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Property profile & analytics

1001 Atlantic Ave Fernandina Beach, FL 32034-3650

  • Community centers
  • 3,052 SF
  • 0.25 lot acres
OFF-MARKET
Last Sale
Apr 23, 2021
$565,000
Value Estimations
$570,000
Show details
Cap Rate Potential
6%
Community centers
Location Intelligence
Property ID
US18-9180673
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Community centers

Property Details for 1001 Atlantic Ave

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.25 lot acres
Property size
3,052 SF
Zone code
C-3
Property type
Community centers
APN
00-00-31-1800-0052-0010
APU
31180000520010

Description

This exceptional 1,500 square foot commercial space is ideally situated on Atlantic Avenue in Fernandina Beach, Florida, offering high visibility and easy access. The property, zoned C-3, is a single-tenant building classified as Class B. It boasts a convenient single-story design, eliminating the need for elevators. The interior is in excellent condition and features a well-appointed reception area, perfect for welcoming clients. Five private offices provide ample space for individual work or team collaboration. A comfortable break room/kitchenette offers a convenient space for employees to relax and recharge. Three restrooms ensure sufficient facilities for tenants and visitors. This versatile space is suitable for a variety of office uses, including traditional office, executive office, and medical office settings. The property's location just outside the historic downtown area provides a blend of accessibility and a desirable address. The space is available for lease beginning August 1, 2024. This turnkey solution requires minimal upfront investment, allowing businesses to focus on operations rather than renovations. The property's prime location and functional layout make it an attractive opportunity for businesses seeking a well-maintained and conveniently located office space in Fernandina Beach, Florida, zip code 32034.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $620,000
    ML approach
    $580,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $615,000
    6.5%
    $570,000
    7%
    $530,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $590,000
    OFFICE BUILDING
    $560,000
    RETAIL STORES
    $430,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fernandina Beach
County
Nassau
State
Florida
Longitude
-81.4569
Latitude
30.6708
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,816
$267,500
$272,781
$540,281
-
$267,500
$272,781
$540,281
More about this property
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