This home is in Fernandina Beach — an oceanfront home in Northeast Florida.
Pending·33 days on market
5242 Sea Chase Drive #1 8A
Fernandina Beach, FL 32034
About this home
Fernandina Beach
SELLER OFFERS A $15,000 CREDIT THAT MAY BE APPLIED TOWARD IMPROVEMENTS, UPGRADES, CLOSING COSTS, OR OTHER BUYER EXPENSES, SUBJECT TO A MUTUALLY ACCEPTABLE OFFER. DIRECT Oceanfront Condo with VERY RARE GROUND FLOOR WITH YARD, nestled beneath a majestic canopy of oaks on Amelia Island's serene south end, this rarely available, fully furnished residence is the epitome of coastal luxury and timeless sophistication--offered at an exceptional value. FLOOD ZONE CODE (X) NOT LOCATED IN FLOOD ZONE SO IS NOT REQUIRED FLOOD INSURANCE. WILL SAVE OWNERS OVER $21,000 PER YEAR. Spanning 1,889 sq. ft., this elegantly appointed 3-bedroom, 3-bath condominium features (Public records reflect a 3-bedroom, 3-bath residence. The third bedroom is currently configured as a spacious office/TV room featuring custom built-in cabinetry and a full-size sleeper sofa, including a large sliding pocket door with privacy, offering exceptional flexibility for guests, a home office, or a media room ( delivering refined.
Cost to own
Mortgage calculator
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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 (that applies to the reference bill above too).
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $1,277,000 | $1,140,534 | — |
| 2024 | $1,182,000 | $1,036,849 | — |
| 2023 | $1,126,000 | $942,590 | — |
| 2022 | $1,015,000 | $856,900 | — |
| 2021 | $779,000 | $779,000 | — |
| 2020 | $735,000 | $735,000 | — |
2026 property taxes (current owner): $17,971/yr
Estimated taxes if purchased at asking price: ~$24,600/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 A
Zone A evacuates first in a storm — typically coastal and surge-prone areas.
Roof: material not specified — year not disclosed (home built 1996)
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: ~1,798 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 homeAs 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
Price & status history
- Jul 31, 2026Pending$1,484,000
- Jul 8, 2026Active$1,484,000
- Jul 7, 2026Withdrawn$1,484,000
- Mar 6, 2026Listed$1,484,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: DALTON WADE INC
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
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Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines