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Property profile & analytics

5381 Fletcher Ave Fernandina Beach, FL 32034-5326

  • Investment properties
  • 3,218 SF
  • 0.85 lot acres
OFF-MARKET
Value Estimation
$330,000
Location Intelligence
Property ID
US18-4757484
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 5381 Fletcher Ave

Year built
1981
Construction
WOOD
Lot size
0.85 lot acres
Property size
3,218 SF
Zone code
CN
Property type
Investment properties
Property subtype
Retail residential properties
APN
12-2N-28-0000-0006-0020
APU
122N28000000060020

Description

This exceptional 3,058 square foot commercial property in Fernandina Beach, Florida, presents a unique investment opportunity. Situated on a desirable 1.09-acre lot in Nassau County, this two-story building offers versatile space ideal for a variety of businesses. The property's zoning (CN) allows for retail, office, and restaurant uses. The building features a ground floor unit with an open layout, a roll-up exterior door, a walk-in refrigerator, and an outdoor patio, perfect for businesses needing high visibility and convenient access. This unit overlooks the high-traffic South Fletcher Avenue. Upstairs, a 921 square foot open-plan space with a restroom provides additional flexibility. The property boasts ample parking and outdoor storage space, a significant advantage for many businesses. Its location is highly convenient, across from Harris Teeter and near the Ritz Carlton, ensuring high foot traffic and visibility. Available space ranges from 921 to 2,137 square feet, making it suitable for a variety of tenants. This property is currently fully occupied, presenting a strong investment opportunity. The building has no elevators.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $315,000
  • CAP approach

    CAP return
    Estimation
    6%
    $440,000
    6.5%
    $445,000
    7%
    $380,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $340,000
    Geo Method
    $435,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $455,000
    Retail
    $345,000
    Mixed-Use
    $370,000
    Hospitality
    $410,000
    Educational
    $430,000
    Residential Income
    $395,000
    Energy
    $435,000
    Income-Based Land
    $380,000
    Food Service
    $350,000

Location Insight

  • Map
  • Local Demand
City
Fernandina Beach
County
Nassau
State
Florida
Longitude
-81.4562
Latitude
30.5942
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,985
$212,499
$176,509
$389,008
-
$212,499
$176,509
$389,008
More about this property
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