For SaleRisky Deal7 days on market
3150 S Fletcher Ave APT 201
3150 S Fletcher Ave APT 201, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$725,000
Listing Price
3150 S Fletcher Ave APT 201, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
7
Tax Assessed
$581k
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Emma Love Hardee Elementary School
3-5
0.9 mi away
6
Fernandina Beach High School
PK,3,8-12
1.7 mi away
N/A
Southside Elementary School
PK-2
1.7 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
beachfrontcondominiumcoastaloceanfrontswimming poolmulti-storystucco exteriorflat roofparking lotvacation propertyresort-styledunesscenic location
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.01%
Total ROI
89.4%
Cash Flow
$-133/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-133/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Fernandina Beach
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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $725,000 | $711 |
| 2021-09-21 | Sold | $505,000 | $495 |
| 2021-08-17 | Pending sale | $525,000 | $515 |
| 2021-07-31 | Listed for sale | $525,000 | $515 |
| 2021-03-24 | Listing removed | $0 | – |
| 2019-01-23 | Listing removed | $359,000 | $352 |
| 2018-12-27 | Listed for sale | $359,000 | $352 |
| 2003-09-16 | Sold | $295,000 | $289 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,291.37 | $580,650 |
| 2024 | $9,764.75 | $569,100 |
| 2023 | $9,112.76 | $467,775 |
| 2022 | $7,816.35 | $425,250 |
| 2021 | $5,888.79 | $309,750 |
| 2020 | $5,795.98 | $297,150 |
| 2019 | $5,869.95 | $284,592 |
| 2018 | $5,869.95 | $262,500 |
| 2017 | $5,282.23 | $235,200 |
| 2016 | $4,687.7 | $226,800 |
| 2015 | $4,591.96 | $224,700 |
| 2014 | $4,607.68 | $220,500 |
| 2013 | $0 | $210,000 |
| 2012 | $0 | $210,600 |
| 2011 | $0 | $210,600 |
| 2010 | $0 | $256,800 |
| 2009 | $0 | $299,250 |
| 2008 | $0 | $299,250 |
| 2005 | $0 | $200,000 |
| 2003 | $0 | $140,000 |
| 2002 | $0 | $140,000 |
| 2001 | $0 | $140,000 |
| 2000 | $0 | $140,000 |
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