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This home is in Fernandina Beach.

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Pending

Pending·322 days on market

1015 Atlantic Avenue 207

Fernandina Beach, FL 32034

$859,900$807/sqftEst. $4,434/moMLS# 2038310

Beds

Baths

1,065

Sq Ft

2027

Built

—

Garage

Pool

About this home

Fernandina Beach

Park Place on Atlantic - Luxury 55+ Living in the Heart of Fernandina Beach. Just 1.6 miles from the beach and two blocks from historic Centre Street, Park Place on Atlantic offers elegant, low-maintenance living in a boutique 32-unit community. Designed with modern convenience and timeless charm, each residence features premium finishes, top-tier appliances, smart home technology, and private terraces. Enjoy exclusive amenities including a resort-style pool with jetted spa, fitness center, rooftop terrace, covered parking, EV charging, private storage, and a guest suite for visitors. While thoughtfully tailored for 55+ residents, this community welcomes anyone seeking a refined, walkable coastal lifestyle. Come home to Park Place on Atlantic—where comfort, quality, and location come together.

Cost to own

Mortgage calculator

Home Price

$859,900

Down Payment: 20%

$171,980

Interest Rate: 6.69%

Loan Term

Monthly Payment

$4,434

Principal & Interest: $4,434

Property taxes (est.): $1,187

Insurance (est.): $573

Estimated Total Monthly

$6,195

*30-year loan at 6.69% APR (avg 30-yr rate 2026-08-06, 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 · 6.69% · 30yr$4,434

Property taxesest. at asking price, Nassau County$1,187

HOAbilled monthly$848

Estimated total, before insurance$6,470/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: ~$14,200/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.