Historic Mixed-Use
For Sale
$1,649,000
22 N 4TH Street, Fernandina Beach, FL 32034
Commercial, 3-4 Story, Fernandina Beach, FL
Property Size3,745 SF
Lot Size0.12 Acres
Price / SF$440.32
Days on Market58
Property Features for 22 N 4TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Window features
Vinyl Frames, Wood Frames
Exterior features
Fenced, Sprinkler System
Fencing
Fenced
Directions
Downtown on Centre Street to N 4th Street, directly across from the Public Library.
Subdivision
Ar 1 Island
Standard status
Active
APN
00-00-31-1800-0023-0050
Size
3,745 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
BLOCK 23 LOT 5 L/E OR 1283/1367 CITY OF FDNA BEACH
Legal Description
BLOCK 23 LOT 5 L/E OR 1283/1367 CITY OF FDNA BEACH
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1883
Flooring type
Wood
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
BERKSHIRE HATHAWAY HomeServices HWREI
(904) 261-9311
Listed By:
Hugh Williams
(904) 753-1415
Added: Aug 19
Changed: Oct 12
Last Checked: Oct 15 at 8:06AM
MLS# 116964
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.
Investment Insights
Based on property information with market context.
This mixed-use property at 22 N 4TH Street contains 3,745 square feet on a 0.117-acre parcel in Historic Downtown Fernandina Beach. The 3-4 story building dates to 1883 and features frame construction, wood flooring, a metal roof, public water, heat-pump heating and cooling, fencing, and a sprinkler system.
The property is positioned near Centre Street shops, dining, and waterfront activity. Its C-3 zoning supports a broad range of commercial applications, while any proposed use, density, parking, or redevelopment must comply with City of Fernandina Beach approvals and Historic District requirements.
The property is positioned near Centre Street shops, dining, and waterfront activity. Its C-3 zoning supports a broad range of commercial applications, while any proposed use, density, parking, or redevelopment must comply with City of Fernandina Beach approvals and Historic District requirements.
Key Highlights
- 3,745‑square‑foot mixed‑use property on a 0.117‑acre parcel
- 3‑4 story building constructed in 1883
- C‑3 zoning in Historic Downtown Fernandina Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,749
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,980
$955.0K
Cap Rate 7%
$682,129
$682.1K
Cap Rate 9%
$530,544
$530.5K
Market Conditions
NOI Build-Up for 3,745 SF
Gross rent
$89.9K $24.00/SF
− Vacancy
−$13.5K −$3.60/SF
EGI
$76.4K $20.40/SF
− OpEx
−$28.6K −$7.65/SF
NOI
$47.7K $12.75/SF
Area
Nassau County, FL
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,980
Cap Rate 7%
$682,129
Cap Rate 9%
$530,544
Alternative Uses
Best Use
Mixed Use
$682.1K
$596.9K – $795.8K
NOI $47,749 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$999.0K
$874.1K – $1.17M
NOI $69,927 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 32034, FL
38,167
Population
21,768
Households
1.8
Avg Household Size
56
Median Age
54%
College-Educated
97%
High-School Grad
65.0 sq mi
ZIP Area
587
Density / Sq Mi
$97,756
Median Household Income
$48,467
Median Earnings
$1,399
Median Rent
$484,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-3 zoning accommodates varied commercial and mixed-use concepts, subject to City approval and Historic District requirements.
Where is this mixed-use property located?
The property is located at 22 N 4TH Street Fernandina Beach, FL.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 3,745‑square‑foot mixed‑use property on a 0.117‑acre parcel; 3‑4 story building constructed in 1883; C‑3 zoning in Historic Downtown Fernandina Beach
