0 Old Nassauville Rd, Fernandina Beach, FL 32034
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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