Check Availability
$374,900
Land - For Sale

111 S 8TH Street

Fernandina Beach, FL 32034
bedrooms
Studio
bathrooms
0 Bath
$2,058
Estimated Monthly
1.87%
Cap Rate

About This Property

Here is a fantastic opportunity with a mixed-use commercial/residential lot. It's just a block away from Historic downtown Fernandina Beach which gives you significant advantages for business opportunities. It's in proximity of shops, restaurants, and the Amelia River which adds to the appeal of the location. The property is less than 2 miles from Main Beach with easy access to the beach. It is zoned C-3 which allows you to build your dream home & operate a business, giving you the opportunity for work-life balance. With this mixed-use zoning, you have the flexibility to design a property that suits your needs. You can create a storefront or office space on the ground floor while having a comfortable residence on the upper levels. With vacant land becoming scarce in Fernandina Beach, properties tend to increase in value. Investing in such a property can be a wise financial decision.
Unit Size
-
Days on Market
67 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$217
HOA Dues
-
Year Built
-

Listed By

Last updated: 25 days ago (Real MLS #2016602)

Price History

Date / Event Date Event Price
Mar 28, 2024 Listed by ANABASIS REALTY LLC $374,900
Listed by ANABASIS REALTY LLC
Jan 16, 2013 Sold to Lisa Dianne Mathews, Michae... $25,000
Sold to Lisa Dianne Mathews, Michae...
Jun 11, 2004 Sold to Michael B Barnhart, Michael... $60,000
Sold to Michael B Barnhart, Michael...

Property Highlights

Exterior Details

Property Information

Road Frontage Type: City Street
Parcel Number: 000031180000410072
Zoning Description: Commercial/Residential/Office

Pool Information

Pool Features: None

Lot Information

Historic Area
Lot Size Dimensions: 50'x100'
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Financial Details
Tax Year: 2023
Tax Annual Amount: $2,603
Buyer's Agency fee: 2.00%

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,103
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 50
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CITY OF FDNA BEACH
  • Land Acres: 0.117
  • Legal Description 1: BLOCK 41 LOT S 1/2 OF 7 IN OR 1237/301 & OR 1835/1299 CITY OF FDNA BEACH

Ownership

  • Current Owner : MATHEWS MICHAEL
  • Current Owner 2: MATHEWS LISA DIANNE
  • Previous Owner : BARNHART MICHAEL B
  • Owner Before Previous Owner: BC & H ENTERPRISES LLC

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050103

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: MAP 6C/24S
  • Parcel: 00-00-31-1800-0041-0072
  • Block: 41
  • Lot: S
  • Meridian: SEC 23 TWN 03N RNG 28E
  • Municipality: FERNANDINA BEACH
  • Latitude: 30.6689
  • Longitude: -81.4593

    Address

  • Full Address: 111 S 8th St
  • Address - House Number: 111
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3603
  • Zip Code: 32034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,603
  • Tax Rate Code Area: 2

    Market Valuation

  • Market Total Value: $225,000
  • Market Land Value: $225,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,000
  • Assessed Land Value: $225,000

    Sales

  • Current Sale Contract Date: Jan 15, 2013
  • Current Sale Recording Date: Jan 16, 2013
  • Current Sale Transaction ID: 1153331724
  • Current Sale Price: $25,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 201301575
  • Previous Sale Recording Date: Jun 11, 2004
  • Previous Sale Contract Date: Jun 05, 2004
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2.5 Baths
2,367 ft²
$158/ft²
$375,000 Apr 23, 2024
-
$398/mo
House
3 Beds
2 Baths
1,445 ft²
$273/ft²
$394,900 Feb 8, 2024
-
$453/mo
House
2 Beds
1 Bath
900 ft²
$366/ft²
$329,005 Apr 26, 2024
-
$281/mo

About Fernandina Beach


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Nearby Rentals



Frequently Asked Questions

When was property at 111 South 8th Street built and last sold?
The property at 111 South 8th Street was built in and last sold on Jan 15, 2013 for $25,000.
How much is this home worth?
The estimated value of the home located at 111 South 8th Street is $378,649.
What are some comparable homes to 111 South 8th Street?
Homes that are comparable to 111 South 8th Street include a house property at 212 South 13th Street, 931 South 10th Street, 610 Vernon Street.

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