$610,000
SOLD FEB 25, 2025

402 S 11th St Unit A, B, C Fernandina Beach, FL 32034

6 Beds
3 Baths
1,902 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

13% Below List Price

153 Days on Market

About This Home

As of February 2025

Welcome to this Outstanding Triplex! A unique gem in today's market! This property has been thoughtfully renovated, providing contemporary amenities and an exceptional living experience. This motivated seller has all the units leased, presenting a great investment opportunity. The upstairs unit features 3 bedrooms and 1 bathroom, while Downstairs Unit A includes 2 bedrooms and 1 bathroom, and Unit B offers 1 bedroom and 1 bathroom. Roof was replaced in 2022 and HVAC in 2021.

Last Agent to Sell the Property

PETER NASIF

FLORIDA HOMES REALTY & MTG LLC License #3577274 Listed on: 08/20/2024

FLORIDA HOMES REALTY & MTG LLC

Co-Listed By

Stavros Mallios

FLORIDA HOMES REALTY & MTG LLC License #3517036

Last Buyer's Agent

PETER NASIF

FLORIDA HOMES REALTY & MTG LLC License #3577274 Listed on: 08/20/2024

FLORIDA HOMES REALTY & MTG LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1900

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 1,902 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Fernandina Beach Middle School
  • Fernandina Beach High School

Additional Features

  • 4,356 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • City Of Fernandina Beach Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0000311800021501A1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Year Built: 1900
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.1
  • Subdivision Name: City Of Fernandina Beach
  • Carport Y N: No
  • Garage Yn: No
  • General Property Information Living Area2: 1902.0
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • General Property Information Furnished: Unfurnished
  • General Property Information Stories Total: 2
  • General Property Information Lot Size Acres: 0.1
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Units Total2: 3.0
  • General Property Information Carport YN: No
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 1902.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Lot Features: Other
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other10: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Schools

  • High School: Fernandina Beach
  • Middle Or Junior School: Fernandina Beach

Lot Info

  • Current Use: Investment, Multi-Family
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 0000311800021501A1
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4147.9
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Feb 24, 2025
Sold by
Cecil Jean Investments Llc
Bought by
Kennedy Andrew
Seller's Agent
PETER NASIF
FLORIDA HOMES REALTY & MTG LLC
Buyer's Agent
PETER NASIF
FLORIDA HOMES REALTY & MTG LLC
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Views
60
Current Estimated Value
$569,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,667
Avg. Annual Appreciation
-10.69%
Original Mortgage
$609,160
Outstanding Balance
$606,654
Interest Rate
7.04%
Mortgage Type
VA
Estimated Equity
-$37,321

Purchase Details

Closed on
Mar 31, 2021
Sold by
Quale David and Brannon Quale Amy
Bought by
Cecil Jean Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,890
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2011
Sold by
Compass Bank
Bought by
Quale David and Brannon Quale Amy

Purchase Details

Closed on
Mar 25, 2010
Sold by
Mathurin Marie and Mathurin Jean Luc
Bought by
Compass Bank

Purchase Details

Closed on
Aug 31, 2004
Sold by
Richo Linda
Bought by
Mathurin Jean Luc and Mathurin Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.01%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $610,000 Omega National Title Agency
Warranty Deed $610,000 Omega National Title Agency
Warranty Deed $259,000 Advantage Title
Corporate Deed $60,000 Homeguard Title & Trust Llc
Trustee Deed -- Attorney
Trustee Deed -- None Available
Warranty Deed $170,000 Osceola Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $609,160 VA
Closed $609,160 VA
Previous Owner $250,890 Commercial
Previous Owner $119,000 New Conventional
Previous Owner $72,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $233,600 Unknown
Previous Owner $102,000 Stand Alone First
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $610,000 -7.4% $321 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $659,000 -1.5% $346 / Sq Ft
10/24/2024 10/24/24 Price Changed $669,000 -3.6% $352 / Sq Ft
10/19/2024 10/19/24 Price Changed $694,000 -0.7% $365 / Sq Ft
08/20/2024 08/20/24 For Sale $699,000 -- $368 / Sq Ft
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 $4,148 $343,485 $94,600 $248,885
2023 $4,148 $241,569 $86,000 $155,569
2022 $3,506 $190,731 $68,800 $121,931
2021 $3,506 $149,850 $51,600 $98,250
2020 $2,336 $141,903 $43,000 $98,903
2019 $2,065 $100,665 $30,100 $70,565
2018 $1,848 $90,910 $0 $0
2017 $1,730 $86,820 $0 $0
2016 $1,606 $79,313 $0 $0
2015 $1,550 $75,592 $0 $0
2014 $1,492 $70,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2043305

realMLS (Northeast Florida Multiple Listing Service)

APN: 00-00-31-1800-0215-01A1