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Nassau 32034
1973 PINE Drive
$257,500
● House - Off Market

1973 PINE Drive

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,587 Ft²
$324,602
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Calling all investors!!! Now Is The Time and your chance to own a piece of Fernandina Beach. Fantastic .30 acre lot with a beautiful majestic oak trees and a home that has so much potential. Only 1.5 miles to the beach and 2.5 miles to Downtown Fernandina dining, shopping and the marina. Don't miss this steal of a deal opportunity! Being sold AS IS. Make your offer before its gone!
Unit Size
1,587 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (Real MLS #1211344)

Price History

Date / Event Date Event Price
Mar 24, 2023 Sold
Premium
Sold
Feb 4, 2023 Listed by COLDWELL BANKER THE AMELIA GROUP $315,000
Listed by COLDWELL BANKER THE AMELIA GROUP

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 21
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,881
  • Lot Size Depth Feet: 129
  • Lot Size Frontage Feet: 100
  • Total Building Area: 1,693
  • Gross Building Area: 1,693
  • Building Area: 1,693
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,693
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK GROVE UNIT 1
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: BLOCK D LOT 3 OAK GROVE UNIT 1 PB 0/61

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050204

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: MAP 6C/35S
  • District: 05
  • Parcel: 00-00-30-042B-000D-0030
  • Block: D
  • Lot: 3
  • Meridian: SEC 30 TWN 03N RNG 28E
  • Municipality: UNINCORPORATED MIDDLE ISLAND
  • Latitude: 30.6388
  • Longitude: -81.4615

    Address

  • Full Address: 1973 Pine Dr
  • Legal Unit: 1
  • Address - House Number: 1973
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R009
  • 4-Digit Zip Code: 7855
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 1,593
  • Tax Year: 2023
  • Tax Amount: $316,008
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 310,750
  • High Value: 372,423
  • Low Value: 249,076

    Market Valuation

  • Market Total Value: $195,413
  • Market Land Value: $120,000
  • Market Improvement Value: $75,413

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,413
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $75,413

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8466
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

82

Average Home Size

2174 ft²

Average Home Age

18.7 years

Currently For Sale

705 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: TINA KOZAK, COLDWELL BANKER THE AMELIA GROUP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1211344
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 1973 Pine Drive built and last sold?
The property at 1973 Pine Drive was built in 1952 and last sold on Mar 24, 2023 for $257,500.
How much is this home worth?
The estimated value of the home located at 1973 Pine Drive is $318,209.
What are some comparable homes to 1973 Pine Drive?
There are currently no comparable homes to 1973 Pine Drive.
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