Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3Rd St Fernandina Beach, FL 32034

    For Sale
    $1,300,000

    Prime 0.92-acre commercial/residential lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.92-acre parcel presents a remarkable investment opportunity in the heart of Fernandina Beach, Florida. Located on S 3rd Street, this property boasts a strategic position on the edge of the historic downtown area, offering unparalleled access to local amenities and attractions. The land is designated by APN 00-00-31-1800-0281-0060 and is zoned for mixed-use development, specifically MU-1. This zoning allows for a diverse range of development options, catering to both commercial and residential needs. The property's size allows for the creation of multiple units, potentially including commercial spaces on one portion and residential units on another. The potential for mixed-use development offers significant flexibility and the opportunity to capitalize on the growing demand for both commercial and residential properties in this vibrant Florida city. With its prime location and versatile zoning, this property is ideal for developers seeking a high-return investment in a thriving coastal community. The property's address is S 3rd St, Fernandina Beach, FL 32034, situated in Nassau County. The asking price for this exceptional land is $1,300,000. This presents a unique chance to acquire a substantial piece of land with significant development potential in a desirable location. Serious inquiries are encouraged.

    Property Features for 0 3Rd St

    General Information

    Property type
    Land
    Lot Size
    40,075 SF

    HighLights

    • 0.92‑acre mixed‑use development parcel in Fernandina Beach, FL.
    • Strategically located on S 3rd St, near historic downtown.
    • Zoned MU‑1, allowing for commercial and residential development.
    • APN 00‑00‑31‑1800‑0281‑0060.
    • Asking price: $1,300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fernandina Beach
    County
    Nassau
    State
    Florida
    Longitude
    -81.463077881876
    Latitude
    30.66353523707

    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
    • $285,000
      Pending

      Commercial Building in Fernandina Beach

      Corner lot property in Fernandina Beach, Florida.
      529 S 9Th St, Fernandina Beach, FL 32034
      View Details
    • $285,000
      Pending

      Fernandina Beach Commercial Corner Lot

      Commercial corner lot in Fernandina Beach, Florida, with endless possibilities.
      529 S 9Th St, 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.
      1961 S Fletcher Ave, Fernandina Beach, FL 32034
      View Details

    FAQs

    What type of property is this?
    Land - Prime 0.92-acre commercial/residential lot.
    Where is this land located?
    The property is located at 3Rd St Fernandina Beach, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 0.92-acre mixed-use development parcel in Fernandina Beach, FL.; Strategically located on S 3rd St, near historic downtown.; Zoned MU-1, allowing for commercial and residential development.
    Request Owner's contact information
    3Rd St 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.
    3Rd St
    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 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
    3Rd St 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.