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    111 8Th St Fernandina Beach, FL 32034

    For Sale
    $374,900

    Prime Commercial Lot, 5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 5,000 square foot commercial lot is located at 111 S 8th St, Fernandina Beach, FL 32034, in Nassau County. Priced at $374,900 ($75/SF), this property presents a unique investment opportunity. The C-3 zoning allows for mixed-use development, enabling the construction of a building that seamlessly blends residential and commercial spaces. Imagine a ground-floor storefront or office space combined with comfortable upper-level living quarters, offering a desirable work-life balance. This location offers significant advantages, situated just one block from the historic downtown area, with easy access to shops, restaurants, and the Amelia River. The property's proximity to Main Beach (less than two miles) adds further appeal. Given the scarcity of vacant land in Fernandina Beach and its potential for appreciation, this lot represents a smart financial investment. The property is unimproved, offering a blank canvas for your vision. This is a rare chance to build your dream in a thriving Florida coastal community.

    Property Features for 111 8Th St

    General Information

    Property type
    Land

    HighLights

    • 5,000 SF commercial lot in Fernandina Beach, FL.
    • Priced at $374,900 ($75/SF).
    • C‑3 zoning allows mixed‑use development.
    • One block from historic downtown, near shops, restaurants, and the Amelia River.
    • Less than two miles from Main Beach.
    • Unimproved lot.
    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
    -81.459148553667
    Latitude
    30.668797721462

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 5,000 SF
    Where is this land 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: 5,000 SF commercial lot in Fernandina Beach, FL.; Priced at $374,900 ($75/SF).; C-3 zoning allows mixed-use development.
    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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