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    111 8Th St Fernandina Beach, FL 32034

    For Sale
    $374,900

    Prime Location, C-3 Zoning, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property, located at 111 S 8TH Street in Fernandina Beach, Florida, presents a unique investment opportunity. Situated on a 5,227.2 square foot lot, this C-3 zoned land offers unparalleled flexibility for development. Its prime location, just one block from the historic downtown area, provides immediate access to a vibrant array of shops, restaurants, and the Amelia River. The property's proximity to Main Beach (less than two miles) adds significant appeal. The C-3 zoning allows for the construction of a mixed-use building, seamlessly blending residential and commercial spaces. Imagine creating a ground-floor storefront or office, complemented by comfortable living quarters on upper levels – a perfect work-life balance solution. Given the scarcity of vacant land in Fernandina Beach and the consistent appreciation of property values in this desirable area, this represents a sound financial investment. The property is ready for your vision, allowing you to design and build a property tailored to your specific needs and maximizing its potential in this thriving Florida coastal community. The year built is not specified. The zip code is 32034, and the property is located in Nassau County.

    Property Features for 111 8Th St

    General Information

    Property type
    Mixed-use properties

    HighLights

    • Asking price: $374,900
    • Mixed‑use property in Fernandina Beach, FL
    • 5,227.2 sq ft lot
    • Located one block from historic downtown Fernandina Beach, near shops, restaurants, and the Amelia River. Less than 2 miles from Main Beach.
    • C‑3 zoning allows for residential and commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fernandina Beach
    County
    Nassau
    State
    Florida
    Longitude
    -81.4592502
    Latitude
    30.6687966

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, C-3 Zoning, Investment Opportunity
    Where is this mixed-use property located?
    The property is located at 111 8Th St Fernandina Beach, FL.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: Asking price: $374,900; Mixed-use property in Fernandina Beach, FL; 5,227.2 sq ft lot
    Request Owner's contact information
    111 8Th St Fernandina Beach, FL 32034
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    Fernandina Beach, FL 32034
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    Realmo Value Estimation

    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.

    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.

    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
    111 8Th St Fernandina Beach, FL 32034
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