For SaleNeutral Deal0 days on market
1132 N Fletcher Ave
1132 N Fletcher Ave, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$2,400,000
Listing Price
1132 N Fletcher Ave, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
0
Tax Assessed
$350k
Lot Size
5,227 sqft
Type
single family
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.
6
Fernandina Beach High School
PK,3,8-12
1.7 mi away
10
Fernandina Beach Middle School
6-8
1.4 mi away
N/A
Southside Elementary School
PK-2
2.4 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
coastalmodern beach housemulti-storywhite lap sidingattached garagedual balconiesporthole windowspaver drivewaypergolavacation rentallandscapedbright and airyraised foundation
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.65%
Total ROI
103.4%
Cash Flow
$845/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $845/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $2,400,000 | $798 |
| 2021-04-20 | Sold | $340,000 | $113 |
| 2021-02-20 | Price change | $369,000 | $123 |
| 2020-08-11 | Listed for sale | $398,000 | $132 |
| 2020-05-13 | Listing removed | $398,000 | $132 |
| 2019-11-16 | Price change | $398,000 | $132 |
| 2019-08-08 | Listed for sale | $425,000 | $141 |
| 2017-07-26 | Sold | $335,000 | $111 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,745.79 | $350,000 |
| 2024 | $5,508.89 | $350,000 |
| 2023 | $4,698.08 | $250,000 |
| 2022 | $4,595.16 | $250,000 |
| 2021 | $3,711.23 | $176,274 |
| 2020 | $3,437.32 | $160,249 |
| 2019 | $6,077.67 | $282,520 |
| 2018 | $6,077.67 | $256,836 |
| 2017 | $5,220.07 | $207,057 |
| 2016 | $4,123.07 | $187,980 |
| 2015 | $3,941.22 | $170,891 |
| 2014 | $3,661.45 | $177,289 |
| 2013 | $0 | $177,889 |
| 2012 | $0 | $173,746 |
| 2011 | $0 | $174,351 |
| 2010 | $0 | $189,834 |
| 2009 | $0 | $270,454 |
| 2008 | $0 | $271,287 |
| 2007 | $0 | $320,250 |
| 2006 | $0 | $232,892 |
| 2005 | $0 | $178,932 |
| 2004 | $0 | $141,432 |
| 2003 | $0 | $95,950 |
| 2002 | $0 | $93,918 |
| 2001 | $0 | $66,846 |
| 2000 | $0 | $55,216 |
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