121 8Th St Fernandina Beach, FL 32034
This captivating mixed-use property, located at 121 S 8TH Street in Fernandina Beach, Florida (zip code 32034), presents a unique investment opportunity. Built in 1900, this partially renovated cottage sits on a 5,227.2 square foot lot and is offered at $550,000. Its C-3 zoning allows for a variety of uses, including residential and commercial applications, making it ideal for a live-work space, duplex, retail store, or office. The property boasts a blend of historic charm and modern updates. Original heart of pine flooring, windows, and hardware are complemented by a recently updated kitchen and bathroom, featuring new plumbing and electrical. Other recent improvements include a new water heater and updated lower-level air conditioning ductwork. The roof was replaced in 2020. The main bedroom is conveniently located on the ground floor, while two additional upstairs rooms offer versatile space. Ample off-street parking and a storage shed provide additional convenience. The attic offers significant potential for expansion, with possibilities for adding a bathroom and kitchenette. This property is just a block and a half from the vibrant Centre Street, offering easy access to downtown amenities. This rare gem in Fernandina Beach's historic district offers a lifestyle rich in history, convenience, and modern comforts. The property's combination of flexible zoning, historic character, and recent updates makes it a truly exceptional investment.
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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