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Nassau 32034
85325 FALL RIVER Parkway
$550,000
● House - Off Market

85325 FALL RIVER Parkway

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,450 Ft²
$566,435
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

LAKEFRONT HOME with elegant open concept split bedroom plan with Primary and 2 BR's on the main level and 4th BR and large bonus room upstairs, & 3 car garage. Home features a welcoming entrance w/covered front porch, spacious with 9' ceilings, 8' doors, gourmet kitchen w/Quartz countertops, an oversized walk in shower and four panel multi-slide glass doors that opens to the screened, covered patio overlooking the lake. The Premium technology pkg completes this home. Amelia Walk is centrally located in Nassau County, off the Amelia Concourse. Convenience is key, 15 mins to the beaches and historic Fernandina, 25 mins to JAX International Airport, 5 mins to nearby shopping and dining. Amelia Walk offers a relaxed, upscale residential neighborhood
Unit Size
2,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
$7
Year Built
2022

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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: 2 years ago (Real MLS #1225777)

Price History

Date / Event Date Event Price
Oct 2, 2023 Sold
Premium
Sold
May 5, 2023 Listed by WATSON REALTY CORP $569,990
Listed by WATSON REALTY CORP
Nov 7, 2022 Listed by WATSON REALTY CORP $587,990
Listed by WATSON REALTY CORP
May 24, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 9
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,294
  • Total Building Area: 3,713
  • Gross Building Area: 3,713
  • Building Area: 3,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMPTON LAKES
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 78 HAMPTON LAKES PHASE IV-B OR 2320/460

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050309

Zoning

  • Zoning: PUD

Geography

  • Subdivision Phase Number: 4
  • Parcel: 13-2N-27-0723-0078-0000
  • Lot: 78
  • Meridian: SEC 24 TWN 02N RNG 27E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.5817
  • Longitude: -81.5512

    Address

  • Full Address: 85325 Fall River Pkwy
  • Address - House Number: 85325
  • Address - Street Name: Fall River
  • Address - Suffix Type: Pkwy
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 0169
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 3,312
  • Tax Year: 2023
  • Tax Amount: $1,125,223
  • Tax Rate Code Area: 004

    Market Valuation

  • Market Total Value: $489,492
  • Market Land Value: $75,000
  • Market Improvement Value: $414,492

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $489,492
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $414,492

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 29842
  • Previous Sale Recording Date: May 24, 2021
  • Previous Sale Contract Date: May 21, 2021
  • Previous Sale Amount: $5,278,934
  • Previous Sale Document Type: 68
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:

$477,997

Sale Price/ft²

$238

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2174 ft²

Average Home Age

17.7 years

Currently For Sale

482 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 85041 Patricia Court, Fernandina Beach, FL, 32034

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,352 ft²
85041 Patricia Court, Fernandina Beach, FL, 32034 Listing by HOWARD CLOSS

Rentals Near You

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

Listed by: HAZEL PREUSS, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1225777
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 85325 Fall River Parkway built and last sold?
The property at 85325 Fall River Parkway was built in 2022 and last sold on Sep 29, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 85325 Fall River Parkway is $575,484.
What are some comparable homes to 85325 Fall River Parkway?
There are currently no comparable homes to 85325 Fall River Parkway.
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