For SaleRisky Deal12 days on market
85617 Fall River Pkwy
85617 Fall River Pkwy, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$549,999
Estimate®:$531,400
Listing Price
85617 Fall River Pkwy, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
12
Tax Assessed
$548k
Estimate®
$531k
Market Rate
Lot Size
0.30 acres
Rent Estimate
$3,863/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Yulee High School
5,9-12
2.6 mi away
9
Yulee Middle School
6-8
2.6 mi away
9
Yulee Elementary School
3-5
4.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyvinyl sidingattached garagesuburbancontemporaryshingle roofmanicured lawnlandscaped shrubberydrivewaycovered entrygable roofneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.91%
Total ROI
65.6%
Cash Flow
$-602/mo
DSCR
0.79
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-602/mo net cash flow with a 4.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Fernandina Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $549,999 | $192 |
| 2025-06-11 | Listing removed | $584,900 | $204 |
| 2025-03-17 | Price change | $584,900 | $204 |
| 2025-01-05 | Price change | $589,900 | $206 |
| 2024-12-10 | Listed for sale | $594,900 | $208 |
| 2021-10-18 | Sold | $405,800 | $142 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,518.8 | $443,198 |
| 2024 | $10,442.28 | $430,707 |
| 2023 | $10,017.11 | $418,162 |
| 2022 | $9,414.49 | $405,983 |
| 2021 | $4,514.46 | $40,000 |
| 2020 | $3,956.05 | $14,661 |
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