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Key Details
Sold Price $452,500
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 102681
Sold Date 08/07/23
HOA Y/N No
Lot Size 0.388 Acres
Acres 0.3881
Lot Dimensions x
Property Sub-Type Residential
Property Description
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.
Location
State FL
County Nassau
Area Ar 2 Island
Direction Go down Jasmine, Lot is on the right. By corner of Chad St
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available
Water Access Desc Public
Present Use Vacant
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Tax ID 00-00-31-1600-0173-0040
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Cash
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Bought with PINEYWOODS REALTY, LLC