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Active

Active·280 days on market

507 S 12th Street

Fernandina Beach, FL 32034

$239,000Est. $1,227/moMLS# 2118075

Beds

Baths

Sq Ft

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Built

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Garage

Pool

About this home

Fernandina Beach

EXCELLENT NEW PRICE! Discover an exceptional opportunity in one of Fernandina Beach's wonderfully livable areas! This partially-cleared lot, near the corner of S.12th St. & Elm, is one of the largest in the neighborhood, with approximately 94 feet of frontage and 100 feet of depth. Its central location places you close to everything that makes Amelia Island special. Enjoy easy access to downtown's charming shops & restaurants on Centre Street, stroll or bike to Central Park and reach the beach in just minutes. Some of the best recreational activities are just across the street! Whether you're envisioning a beautiful new dream home or a vacation getaway, this rare chance to build within the city limits gives you the flexibility to choose your own builder and design your island life. If you're an investor, you'll appreciate the attractive potential of adding a property in the heart of the island to your real estate portfolio. Opportunities such as this don't come along often. Hurry home

Cost to own

Mortgage calculator

Home Price

$239,000

Down Payment: 20%

$47,800

Interest Rate: 6.65%

Loan Term

Monthly Payment

$1,227

Principal & Interest: $1,227

Property taxes (est.): $330

Insurance (est.): $159

Estimated Total Monthly

$1,717

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, 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 · 6.65% · 30yr$1,227

Property taxesest. at asking price, Nassau County$330

Estimated total, before insurance$1,557/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

Year	Market value	Taxable value	Change
2025	$253,800	$81,882	—
2024	$206,800	$74,438	—
2023	$188,000	$67,671	—
2022	$150,400	$61,519	—
2021	$84,600	$55,926	—
2020	$70,500	$50,842	—

Estimated taxes if purchased at asking price: ~$4,000/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.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone C

Zone C evacuates after zones A, B in an approaching storm.

Roof: material not specified

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer (public record) · Public water (record)

County records show this parcel on central sewer — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,758 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History