Open-Plan Office
For Sale
Contact for pricing
911 S 8TH UNIT 1 Street, Fernandina Beach, FL 32034
Shared conference rooms, ADA-compliant restrooms, and a kitchenette support day-to-day office use.
Property Size160 SF
Price / SF$4.38
Days on Market86
Property Features for 911 S 8TH UNIT 1 Street
General Information
Standard status
Active
Size
160 SF
Property subtype
Other
Additional Details
Condition
Move-in Ready
Property Use
Office/Retail
Amenities
shared ADA compliant restrooms
shared conference rooms
kitchenette
Listing Agency:
AMELIA COASTAL REALTY LLC
(904) 261-2770
Listed By:
Tara Thousand · License #3378223
(904) 710-1870
Source:
Atlanticsaltrealty
Added: Aug 8
Changed: Oct 30
Last Checked: Oct 30 at 3:10PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 160-square-foot office unit offers an open layout with access to two shared ADA-compliant restrooms, two shared conference rooms, and a kitchenette. Additional office units are available in the property.
The suite is at 911 S 8th Street in Fernandina Beach, Florida.
The suite is at 911 S 8th Street in Fernandina Beach, Florida.
Key Highlights
- 160‑square‑foot office unit
- Open floor plan
- Access to 2 shared ADA‑compliant restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,241
Suggested Prices Based on Cap Rates
Cap Rate 5%
$44,820
$44.8K
Cap Rate 7%
$32,014
$32.0K
Cap Rate 9%
$24,900
$24.9K
Market Conditions
NOI Build-Up for 160 SF
Gross rent
$3.8K $24.00/SF
− Vacancy
−$852 −$5.33/SF
EGI
$3.0K $18.67/SF
− OpEx
−$747 −$4.67/SF
NOI
$2.2K $14.00/SF
Area
Nassau County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$44,820
Cap Rate 7%
$32,014
Cap Rate 9%
$24,900
Alternative Uses
Best Use
Office B
$32.0K
$28.0K – $37.4K
NOI $2,241 @ 7.0% cap · market cap 320.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$42.7K
$37.4K – $49.8K
NOI $2,988 @ 7.0% cap · market cap 426.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Shared conference rooms, ADA-compliant restrooms, and a kitchenette support day-to-day office use.
Where is this office unit located?
The property is located at 911 S 8TH UNIT 1 Street Fernandina Beach, FL.
What are key features of this property?
This property features: 160‑square‑foot office unit; Open floor plan; Access to 2 shared ADA‑compliant restrooms
