531 S 8Th ST

Fernandina Beach, FL
$ 499,000 Beds 2 Baths 1.5 Sq 1,600
Monthly Estimate* How much can I afford?

Live just 1/2 MILE TO HISTORIC FERNANDINA BEACH and within walking distance to restaurants and shopping. This property is zoned for both commercial and residential use. Upstairs is a SWEET APARTMENT with private entrance/utilities and features granite kitchen counters, SS appliances, vinyl waterproof plank floors in living areas and wood floors in bedrooms. Use downstairs as YOUR WORK SPACE or lease it to PAY YOUR MORTGAGE! Commercial rentals are scarce here and this premier space could command income of over $1200/mth. Roof has 50-year coating done in 2016. Building can easily be re-faced for a more modern look and the treelined, fenced back yard gives a peaceful reprieve. With a little polish, this is a diamond property with great investment potential and at a price that is hard to find.

Single Family

  • Price
  • $ 499,000
  • Lot Size
  • Bedrooms
  • 2
  • Sqr Footage
  • 1,600
  • Full Bathrooms
  • 1
  • Year Built
  • 1950
  • Half Bathrooms
  • 1
  • City, Zip
  • Fernandina Beach
  • County
  • NASSAU
  • Style
  • Area
  • Fernandina Beach Downtown-West
  • MLS#
  • 1096202
  • Zip
  • 32034
Listing Provided by: CENTURY 21 JOHN T FERREIRA AND SON, INC.
Data Source: NEFMLS

Features

General

Approx Parcel Size Less than .25 Acre
CDD Fee Y/N No
Cooling Window/Wall Cooling
Days on Market 47
Full Baths 1
Gated Community No
HOA Fee No
Half Baths 1
Heating Window/Wall Heating
Interior Features Tile Floors, Vinyl Plank Flooring, Wood Floors
Legal Description METES & BOUNDS
Listing Area 410-FERNANDINA BEACH DOWNTOWN-WEST
New Construction Y/N No
Occupancy Negotiable, Tenant Occupied-Lease
Possible Financing Cash, Conventional
Property Type A
Region 40-NASSAU COUNTY
Road Frontage City Street
Status Active
Sub-Type Single Family Residence
Subdivision METES & BOUNDS
Utilities Sewer - Public, Water - Public
Waterfront No
Year Built 1950
Zoning Commercial, Residential

Interior Features

All Bedrooms Conform Yes
Approx. Heated Sqft 1600.00
Total Bathrooms 2.00
Total Bedrooms 2

Exterior Features

Exterior Slab
Exterior Wall Concrete
Fencing Fenced Rear
Lot Description Regular Lot, Sidewalks
Navigable to Ocean No
Parking Facilities No Covered Parking, Other Parking
Pool Y/N No Pool
Road Surface Asphalt Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Saint Augustine, FL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/23/2021 Listed $499,000

Property vs Zip Code Average in 32034

Price
AVG $1.05M
$500K
Visits
AVG 43
17
Year Built
AVG 1993
1950
Walkscore
AVG 31
66
Data Provided by Walkscore ® not using MLS data

Map

531 S 8Th ST Fernandina Beach, FL is a Single Family Home for sale at $499000 with 1600 sqft and a lot size of Acre(s). 531 S 8Th ST Fernandina Beach has 2 bedrooms, 1 baths and was built in 1950. The property's zip code is 32034 which is in Fernandina Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.