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Fernandina Beach 32034
508 DADE Street
$589,900
● House - Off Market

508 DADE Street

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,780 Ft²
$689,156
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Custom built concrete block and stucco home in downtown location. Walk to restaurants and shops. Built in 2020. Kitchen features 42'' solid maple cabinets, soft close drawers and doors. Quartz counters with waterfall edge. Subway tile backsplash, oversized sink, and eat on bar. Greatroom and dining combination with triple sliders to patio. 10'' Smooth ceilings. 3 bedrooms and baths plus office. Front screened porch with pavers. Natural gas 5 burner range with griddle, connection for gas grill on patio. Laundry room with 42'' cabinets. Sink in garage plus pre-plumbed for water softener. tankless water heater, pull down attic access in garage. Back courtyard 40x15, 25x12 portion with pavers.
Unit Size
1,780 Ft²
Days on Market
-
Land Size
-
Price per sqft
$331
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #1105407)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by ISLAND LIFE REALTY AMELIA, LLC. $589,000
Listed by ISLAND LIFE REALTY AMELIA, LLC.
Sep 6, 2018 Sold
Premium
Sold
Oct 8, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,723
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 50
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF FDNA BEACH
  • Land Acres: 0000000108
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: BLOCK 33 LOT 8 CITY OF FDNA BEACH

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050102

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAP 6C/23S
  • Parcel: 00-00-31-1800-0033-0080
  • Block: 33
  • Lot: 8
  • Meridian: SEC 21 TWN 03N RNG 28E
  • Municipality: FERNANDINA BEACH
  • Latitude: 30.6758
  • Longitude: -81.4601

    Address

  • Full Address: 508 Dade St
  • Address - House Number: 508
  • Address - Street Name: Dade
  • Address - Suffix Type: St
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3847
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 1,998
  • Tax Year: 2023
  • Tax Amount: $942,312
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 788,714
  • High Value: 921,584
  • Low Value: 655,845

    Market Valuation

  • Market Total Value: $501,435
  • Market Land Value: $175,000
  • Market Improvement Value: $326,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,435
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $326,435

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202145022677
  • Previous Sale Recording Date: Sep 06, 2018
  • Previous Sale Contract Date: Sep 04, 2018
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: 71
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 Fernandina Beach

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$418

Below Asking

0.03%

Average Days on Market

95

Average Home Size

1819 ft²

Average Home Age

43.8 years

Currently For Sale

45 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

Unit for rent at 342 Tarpon Avenue, Fernandina Beach, FL, 32034

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 1,020 ft²
342 Tarpon Avenue #1, Fernandina Beach, FL, 32034 Listing by SUDHA BHARATHAN THAYVER
Unit for rent at 57 S Fletcher Avenue, Fernandina Beach, FL, 32034

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,025 ft²
57 S Fletcher Avenue #UNITA2, Fernandina Beach, FL, 32034 Listing by JATIN B PATEL

Rentals Near You

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

Listed by: TINA C SMITH, ISLAND LIFE REALTY AMELIA, LLC.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1105407
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 508 Dade Street built and last sold?
The property at 508 Dade Street was built in 2020 and last sold on Jun 15, 2021 for $589,900.
How much is this home worth?
The estimated value of the home located at 508 Dade Street is $0.
What are some comparable homes to 508 Dade Street?
There are currently no comparable homes to 508 Dade Street.
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