See Home Value
Yulee 32097
85240 MEGAN Street
$113,500
● House - Off Market

85240 MEGAN Street

Yulee, FL 32097
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$462
Est. Monthly
26.40%
Cap Rate

About This Property

Opportunity Knocks in Yulee! Over 1 Acre with Utilities-Priced Near Land Value

Don't miss this rare chance to own just over an acre on a paved road in desirable Nassau County, near a growing new construction community. Located in an established residential area, this property is ideal for investors, builders, or anyone seeking a value-add opportunity.

Existing well and septic system on site, saving thousands in infrastructure costs. A mobile home is present but in poor condition and not considered rehab-worthy.

The property is in foreclosure. There may be a subject-to opportunity for investors. The existing mortgage is around $62K, with a 7-8% interest rate, plus attorney/court costs. The list price reflects mainly land value and covers fees and related expenses.

With Yulee's continued growth and strong demand in Nassau County, this is perfect for land banking, buy-and-hold, or a future flip.

Buyer to verify all details. Call for a no-pressure consultation. Drive-by only.
Unit Size
1,344 Ft²
Days on Market
32 days
Land Size
1.01 acres
Price per sqft
$67
Property Type
House
Property Taxes
$20
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

Last updated: 2 years ago (Real MLS #2100535)

Price History

Date / Event Date Event Price
Aug 26, 2025 Sold
Sold
Aug 5, 2025 In contract -
In contract
Jul 24, 2025 Listed by COOL REALTY LLC $90,000
Listed by COOL REALTY LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,779
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YULEE WOODS #3
  • Land Acres: 0000001005
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: BLOCK 3 LOT 4 IN OR 1316/1386 R433998 & R433999 YULEE WOODS #3 PB 5/239

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050304

Zoning

  • Zoning: OR

Geography

  • Subdivision Tract Number: 4
  • Parcel: 42-2N-27-4613-0003-0040
  • Block: 3
  • Lot: 4
  • Meridian: SEC 42 TWN 02N RNG 27E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.6076
  • Longitude: -81.5766

    Address

  • Full Address: 85240 Megan St
  • Address - House Number: 85240
  • Address - Street Name: Megan
  • Address - Suffix Type: St
  • State: FL
  • City Name: Yulee
  • Carrier Code: H013
  • 4-Digit Zip Code: 7248
  • Zip Code: 32097

Valuation

    Tax

  • Total Area: 1,374
  • Tax Year: 2023
  • Tax Amount: $22,466
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.4607
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 7
  • Final Value: 100,141
  • High Value: 146,278
  • Low Value: 54,003

    Market Valuation

  • Market Total Value: $114,021
  • Market Land Value: $80,000
  • Market Improvement Value: $34,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,076

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Yulee


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Frequently Asked Questions

When was property at 85240 Megan Street built and last sold?
The property at 85240 Megan Street was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 85240 Megan Street is $102,652.
What are some comparable homes to 85240 Megan Street?
There are currently no comparable homes to 85240 Megan Street.