For SaleNeutral Deal8 days on market
653 S 7th St
653 S 7th St, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$699,000
Estimate®:$694,300
Listing Price
653 S 7th St, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
8
Tax Assessed
$213k
Estimate®
$694k
Market Rate
Lot Size
5,000 sqft
Rent Estimate
$3,232/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
0.5 mi away
6
Fernandina Beach High School
PK,3,8-12
0.9 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
craftsmancoastalgabled roofshingle sidinghorizontal lap sidingcovered front porchdouble front doorsmetal roofpaver drivewaysymmetrylight gray exteriorresidentialcurb appealnew construction
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.49%
Total ROI
100.0%
Cash Flow
$155/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $155/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • 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 |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $699,000 | $368 |
| 2026-08-21 | Listing removed | $699,000 | $368 |
| 2026-05-06 | Listed for sale | $699,000 | $368 |
| 2024-05-29 | Sold | $400,000 | $211 |
| 2004-12-14 | Sold | $120,000 | $63 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,829.72 | $212,500 |
| 2024 | $1,830.65 | $200,000 |
| 2023 | $3,318.4 | $85,743 |
| 2022 | $2,379.53 | $77,948 |
| 2021 | $2,106.52 | $70,862 |
| 2020 | $1,659.56 | $64,420 |
| 2019 | $1,534.55 | $58,564 |
| 2018 | $1,534.55 | $88,000 |
| 2017 | $1,301.66 | $88,000 |
| 2016 | $1,225.92 | $44,000 |
| 2015 | $999.55 | $40,000 |
| 2014 | $820.23 | $40,000 |
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