5174 First Coast Hwy Fernandina Beach, FL 32034
For Lease
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This exceptional 7.31-acre property assemblage in Fernandina Beach, Florida, presents a compelling investment opportunity. Located on First Coast Highway at the south end of Amelia Island, this land boasts a strategic location near the Ritz-Carlton and Omni Amelia Island Resort, ensuring high visibility and desirability. The property includes a multi-tenant flex building generating current income, offering immediate return on investment. The remaining vacant parcels present significant upside potential for residential development, either individually or as a unified project. The site features an existing lift station, although capacity verification is recommended. The property's zoning permits both commercial (CG) and residential uses, providing flexibility for various development scenarios. The assemblage comprises three parcels, with an undeveloped county right-of-way (Maxine Street) separating two. The asking price is $5,500,000. This infill location offers exceptional potential for expansion or further land assemblage. The property's APNs are 14-2N-28-0000-0005-0000, 00-00-30-0460-000A-0010, 00-00-30-0460-000A-0061, and 14-2N-28-0000-0006-0000. This is a rare opportunity to acquire a significant land holding in a highly sought-after location.
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
CG · Fernandina Beach, FLFernandina Beach. Always verify with local authorities before improvements.
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.