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Nassau 32034
1776 HAMMOCK Drive
$1,195,000
● House - Off Market

1776 HAMMOCK Drive

Fernandina Beach, FL 32034
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,399 Ft²
$1,215,820
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Walk to the ocean! This recently renovated pool home is located in the desirable Ocean Hammock community, south of the Ritz. Split bedroom floor plan includes a large open eat-in kitchen with stainless appliances, fireplace, large primary suite/bath with soaking tub, built-in surround sound in the living room & porch, and an oversized screened porch overlooking a heated in-ground saltwater pool and spa. This home is in a quiet subdivision and sits on a large, fenced lot that backs up to a 10-acre nature preserve for year-round privacy. Many upgrades and special features including a new Shark Coating garage floor. Premium south end location close to shopping, dining, golf, resorts, and the beautiful beaches of Amelia Island!
Unit Size
2,399 Ft²
Days on Market
61 days
Land Size
-
Price per sqft
$498
Property Type
House
Property Taxes
-
HOA Dues
$63
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Real MLS #1212398)

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold
Premium
Sold
Feb 11, 2023 Listed by AMELIA ISLAND REAL ESTATE SERVICES $1,195,000
Listed by AMELIA ISLAND REAL ESTATE SERVICES
Jan 30, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 518
  • Parking Space Count: 0
  • Patio Type: 73
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,826
  • Total Building Area: 3,309
  • Gross Building Area: 3,309
  • Building Area: 2,791
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,791
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKWAY
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 11 4999 PARKWAY PB 5/228

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050203

Zoning

  • Zoning: RG-1

Geography

  • Assessors Map Reference: MAP 6D/24N
  • Parcel: 00-00-30-4999-0011-0000
  • Lot: 11
  • Meridian: SEC 15 TWN 02N RNG 28E
  • Municipality: UNINCORPORATED MIDDLE ISLAND
  • Latitude: 30.5856
  • Longitude: -81.449

    Address

  • Full Address: 1776 Hammock Dr
  • Address - House Number: 1776
  • Address - Street Name: Hammock
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R008
  • 4-Digit Zip Code: 5609
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 2,854
  • Tax Year: 2023
  • Tax Amount: $678,616
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 1,115,317
  • High Value: 1,340,512
  • Low Value: 890,123

    Market Valuation

  • Market Total Value: $708,147
  • Market Land Value: $250,000
  • Market Improvement Value: $458,147

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,659

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10916
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Jan 30, 2015
  • Previous Sale Amount: $494,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nassau

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2173 ft²

Average Home Age

18.8 years

Currently For Sale

702 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Real MLS

Listed by: REBECCA MCRAE, AMELIA ISLAND REAL ESTATE SERVICES
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1212398
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1776 Hammock Drive built and last sold?
The property at 1776 Hammock Drive was built in 1993 and last sold on Apr 13, 2023 for $1,195,000.
How much is this home worth?
The estimated value of the home located at 1776 Hammock Drive is $0.
What are some comparable homes to 1776 Hammock Drive?
There are currently no comparable homes to 1776 Hammock Drive.
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