For SaleRisky Deal45 days on market
3240 S Fletcher Ave APT 773
3240 S Fletcher Ave APT 773, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$815,000
Listing Price
3240 S Fletcher Ave APT 773, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
45
Tax Assessed
$627k
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
1.4 mi away
6
Fernandina Beach High School
PK,3,8-12
2.9 mi away
N/A
Southside Elementary School
PK-2
2.7 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
beachfrontcondominiummulti-storyocean viewcoastalmoderntennis courtsparking lotbalconiescommercial-styleresortpiervacation property
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.1%
Cash Flow
$-128/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-128/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 |
|---|---|---|---|
| 2026-08-09 | Listed for sale | $815,000 | $697 |
| 2022-07-12 | Sold | $749,000 | $640 |
| 2022-06-07 | Pending sale | $749,000 | $640 |
| 2022-06-01 | Listed for sale | $749,000 | $640 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $11,292.79 | $626,604 |
| 2024 | $11,357.17 | $620,400 |
| 2023 | $11,605.18 | $617,550 |
| 2022 | $8,284.76 | $407,459 |
| 2021 | $7,210.49 | $370,417 |
| 2020 | $6,891.84 | $336,743 |
| 2019 | $6,687.17 | $306,130 |
| 2018 | $6,687.17 | $335,800 |
| 2017 | $6,019.54 | $334,650 |
| 2016 | $5,581.19 | $230,000 |
| 2015 | $4,656.75 | $218,500 |
| 2014 | $4,480.53 | $212,750 |
| 2013 | $0 | $207,000 |
| 2012 | $0 | $240,500 |
| 2011 | $0 | $266,500 |
| 2010 | $0 | $300,300 |
| 2009 | $0 | $428,240 |
| 2008 | $0 | $450,775 |
| 2005 | $0 | $325,000 |
| 2003 | $0 | $210,000 |
| 2002 | $0 | $210,000 |
| 2001 | $0 | $175,000 |
| 2000 | $0 | $175,000 |
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