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Property profile & analytics
OFF-MARKET Estimated value $700,000
Retail space

708 8th St Fernandina Beach, FL 32034-3703

3,370 SF 0.8 ac lot Built 1958
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US18-2819352
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,370 SF
Lot 0.8 ac (35,000 SF)
Zoning code MU-8
APN 00-00-31-1800-0154-0030
UPID US18-2819352
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
$455k
CAP Approach CAP
$585k
Comparable Approach Comparable
$737k
Blend (final) Blend
$700k
Owner & transaction history
Well Traveled Properties LLC · 17 yrs held
Well Traveled Properties LLC
since 2009
7 recorded transactions
2020
Price N/A
2018
Price N/A
2009
$1.3M
1996
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MU-8 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2.01.10 8th Street Small Area Mixed Use (MU-8) The MU-8 district is intended for redevelopment of the City’s 8th Street commercial corridor to allow for a combination of residential, office, housing, and general commercial activities in a vibrant urban setting. The MU -8 district is intended to promote the 8th Street corridor as a thriving gateway to the his…

Zone name 8th Street Small Area Mixed Use
General category MIXED_USE
Zone area 43.75 ac
Source LDC COMBINED 2026
Top alternative use upside
Commercial (general) $1.0M +33.7%
Office building $790,000 +2.8%
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