111 S 8Th St Fernandina Beach, FL 32034
For Sale
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This exceptional 5,000 square foot commercial lot is located at 111 S 8th St, Fernandina Beach, FL 32034, in Nassau County. Priced at $374,900 ($75/SF), this property presents a unique investment opportunity. The C-3 zoning allows for mixed-use development, enabling the construction of a building that seamlessly blends residential and commercial spaces. Imagine a ground-floor storefront or office space combined with comfortable upper-level living quarters, offering a desirable work-life balance. This location offers significant advantages, situated just one block from the historic downtown area, with easy access to shops, restaurants, and the Amelia River. The property's proximity to Main Beach (less than two miles) adds further appeal. Given the scarcity of vacant land in Fernandina Beach and its potential for appreciation, this lot represents a smart financial investment. The property is unimproved, offering a blank canvas for your vision. This is a rare chance to build your dream in a thriving Florida coastal community.
2.01.12 General Commercial (C-2) The C -2 District is intended for the development of land uses to accommodate offices; commercial retail; personal services establishments; restaurants; transient accommodations; uses that provide sales and services for several neighborhoods; repair shops; retail sales and services; and other similar commercial uses. The Gene…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Fernandina Beach, FL2.01.12 General Commercial (C-2) The C -2 District is intended for the development of land uses to accommodate offices; commercial retail; personal services establishments; restaurants; transient accommodations; uses that provide sales and services for several neighborhoods; repair shops; retail sales and services; and other similar commercial uses. The General Commercial District recognizes existing development with locations that have access to arterial roads. FERNANDINA BEACH LAND DEVELOPMENT CODE ZONING DISTRICTS AND LAND USES CHAPTER 2 Ordinance 2006-14 (as amended) 2-5 Adopted September 5, 2006 Revised 05-05-2026 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, professional, and cultural activities. The Central Business District category is designed to accommodate as permissible uses single -family or duplex dwelling units and uses permissible subject to supplemental standards triplex and multi -family dwelling units. These uses may be either freestanding or in mixed use structures; offices; commercial retail; personal services establishments; restaurants; transient accommodations; commercial parking facilities; civic uses; and cultural uses. 2.01.14 Light Industrial (I-1) The I-1 District is intended for the development of light industrial manufacturing, fabrication, processing, or warehousing, storage, research facilities, commercial activities and services, including lodging accommodations, and community facilities or government buildings, such as, animal services, emergency services or administrative offices, recreational facilities, such as golf courses, or other activities compatible with light industrial operations which are in close proximity to transportation facilities. The district is not intended to accommodate heavy industrial operations or to accommodate commercial that would restrict the principal light industrial operations. Residential development, with exception of a caretaker’s unit, is not permissible within the zoning district. The designation of land for the I-1 District shall be based on compatibility with surrounding land uses, considering environmental sensitivity, intensity of use, hours of operation, heat, glare, fumes, noise, and visual impacts. 2.01.15 Industrial Airport (I-A) The Industrial Airport District is intended for the development of airport regulated property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
