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Property profile & analytics
OFF-MARKET
Commercial real estate

121 8Th St Fernandina Beach, FL 32034

Built 1900
Property ID
US18-5207191
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1900
UPID US18-5207191
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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