Work directly with Krista on any home here · Broker Associate · 20+ years · 500+ closings · Christie's International Real Estate First Coast

This home is in Fernandina Beach.

1 / 16

Pending

Pending·746 days on market

1015 Atlantic Avenue 408

Fernandina Beach, FL 32034

$1,049,900$901/sqftEst. $5,353/moMLS# 2038123

Beds

Baths

1,165

Sq Ft

2025

Built

Garage

Pool

About this home

Fernandina Beach

Welcome to ''Park Place on Atlantic'' an extraordinary luxury 32-unit condominium development situated in the heart of Fernandina Beach, FL. 1.6 miles to the pristine sands of the Atlantic Ocean and 2 blocks to Centre Street, this exclusive community offers a lifestyle of unparalleled sophistication and convenience. Each unit is equipped with top-of-the-line appliances, premium finishes, and smart home technology to enhance the convenience and efficiency of modern living. Exclusive amenities include a resort-style pool with jetted spa, a state-of-the-art fitness facility, a rooftop terrace, and covered parking. Whether you're seeking a permanent residence or a vacation retreat, this exceptional development promises a lifestyle of luxury, comfort, and unparalleled convenience. Come home to ''Park Place on Atlantic''!

Cost to own

Mortgage calculator

Home Price

$1,049,900

Down Payment: 20%

$209,980

Interest Rate: 6.58%

Loan Term

Monthly Payment

$5,353

Principal & Interest: $5,353

Property taxes (est.): $1,449

Insurance (est.): $700

Estimated Total Monthly

$7,502

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.58% · 30yr$5,353

Property taxesest. at asking price, Nassau County$1,449

HOAbilled monthly$848

Estimated total, before insurance$7,651/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Last sold: $2,000,000 in October 2023(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$720,000	$663,607	—
2024	$632,022	$632,022	—
2023	$632,356	$632,356	—
2022	$600,200	$600,200	—
2021	$371,162	$371,162	—
2020	$371,342	$371,342	—

Estimated taxes if purchased at asking price: ~$17,400/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 435 current Nassau listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.