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    OFF-MARKET
    Land

    0 Old Nassauville Rd, Fernandina Beach, FL 32034

    6.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.87-acre property in Fernandina Beach, Florida, boasts approximately 400 feet of deep-water frontage on the Nassau River. Situated on a high bluff offering stunning views, this RS1-zoned land is comprised of four estate-sized lots (1.93, 1.74, 1.64, and 1.56 acres), allowing for the development of a single large estate or up to four custom homes. Pre-approved plans exist for a 3,648 square foot deep-water pier with four covered boat slips, approved by the Army Corps of Engineers and the Florida Department of Environmental Protection (documentation available). Located just 10 miles from downtown Fernandina Beach, this property presents a unique opportunity for luxurious waterfront living or development. The bluff sits approximately 15 feet above the shoreline. Nassau County Tax Parcel Numbers are available upon request. Asking price is $3,175,000.

    Property profile
    Verified
    Property type Land
    Lot 6.87 ac (299,257 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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