For SaleRisky Deal6 days on market
505 Cedar St
505 Cedar St, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$845,000
Estimate®:$831,500
Listing Price
505 Cedar St, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
6
Tax Assessed
$222k
Estimate®
$832k
Market Rate
Lot Size
3,049 sqft
Rent Estimate
$2,130/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.
N/A
Southside Elementary School
PK-2
0.8 mi away
6
Fernandina Beach High School
PK,3,8-12
1 mi away
10
Fernandina Beach Middle School
6-8
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
coastal cottagewhite wood sidingfront porchcovered carportbrick paver walkwaygravel drivewaygable roofcharmingcozyresidentialtraditionallow country stylelandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.47%
Total ROI
-9.2%
Cash Flow
$-3,349/mo
DSCR
0.24
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,349/mo net cash flow with a 1.5% 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $845,000 | $946 |
| 2026-09-16 | Listing removed | $0 | – |
| 2026-08-22 | Listed for sale | $875,000 | $980 |
| 2023-06-27 | Sold | $300,000 | $336 |
| 2023-05-30 | Pending sale | $310,000 | $347 |
| 2023-05-10 | Price change | $310,000 | $347 |
| 2023-03-28 | Listed for sale | $325,000 | $364 |
| 2022-09-28 | Sold | $305,000 | $342 |
| 2022-09-06 | Pending sale | $325,000 | $364 |
| 2022-09-02 | Listed for sale | $325,000 | $364 |
| 2022-02-28 | Sold | $275,000 | $308 |
| 2022-02-08 | Pending sale | $295,000 | $330 |
| 2022-02-07 | Listed for sale | $295,000 | $330 |
| 2021-06-22 | Listing removed | $0 | – |
| 2021-03-09 | Listed for sale | $275,000 | $308 |
| 2021-02-19 | Listing removed | $0 | – |
| 2020-12-02 | Listed for sale | $275,000 | $308 |
| 2017-09-01 | Sold | $120,000 | $134 |
| 2016-05-25 | Sold | $100,000 | $112 |
| 2016-04-22 | Listed for sale | $125,000 | $140 |
| 2012-05-03 | Listing removed | $81,900 | $92 |
| 2012-03-05 | Listed for sale | $81,900 | $92 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,899.07 | $222,428 |
| 2024 | $3,547.52 | $193,788 |
| 2023 | $3,601.26 | $191,635 |
| 2022 | $2,533.69 | $128,293 |
| 2021 | $2,275.61 | $116,630 |
| 2020 | $2,068.09 | $106,027 |
| 2019 | $2,008.04 | $97,458 |
| 2018 | $2,008.04 | $91,737 |
| 2017 | $1,864.51 | $98,089 |
| 2016 | $1,954.97 | $85,548 |
| 2015 | $1,732.07 | $85,933 |
| 2014 | $1,762.12 | $80,806 |
| 2013 | $0 | $73,460 |
| 2012 | $0 | $73,937 |
| 2011 | $0 | $77,725 |
| 2010 | $0 | $76,718 |
| 2009 | $0 | $96,119 |
| 2008 | $0 | $100,582 |
| 2007 | $0 | $104,584 |
| 2006 | $0 | $80,282 |
| 2005 | $0 | $72,962 |
| 2004 | $0 | $58,562 |
| 2003 | $0 | $51,179 |
| 2002 | $0 | $50,212 |
| 2001 | $0 | $37,078 |
| 2000 | $0 | $30,758 |
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