NOT LISTED FOR SALE

0 Jasmine St Unit 1201782 Fernandina Beach, FL 32034

Estimated Value: $570,000

0.39 Acre
$1,461,538 Price per Acre
16,988 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $452,500

Est. 26% increase in value since last sale

Current estimated payment $3,238/month

190 Days on Market

Highlights

  • Wooded Lot
  • Fernandina Beach Middle School Rated A-
  • No HOA

About This Lot

As of August 2023

R3 ZONING, 6 UNITS capability! Very rare opportunity to own an R3 (Short term rental allowable) lot on Island near the beach and downtown Fernandina. Lot fronts Jasmine St and S Sixteenth St. Seller has started the engineering process and has documents to support subdividing the lot to accommodate six multi family units. Lot has access to sewer and city water. No HOA! Seller has completed the due diligence study and according to CoFB rules: the site is appropriate for a maximum of 6 condos or apartments units, or 5 fee simple townhouse units, or 4 detached single family residences. This is truly a rare piece of property and has an abundance of opportunities.

Last Agent to Sell the Property

Peter Purko

SUMMER HOUSE REALTY License #3440264 Listed on: 08/07/2023

Last Buyer's Agent

Tina Smith

PINEYWOODS REALTY LLC License #3392444

PINEYWOODS REALTY LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,404

Lot Details

  • 0.39 Acre Lot
  • Wooded Lot
  • Zoning described as Condominium

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Amelia Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000031160001730040

Property Details

Property Type

Land

Est. Annual Taxes

$1,404

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.39
  • Road Surface Type: Asphalt
  • Subdivision Name: Amelia Island
  • General Property Information Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Acres: 0.39
  • Utilities Electricity Available: Yes
  • Utilities Sewer Not Available: Yes
  • Utilities Water Not Available: Yes
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Lot Features: Wooded
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Not Available, Water Not Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Multi-Family, Single Family
  • Lot Size Sq Ft: 16988.4
  • Parcel #: 000031160001730040
  • Zoning Description: Condominium
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Aug 7, 2023
Sold by
Steve Head Llc
Bought by
Jasmine Street Llc
Seller's Agent
Peter Purko
SUMMER HOUSE REALTY
Buyer's Agent
Tina Smith
PINEYWOODS REALTY LLC
List Price
$550,000
Sold Price
$452,500
Premium/Discount to List
-$97,500
-17.73%
Current Estimated Value
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,500
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
May 1, 2007
Sold by
Steve Head Construction Inc
Bought by
Steve Head Llc

Purchase Details

Closed on
Oct 28, 2004
Sold by
Long Vernon and Long Marylee W
Bought by
Steve Head Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jasmine Street Llc $452,500 None Listed On Document
Jasmine Street Llc $452,500 None Listed On Document
Steve Head Llc -- None Available
Steve Head Construction Inc $100,000 Olde Towne Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steve Head Construction Inc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $452,500 -17.7% --
06/02/2023 06/02/23 Pending -- -- --
11/23/2022 11/23/22 For Sale $550,000 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,404 $375,000 $375,000 --
2023 $1,404 $100,000 $100,000 $0
2022 $1,270 $100,000 $100,000 $0
2021 $1,020 $60,000 $60,000 $0
2020 $983 $60,000 $60,000 $0
2019 $865 $42,000 $42,000 $0
2018 $854 $42,000 $0 $0
2017 $837 $42,000 $0 $0
2016 $850 $42,000 $0 $0
2015 $861 $42,000 $0 $0
2014 $867 $42,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1201782

realMLS (Northeast Florida Multiple Listing Service)

APN: 00-00-31-1600-0173-0040