For SaleRisky Deal105 days on market
2157 1st Ave
2157 1st Ave, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$1,100,000
Estimate®:$1,035,900
Listing Price
2157 1st Ave, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
105
Tax Assessed
$989k
Estimate®
$1036k
Market Rate
Rent Estimate
$4,398/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.
8
Emma Love Hardee Elementary School
3-5
0.8 mi away
6
Fernandina Beach High School
PK,3,8-12
1.8 mi away
N/A
Southside Elementary School
PK-2
1.8 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
stilt houseraised foundationcoastal styleterracotta exteriorwrap-around staircaseelevated porchtwo-car garagehip rooftropical landscapingasphalt shinglescolumnssunset backdropmulti-levelvinyl siding
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.21%
Total ROI
7.0%
Cash Flow
$-3,679/mo
DSCR
0.36
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,679/mo net cash flow with a 2.2% 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 |
|---|---|---|---|
| 2026-09-18 | Price change | $1,100,000 | $392 |
| 2026-08-17 | Price change | $1,195,000 | $426 |
| 2026-07-11 | Price change | $1,295,000 | $461 |
| 2026-06-11 | Listed for sale | $1,395,000 | $497 |
| 2010-06-02 | Sold | $525,000 | $187 |
| 2009-08-24 | Listing removed | $619,000 | $220 |
| 2009-05-01 | Price change | $619,000 | $220 |
| 2009-02-28 | Listed for sale | $699,000 | $249 |
| 2001-08-07 | Sold | $79,500 | $28 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,074.54 | $434,432 |
| 2024 | $6,971.59 | $422,189 |
| 2023 | $6,924.69 | $409,892 |
| 2022 | $6,533.15 | $397,953 |
| 2021 | $6,541.71 | $386,362 |
| 2020 | $6,605.87 | $381,028 |
| 2019 | $6,797.42 | $372,461 |
| 2018 | $6,797.42 | $365,516 |
| 2017 | $6,570.63 | $357,998 |
| 2016 | $6,303.58 | $350,635 |
| 2015 | $6,256.7 | $348,198 |
| 2014 | $6,293.65 | $327,248 |
| 2013 | $0 | $322,412 |
| 2012 | $0 | $323,722 |
| 2011 | $0 | $410,586 |
| 2010 | $0 | $411,584 |
| 2009 | $0 | $498,631 |
| 2008 | $0 | $514,338 |
| 2003 | $0 | $65,000 |
| 2002 | $0 | $55,000 |
| 2001 | $0 | $55,000 |
| 2000 | $0 | $55,000 |
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