NOT LISTED FOR SALE

BLK 2 LOT 15 Gregg St Fernandina Beach, FL 32034

Estimated Value: $1,723,000 - $2,776,000

0.17 Acre
$14,015,708 Price per Acre
7,501 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $415,000

Est. 482% increase in value since last sale

Current estimated payment $14,799/month

403 Days on Market

Highlights

  • Ocean Front
  • Emma Love Hardee Elementary School Rated A-
  • No HOA

About This Lot

As of April 2019

Untapped potential on this gorgeous ocean front lot in American Beach! Located on Amelia Island's south end between the Omni Amelia Island Plantation & The Ritz-Carton. Beach access is a few steps away. Lots of possibilities to explore here with only a few ocean front lots left on the island. Apply to re-zone to RS2 for Residential use! The CG-AB zoning, (Commercial General-American Beach), has permitted uses & structures such as hotel, bed & breakfast, retail, restaurant, establishment selling alcoholic beverages for on-site consumption, and more, (per Nassau County, FL Code of Ordinances Article 16-A.01). For more information on zoning or the re-zoning process call the Nassau County Department of Planning and Economic Opportunity. 50' frontage. (Need more room? Consider purchasing the lot next door.) American Beach has Florida's largest dune "Nana", home of the famous "Beach Lady" & the beach front Burney Park! Owner/Seller is a Florida Licensed Realtor.

Last Agent to Sell the Property

Carey Dresser

BERKSHIRE HATHAWAY HomeServices HWREI License #3143010 Listed on: 02/20/2018

BERKSHIRE HATHAWAY HomeServices HWREI

Last Buyer's Agent

Carey Dresser

BERKSHIRE HATHAWAY HomeServices HWREI License #3143010 Listed on: 02/20/2018

BERKSHIRE HATHAWAY HomeServices HWREI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,688

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 150x50
  • Ocean Front
  • Property is zoned CG-AB

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • American Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-00-30-010A-0002-0150

Property Details

Property Type

Land

Est. Annual Taxes

$25,688

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.1722
  • Lot Size: 150x50
  • Road Surface Type: Paved
  • Subdivision Name: American Beach
  • Directions: I-95 North to Exit 373/Amelia Island. Come on the island over the Shave Bridge onto 8th St. & take first right at the light. Travel south on A.I. Parkway/A-1-A/First Coast Hwy, turn left onto Burney Road, left on Gregg St, Lot on right just past Lewis St.
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Other, Residential, See Remarks

Exterior Features

  • Disclosures: Deed Restriction

Utilities

  • Sewer: None
  • Utilities: Other, See Remarks, Sewer Not Available
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Other
  • Parcel #: 00-00-30-010A-0002-0150
  • Zoning: CG-AB
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 30, 2019
Sold by
Bernard Ruthene Hughes
Bought by
Morell Riet Matthias and Riet Matthias Morell Revocable Trust
Seller's Agent
Carey Dresser
BERKSHIRE HATHAWAY HomeServices HWREI
Buyer's Agent
Carey Dresser
BERKSHIRE HATHAWAY HomeServices HWREI
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Current Estimated Value
$2,413,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,998,505
Avg. Annual Appreciation
31.11%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Singh Shashi
Bought by
Bernard Ruthene Hughes
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
Morell Riet Matthias $415,000 Attorney
Bernard Ruthene Hughes $245,000 Stewart Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $415,000 -7.8% --
03/31/2019 03/31/19 Pending -- -- --
02/20/2018 02/20/18 For Sale $450,000 -- --
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 $25,688 $1,677,367 -- --
2023 $25,688 $1,628,512 $800,000 $828,512
2022 $19,242 $1,344,101 $675,000 $669,101
2021 $7,828 $450,000 $450,000 $0
2020 $6,476 $400,000 $400,000 $0
2019 $7,654 $650,000 $650,000 $0
2018 $5,390 $325,000 $0 $0
2017 $4,848 $325,000 $0 $0
2016 $4,503 $279,510 $0 $0
2015 $4,182 $254,100 $0 $0
2014 $4,003 $231,000 $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: 79511

APN: 00-00-30-010A-0002-0150