UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 70,567 sqft
Price per Sqft $31
Subdivision City Of Fernandina Beach
MLS Listing ID 2123021
HOA Y/N No
Annual Tax Amount $10,798
Lot Size 1.620 Acres
Acres 1.62
Property Sub-Type Unimproved Land
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Nassau County is facing a critical housing gap; currently, only 44% of the local workforce lives in the county, with thousands of essential workers commuting hours due to a lack of attainable housing. With median home values at $669,620 and an 8% population surge, the demand for workforce units is at an all-time high.
Zoned Commercial Intensive (CI) in unincorporated Nassau County, you benefit from lower taxes and the strategic option to annex into the City of Fernandina Beach for municipal utilities. By dedicating units to workforce housing, you can bypass local density/height caps and secure substantial property tax exemptions. Capitalize on this development-ready site where luxury demand meets a desperate need for housing.
Location
State FL
County Nassau
Community City Of Fernandina Beach
Area 440-Fernandina Beach Downtown-South
Direction From I-95, take Exit 373 for FL-200/A1A East toward Fernandina Beach. Continue approximately 15 miles, crossing the Intracoastal Waterway onto Amelia Island. Turn left onto S 8th Street (A1A). Follow S 8th Street north for approximately 1.5 miles. The property will be on your left, just past the intersection of S 8th St and Hickory St.
Exterior
Fence Other
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Private Pool No
Building
Lot Description Split Possible
Others
Senior Community No
Tax ID 000031180003080050
Acceptable Financing Cash, Lease Back
Listing Terms Cash, Lease Back
GET MORE INFORMATION