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0 3Rd St Fernandina Beach, FL 32034

OFF-MARKET Land Google Maps
0.92 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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