1 month on rocket

111 S 8th St, Fernandina Beach, FL, 32034

$374,900

0.12 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #2016602
Lot Size0.12 Acres
StatusActive

About 111 S 8th St

Here is a fantastic opportunity with a mixed-use commercial/residential lot. It's just a block away from Historic downtown Fernandina Beach which gives you significant advantages for business opportunities. It's in proximity of shops, restaurants, and the Amelia River which adds to the appeal of the location. The property is less than 2 miles from Main Beach with easy access to the beach. It is zoned C-3 which allows you to build your dream home & operate a business, giving you the opportunity for work-life balance. With this mixed-use zoning, you have the flexibility to design a property that suits your needs. You can create a storefront or office space on the ground floor while having a comfortable residence on the upper levels. With vacant land becoming scarce in Fernandina Beach, properties tend to increase in value. Investing in such a property can be a wise financial decision.

Property Details

Property Features

Listing Office:

  • Office Name: ANABASIS REALTY LLC
  • Listing Agent: ROBERT STEPHEN BAILEY II

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Historic
  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: Exit 373 head east on SR 200 about 9.7 miles, head over bridge onto Amelia Island SR 200 turns into S. 8th St., lot just between Beech St and Ash St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $374,900

Tax Information:

  • Annual Amount: $1,365
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fernandina Beach, FL.

Med. Sold Price

$579.3K

Med. Price/SqFt

$296

Avg. Days On Market

65

# of Sold Homes

51

111 S 8th St vs Fernandina Beach

31 DAYS ON ROCKET

-34 Days

$374,900

-$204.4K Less

KEY TAKEAWAY

This property is $204.4K less than the Median Sold Price in Fernandina Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2016602

Listing Office:

  • Office Name: ANABASIS REALTY LLC
  • Listing Agent: ROBERT STEPHEN BAILEY II

Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 8:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,365$70,000
2018$1,422$70,000
2017$1,535$77,000

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,190

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Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2577368
7
/10
  • Saint Marys Elementary School

  • 600 Osborne St

  • 6.59 miles

  • Public District Grades PK-5

school-card-donut-2577369
7
/10
  • Yulee Elementary School

  • 86063 Felmor Rd

  • 7.98 miles

  • Public District Grades 2-5

school-card-donut-2577370
6
/10
  • Mary Lee Clark Elementary School

  • 2900 Mickler Dr

  • 10.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,938. The majority of Fernandina Beach, FL residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 S 8th St

What is the listing price of this property?

The listing price of 111 S 8th St property is $374,900.

What type of property is this?

The property 111 S 8th St is land located in Fernandina Beach, Florida, 32034.

Is this property for sale now?

Active Listing: 111 S 8th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,365 (source: MLS/based on county public records data).

How much acreage is this property?

The property 111 S 8th St is 0.12 acres.
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Rocket Homes›Florida›Nassau County›Fernandina Beach›32034›111 S 8th St

This home is located at 111 S 8th St in Fernandina Beach, FL and zip code 32034. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $374,900.

In March 2024, from all listings sold in Fernandina Beach, FL there were more than 3 sold above asking price, over 41 sold below and more than 7 were sold right at the asked price. In March 2024 in Fernandina Beach, FL there were 3.9% more homes for sale than in February 2024. In March 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $579,369.

From Rocket Homes Real Estate and based on county public records data.

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