Maximize the Live Local Act on this prime 1.62-acre site, a rare commercial gem on Amelia Island. With 579' of frontage on A1A, this parcel is the ultimate gateway to Fernandina Beach, offering the scale needed for high-density mixed-use development.
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.
Subdivision:
City Of Fernandina Beach
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Lot Description:
Split Possible
Amenities:
Fishing, Restaurant, Airport/Runway
1315 S 8TH Street, Fernandina Beach, FL, 32034
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
