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Property summary
Park Place on Atlantic is a 32-unit 55+ condominium development in Fernandina Beach, Florida, located about 1.6 miles from the Atlantic Ocean and two blocks from historic Centre Street. Individual residences are reported to be approximately 1,170 square feet and include in-unit appliances and interior finishes, along with smart home technology; the floor plans feature spacious layouts with private terraces. Community amenities include a resort-style pool with a jetted spa, a fitness center, and a rooftop terrace with views. The property also provides covered parking with EV charging stations, a guest suite for visitor accommodations, and private storage units.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
2.01.13 Central Business District (C-3) The C-3 District is intended for the development of land uses within the central business district as the City’s center for residential, financial, commercial, governmental, profes…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Fernandina Beach, FL2.01.13 Central Business District (C-3) The C-3 District is intended for the development of land uses within the central business district as the City’s center for residential, financial, commercial, governmental, profes…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
2.01.13 Central Business District (C-3) The C-3 District is intended for the development of land uses within the central business district as the City’s center for residential, financial, commercial, governmental, profes…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Fernandina Beach, FL.
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