For SaleRisky Deal59 days on market
993 Chad St
993 Chad St, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$409,000
Estimate®:$397,600
Listing Price
993 Chad St, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
59
Tax Assessed
$316k
Estimate®
$398k
Market Rate
Lot Size
4,792 sqft
Rent Estimate
$2,565/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
0.4 mi away
6
Fernandina Beach High School
PK,3,8-12
0.4 mi away
10
Fernandina Beach Middle School
6-8
0.6 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
Single Family Residence2004Heat PumpHeat Pump1 Garage space4,791 sqft59 Days$305
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.44%
Total ROI
55.3%
Cash Flow
$-610/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-610/mo net cash flow with a 4.4% 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 | Price change | $409,000 | $305 |
| 2026-07-27 | Listed for sale | $419,000 | $312 |
| 2021-09-07 | Sold | $299,000 | $223 |
| 2018-01-06 | Listing removed | $1,200 | $1 |
| 2017-12-28 | Listed for rent | $1,200 | $1 |
| 2009-09-10 | Listing removed | $164,900 | $123 |
| 2009-05-01 | Price change | $164,900 | $123 |
| 2008-06-26 | Listed for sale | $219,900 | $164 |
| 2004-09-03 | Sold | $143,800 | $107 |
| 2003-08-29 | Sold | $305,000 | $227 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,198.76 | $274,863 |
| 2024 | $4,132.8 | $267,117 |
| 2023 | $4,095.43 | $259,337 |
| 2022 | $4,180.76 | $269,970 |
| 2021 | $3,672.62 | $187,862 |
| 2020 | $3,424.14 | $170,784 |
| 2019 | $3,302.08 | $155,258 |
| 2018 | $3,302.08 | $141,144 |
| 2017 | $2,868.68 | $141,773 |
| 2016 | $2,798.02 | $127,001 |
| 2015 | $2,676.02 | $115,455 |
| 2014 | $2,466.85 | $104,959 |
| 2013 | $0 | $105,369 |
| 2012 | $0 | $114,245 |
| 2011 | $0 | $145,731 |
| 2010 | $0 | $132,483 |
| 2009 | $0 | $159,928 |
| 2008 | $0 | $164,416 |
| 2007 | $0 | $167,916 |
| 2006 | $0 | $149,264 |
| 2005 | $0 | $120,920 |
| 2003 | $0 | $7,000 |
| 2002 | $0 | $7,000 |
| 2001 | $0 | $7,000 |
| 2000 | $0 | $7,000 |
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