1324 14Th StFernandina Beach, FL 32034

Property Details for 1324 14Th St

Year built

1970

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

1,290 SF

Zone code

CI

Property type

Office properties

Property subtype

Office buildings

APN

00-00-31-1800-0266-0051

APU

31180002660051

Description

This exceptional 1,290 square foot single-tenant office space is located at 1324 S 14th St, Fernandina Beach, FL 32034, in Nassau County. Situated on a high-traffic street, this Class B property boasts excellent visibility and is perfect for a variety of businesses. The building, renovated in 2020, is a single-story structure with no elevators. The interior features four individual office spaces, a spacious reception area, a full bathroom with a shower, a half bathroom, and a convenient kitchenette. An added benefit is the inclusion of an outdoor patio. The property's versatile layout makes it suitable for various professional services, retail operations, or other similar uses. The property type is listed as Retail and Office, and the subtype includes Traditional Office, Executive Office, and Medical Office. This move-in ready space presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located office in the heart of Fernandina Beach. The property is easily accessible from S 14th Street.

• CAP approach

  CAP return

  Valuation

  6%

  $206,400

  6.5%

  $190,523

  7%

  $176,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $87,733

  Geo Method

  $87,733

• Alternative Use

  Use

  Valuation

  Residential

  $236,249

  Hospitality

  $216,402

  Educational

  $180,044

  Medical

  $186,236

  Retail

  $280,069

Location Insight

City

Fernandina Beach

County

Nassau

State

Florida

Latitude

30.6527

Longitude

-81.4535

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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