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Lot/land
  • Price cut: $25K (6/26)
    $575,000

    406 S 3rd St, Fernandina Beach, FL 32034

    --beds
    --baths
    0.43Acres
    Unimproved Land
    Built in ----
    0.43 Acres Lot
    $642,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Beautiful natural settingOversized parcelArray of mature trees
    This oversized parcel boasts a prime location in Fernandina Beach, within walking distance to downtown shops, dining, and the waterfront, along with a rare combination of size, zoning, and development potential—features increasingly hard to find. Offering 150' of frontage on 3rd Street and 125' of depth, the possibilities here are expansive. The property is enhanced by an array of mature trees, creating a beautiful natural setting while still offering a clean slate for development. What truly sets this parcel apart is its subdivision potential. The lot can be divided into four separate parcels: a 75' x 125' homesite where the original residence once stood—ideal for a primary or investment single-family home—and an additional 75' x 125' portion that can be split into three 25' x 125' lots. Zoned for Mixed Use (MU-1), the possibilities extend far beyond residential. This designation allows for a thoughtful blend of uses, including single-family and multi-family residences, professional or medical offices, and limited neighborhood commercial or personal service establishments. Whether you envision a boutique residential enclave, income-producing properties, live/work spaces, or a mixed-use concept, this property offers the flexibility to bring your vision to life.
    80 days
    |
    109
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Edwards 904-556-6328,

    THE EDWARDS COMPANY

    Source: AINCAR,MLS#: 115744MLS LogoOriginating MLS: Amelia Island-Nassau County Assoc of Realtors Inc

      Facts & features

      Property

      Features
      • Fencing: Fenced
      • Frontage length: 150,150
      Lot
      • Size: 0.43 Acres
      • Dimensions: 150 x 125
      Details
      • Parcel number: 000031180002790012
      • Zoning: MU-1
      • Special conditions: None

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Fernandina Beach

      Financial & listing details

      • Tax assessed value: $577,322
      • Annual tax amount: $10,569
      • Date on market: 4/15/2026
      • Cumulative days on market: 81 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $642,000

        $520,000 - $790,000

        $2,383/mo

        Price history

        DateEventPrice
        6/26/2026Price change$575,000-4.2%
        Source: AINCAR #115744 Report a problem
        5/14/2026Price change$600,000-7.7%
        Source: AINCAR #115744 Report a problem
        4/15/2026Listed for sale$650,000+195.5%
        Source: AINCAR #115744 Report a problem
        8/15/2017Sold$220,000
        Source: realMLS #889978 Report a problem
        7/31/2017Pending sale$220,000
        Source: RE/MAX SPECIALISTS #889978 Report a problem
        7/4/2017Listed for sale$220,000
        Source: RE/MAX SPECIALISTS #889978 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,569 +48.8%$577,322 +88.2%
        2023$7,101 +16.9%$306,812 +10%
        2022$6,073 +14.2%$278,920 +10%
        2021$5,320 +13.7%$253,564 +10%
        2020$4,680 +5.8%$230,513 +10.8%
        2019$4,424 $208,115 +9.9%
        2018$4,424 +14.9%$189,408 +162.7%
        2017$3,850 +1108%$72,113 +2.1%
        2016$319 +0.1%$70,630 +0.7%
        2015$318 -3.7%$70,139 +0.8%
        2014$330 $69,582 +1.5%
        2013-- $68,554 -11.5%
        2012-- $77,464 -37.6%
        2011-- $124,148 -6.3%
        2010-- $132,528 -3.8%
        2009-- $137,812 -13.6%
        2008-- $159,435 -31.6%
        2007-- $233,144 +373.2%
        2006-- $49,265 +3%
        2005-- $47,830 +3%
        2004-- $46,437 +1.9%
        2003-- $45,571 +2.4%
        2002-- $44,503 +1.6%
        2001-- $43,802 +3%
        2000-- $42,526

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32034

        Getting around

        66 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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