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Property profile & analytics
FOR SALE
Commercial land

1953 S Fletcher Ave Fernandina Beach, FL 32034

0.11 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US18-7319655
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.11 ac (4,625 SF)
Zoning code R-3
APN 20-3N-29-0000-0030-0000
UPID US18-7319655
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1920 1944 First Avenue LLC · 4 yrs held
1920 1944 First Avenue LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
$15,000
2005
$1.5M
Zoning & alternative use
R-3 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2.01.06 High Density Residential (R-3) The R-3 District is intended for the development of high -density residential uses allowing both single- and multi-family dwellings. Bed and breakfast inns and resort rental dwellings may be allowed, subject to additional design standards. Limited neighborhood commercial uses may be allowed through the PUD process. FERN…

Zone name High Density Residential
General category COMMERCIAL
Zone area 151.73 ac
Source LDC COMBINED 2026
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