For SaleRisky Deal5 days on market
382 S Fletcher Ave
382 S Fletcher Ave, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$750,000
Listing Price
382 S Fletcher Ave, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
5
Type
condo
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.
6
Fernandina Beach High School
PK,3,8-12
0.9 mi away
10
Fernandina Beach Middle School
6-8
0.8 mi away
N/A
Southside Elementary School
PK-2
1.5 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
multi-story condominiumstucco exteriorcoastal architectureprivate balconiestropical landscapingpalm treesresidential buildingvacation rentalwell-maintainedpet-friendlyoutdoor walkwaystile roofresort-style aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.81%
Total ROI
85.2%
Cash Flow
$-259/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-259/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $750,000 | $732 |
| 2021-07-19 | Listing removed | $0 | – |
| 2021-07-19 | Price change | $699,999 | $684 |
| 2021-06-30 | Listed for sale | $695,000 | $679 |
| 2017-05-31 | Listing removed | $429,900 | $420 |
| 2017-04-03 | Listed for sale | $429,900 | $420 |
| 2016-11-30 | Listing removed | $415,000 | $405 |
| 2016-08-31 | Listed for sale | $415,000 | $405 |
| 2012-08-07 | Listing removed | $450,000 | $439 |
| 2012-07-02 | Listed for sale | $450,000 | $439 |
| 2011-10-22 | Listing removed | $350,000 | $342 |
| 2011-03-02 | Price change | $350,000 | $342 |
| 2011-02-25 | Price change | $350 | – |
| 2010-01-26 | Price change | $350,000 | $342 |
| 2009-09-14 | Price change | $409,000 | $399 |
| 2009-05-16 | Listed for sale | $425,000 | $415 |
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