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Property profile & analytics
OFF-MARKET Estimated value $2,935,000
Office buildings

402 Ctr St Fernandina Beach, FL 32034-4243

13,648 SF 0.34 ac lot Built 1959
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-2391590
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1959
Construction CONCRETE
Total area 13,648 SF
Lot 0.34 ac (15,000 SF)
Zoning code C-3
APN 00-00-31-1800-0024-0010
UPID US18-2391590
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
$2.97M
CAP Approach CAP
$3.14M
Comparable Approach Comparable
$3.32M
Blend (final) Blend
$2.94M
Owner & transaction history
Riverfront Crab LLC · 5 yrs held
Riverfront Crab LLC
since 2021
Last sale
$2.8M
5 recorded transactions
2021
$2.8M
2011
$950,000
2001
$2.3M
1999
$680,000
1996
$15,000
Zoning & alternative use
C-3 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 dup…

Zone name Central Business
General category MIXED_USE
Zone area 47.71 ac
Source LDC COMBINED 2026
Top alternative use upside
Restaurant $4.6M +44.8%
Commercial (general) $4.2M +30.1%
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