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    OFF-MARKET
    Land

    0 3Rd St, Fernandina Beach, FL 32034

    0.92 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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