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Property profile & analytics
FOR SALE
Hotels
914 Atlantic Ave Fernandina Fernandina Beach, FL 32034
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-2589799
For Sale
1 / 85
$7,250,000
914 Atlantic Ave,Unit Fernandina, Fernandina Beach, FL 32034
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,253 SF
Lot
0.57 ac (25,000 SF)
Zoning code
C-3
APN
00-00-31-1800-0050-0011
UPID
US18-2589799
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
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Amelia Schoolhouse Project LLC · 8 yrs held
Amelia Schoolhouse Project LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-3 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+31.8%
Office building
$1.5M
+25.7%
Restaurant
$1.3M
+5.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fernandina Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fernandina Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,210,000
Current use
COMMERCIAL (GENERAL)
$1,595,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,520,000
Change: +26% · Conversion: Difficult
RESTAURANT
$1,275,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$1,160,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,871
Tax year 2023
Assessed value
$2,800,135
Assessed 2023
Previous assessed
$2,621,785
+6.8% YoY
Effective rate
1.50%
On assessed value
Assessed land
$750,000
Assessed improvement
$2,050,135
Land market value
$750,000
Improvement market value
$2,050,135
Total market value
$2,800,135
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
17
Rooms
25
Total area
8,253 SF
Lot
0.57 ac (25,000 SF)
Zoning code
C-3
APN
00-00-31-1800-0050-0011
UPID
US18-2589799
Jurisdiction
NASSAU
Zoning & alternative use
C-3 · Fernandina Beach, FL
Zoning C-3 · permitted uses
C-3 · Fernandina Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fernandina Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
17
Rooms
25
Lot
0.57 ac
Current owner
From public records · entity-resolved
Amelia Schoolhouse Project LLC
Entity
Mailing address
13 MARIA PL, PONTE VEDRA BEACH, FL 32082-2314
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
—
Amelia Schoolhouse Project LLC
—
Deed
related
$2,500,000 · Pinnacle Bank
Mar 1, 2019
—
Amelia Schoolhouse Project LLC
—
Grant Deed
related
$2,000,000 · Iberiabank
Aug 2, 2017
$775,000
Amelia Schoolhouse Project LLC
Buchette Investments LLC
Warranty Deed
—
Sep 29, 2005
—
Buchette Investments LLC
Owner,record
Warranty Deed
related
—
Sep 28, 2005
$750,000
Buchette Investments LLC
Cambridge South INC
Corporation Deed
$675,000 · Cambridge South INC
—
—
Buchette Investments LLC
—
Loan Modification
related
$395,365 · Ameris Bk
—
—
Buchette Investments LLC
—
Deed Of Trust
related
$619,187 · Ameris Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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