$325,000
SOLD MAY 23, 2025

2775 Forest Ridge Dr Unit F5 Fernandina Beach, FL 32034

2 Beds
1 Bath
798 Sq Ft
$550/mo HOA Fee

Recently Sold

$407 Per Sq Ft

7% Below List Price

193 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Tennis Courts
  • Fernandina Beach Middle School Rated A-
  • Community Pool
  • Balcony

About This Home

As of May 2025

This lucrative resort rental finally has a few openings to schedule a tour! Be next to enjoy a home away from home or combo as a cash-producing rental. Enjoy beach life by owning this beautiful 2 BR/1BA charming condo on Amelia Island. This home features an upgraded kitchen with stainless steel appliances and modern cabinetry, a cozy living room, an inside laundry, easy-care flooring in the wet area, living room, and hallway. There's always an ocean breeze on the 2nd-floor balcony. The amenities include tennis courts, a community pool, a playground, a grill, and picnic areas. Close to shopping, restaurants, and golf courses, and located at the front of the complex with the shortest walking distance to the beach. The home is currently used as a licensed VRBO with excellent rental potential and is being sold fully furnished. This condo could be your next homestead, a second home, or an income-producing property. Schedule your showing today!

Last Agent to Sell the Property

Tina Roberts

FLORIDA HOMES REALTY & MORTGAGE License #3326839 Listed on: 10/17/2024

FLORIDA HOMES REALTY & MORTGAGE

Co-Listed By

SUSAN HUGHES

FLORIDA HOMES REALTY & MORTGAGE License #3210587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1983

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 798 Sq Ft Home
  • 2-Story Property
  • Furnished

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-128R-000F-0050

Community Details

Overview

  • Association fees include insurance, sewer, water
  • Forest Ridge Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,612

Year Built

Built in 1983

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: FLHOME
  • Co List Office Phone: 904-996-9115
  • Subdivision Name: Forest Ridge Village
  • Directions: Sadler Road to 1st Ave. Forest Ridge on Right.
  • Architectural Style: Two Story
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1983
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Furnished
  • Living Area: 798.0
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: Community
  • Disclosures: Deed Restriction, Licensed Vacation Rental
  • Construction Type: Frame
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Tennis Court(s), Pool
  • Association #2 Fee: 550.0
  • Association #2 Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Sewer, Water

Lot Info

  • Parcel #: 00-00-31-128R-000F-0050
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
May 22, 2025
Sold by
Fasel Bradden Wayne and Fasel Tracie Leigh
Bought by
Veatch Amyia Mae
Seller's Agent
Tina Roberts
FLORIDA HOMES REALTY & MORTGAGE
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.02%
Original Mortgage
$225,000
Outstanding Balance
$225,000
Interest Rate
6.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$120,042

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 4, 2020
Sold by
Riley Todd M
Bought by
Fasel Bradden Wayne and Fasel Tracie Leigh
Buyer's Agent
SUSAN HUGHES
FLORIDA HOMES REALTY & MORTGAGE
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$161,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 22, 2020
Sold by
Riley Todd M and Hashizume Juliana
Bought by
Fasel Bradden Wayne and Fasel Tracie Leigh
Buyer's Agent
SUSAN HUGHES
FLORIDA HOMES REALTY & MORTGAGE
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2018
Closed on
Apr 26, 2018
Sold by
Parker Michael W
Bought by
Riley Todd M and Hashizume Juliana
Seller's Agent
Joseph Parrish
SUMMER HOUSE REALTY
Buyer's Agent
Jenny Schaffer
SUMMER HOUSE REALTY
List Price
$189,000
Sold Price
$183,400
Premium/Discount to List
-$5,600
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$145,600
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Ottevaere Derek Henry
Bought by
Parker Michael W

Purchase Details

Closed on
Feb 27, 2014
Sold by
First Federal Bank Of Florida
Bought by
Ottevaere Derek Henry

Purchase Details

Closed on
Aug 2, 2013
Sold by
Pierce Susan C and Whicker Susan C
Bought by
First Federal Bank Of Florida

Purchase Details

Closed on
Jul 22, 2013
Sold by
Pierce Susan C and Whicker Susan C
Bought by
First Federal Bank Of Florida

Purchase Details

Closed on
Jul 29, 2005
Sold by
Gibson Rees and Gibson Sara
Bought by
Pierce Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2004
Sold by
Parsons Willard E and Parsons Patricia G
Bought by
Gibson Rees and Gibson Sara
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Landmark Title
Warranty Deed $325,000 Landmark Title
Warranty Deed -- None Listed On Document
Warranty Deed $215,000 Attorney
Warranty Deed -- None Listed On Document
Warranty Deed $183,400 Attorney
Warranty Deed $90,000 Attorney
Special Warranty Deed $88,000 Attorney
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $165,000 First American Title Ins Co
Warranty Deed $105,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Credit Line Revolving
Closed $225,000 Credit Line Revolving
Previous Owner $161,250 New Conventional
Previous Owner $161,250 New Conventional
Previous Owner $145,600 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $148,300 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $325,000 -4.1% $407 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/13/2025 04/13/25 Price Changed $339,000 -1.7% $425 / Sq Ft
11/16/2024 11/16/24 Price Changed $345,000 -1.4% $432 / Sq Ft
11/15/2024 11/15/24 For Sale $350,000 0.0% $439 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $350,000 +90.8% $439 / Sq Ft
12/17/2023 12/17/23 Off Market $183,400 -- --
06/02/2020 06/02/20 Sold $215,000 -8.5% $269 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $235,000 +28.1% $294 / Sq Ft
04/26/2018 04/26/18 Sold $183,400 0.0% $230 / Sq Ft
04/26/2018 04/26/18 Sold $183,400 -3.0% $230 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/08/2018 03/08/18 Pending -- -- --
02/25/2018 02/25/18 For Sale $189,000 0.0% $237 / Sq Ft
02/25/2018 02/25/18 For Sale $189,000 -- $237 / Sq Ft
Source: Amelia Island - Nassau County Association of REALTORS®

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 $4,612 $283,000 -- $283,000
2023 $4,612 $282,000 $0 $282,000
2022 $3,986 $243,000 $0 $243,000
2021 $3,555 $187,000 $0 $187,000
2020 $3,179 $163,000 $0 $163,000
2019 $3,070 $149,000 $0 $149,000
2018 $2,656 $135,000 $0 $0
2017 $2,332 $117,000 $0 $0
2016 $2,085 $103,000 $0 $0
2015 $1,061 $93,000 $0 $0
2014 $1,755 $85,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 110005

APN: 00-00-31-128R-000F-0050