?
The property is located at 1888 S 14TH Street Fernandina Beach, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,033 SF former medical office on 0.6 acres with C‑1 zoning; Layout includes a reception area, large open employee work area, 7 exam rooms with sinks, and an X‑ray room; Includes 4 offices and 3 restrooms
