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$ 575,000
Est. payment /mo
Active
406 S 3RD ST Fernandina Beach, FL 32034
0.43 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 115744
HOA Y/N No
Lot Size 0.427 Acres
Acres 0.4272
Lot Dimensions 150x125
Property Sub-Type Residential
Property Description
This oversized parcel boasts a prime location in Fernandina Beach, within walking distance to downtown shops, dining, and the waterfront, along with a rare combination of size, zoning, and development potential—features increasingly hard to find. Offering 150' of frontage on 3rd Street and 125' of depth, the possibilities here are expansive.
The property is enhanced by an array of mature trees, creating a beautiful natural setting while still offering a clean slate for development. What truly sets this parcel apart is its subdivision potential. The lot can be divided into four separate parcels: a 75' x 125' homesite where the original residence once stood—ideal for a primary or investment single-family home—and an additional 75' x 125' portion that can be split into three 25' x 125' lots.
Zoned for Mixed Use (MU-1), the possibilities extend far beyond residential. This designation allows for a thoughtful blend of uses, including single-family and multi-family residences, professional or medical offices, and limited neighborhood commercial or personal service establishments. Whether you envision a boutique residential enclave, income-producing properties, live/work spaces, or a mixed-use concept, this property offers the flexibility to bring your vision to life.
The property is enhanced by an array of mature trees, creating a beautiful natural setting while still offering a clean slate for development. What truly sets this parcel apart is its subdivision potential. The lot can be divided into four separate parcels: a 75' x 125' homesite where the original residence once stood—ideal for a primary or investment single-family home—and an additional 75' x 125' portion that can be split into three 25' x 125' lots.
Zoned for Mixed Use (MU-1), the possibilities extend far beyond residential. This designation allows for a thoughtful blend of uses, including single-family and multi-family residences, professional or medical offices, and limited neighborhood commercial or personal service establishments. Whether you envision a boutique residential enclave, income-producing properties, live/work spaces, or a mixed-use concept, this property offers the flexibility to bring your vision to life.
Location
State FL
County Nassau
Area Ar 1 Island
Direction From 8th St heading towards downtown Fernandina, go left at the light at Gum St and follow to the right onto S 3rd. 1/2 mile on the right.
Interior
Fireplace No
Exterior
Fence Fenced
Water Access Desc Public
Present Use Vacant
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Tax ID 00-00-31-1800-0279-0012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Listed by THE EDWARDS COMPANY
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