This home is in Fernandina Beach.

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Pending

Pending·112 days on market

1637 Olmsted Lane

Fernandina Beach, FL 32034

$750,000$372/sqftEst. $3,824/moMLS# 2138762

Beds

Baths

2,015

Sq Ft

2015

Built

Garage

Pool

About this home

Fernandina Beach

NATURE-FILLED, WALKABLE, AND UNLIKE ANYTHING ELSE ON AMELIA ISLAND, Amelia Park offers a lifestyle people fall hard for. SIDEWALK-LINED, TREE-CANOPIED STREETS wind through more than 50 green spaces, lakes, and pocket parks, making even an ordinary walk feel scenic and calming. From this BEAUTIFULLY UPDATED HOME, YOU CAN STROLL to the YMCA, Story & Song Bookstore/Bistro, dining, shopping, grocery, banking, and medical care, WHILE THE BEACH AND HISTORIC DOWNTOWN FERNANDINA ARE BOTH EASILY REACHED BY BIKE OR GOLF CART. This is the rare kind of neighborhood where convenience and charm do not compete. They elevate each other. Inside, the home is BRIGHT, OPEN, and beautifully refreshed with NEW FLOORING THROUGHOUT IN 2024, MODERN FINISHES, and a layout designed for the way people live today. A LARGE KITCHEN anchors the main living spaces and flows easily to both the living room and separate family room, all WRAPPED IN WINDOWS AND NATURAL LIGHT. THE SPACIOUS PRIMARY SUITE AND BATH ARE TUCKED

Cost to own

Mortgage calculator

Home Price

$750,000

Down Payment: 20%

$150,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$3,824

Principal & Interest: $3,824

Property taxes (est.): $1,035

Insurance (est.): $500

Estimated Total Monthly

$5,359

*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$3,824

Property taxesest. at asking price, Nassau County$1,035

HOAbilled annually$73

Estimated total, before insurance$4,932/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$7,354/yr · $613/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 (that applies to the reference bill above too).

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$734,592	$399,229	—
2024	$670,268	$387,270	—
2023	$542,458	$374,534	—
2022	$510,041	$362,169	—
2021	$440,435	$350,164	—
2020	$408,216	$344,639	—

2025 property taxes (current owner): $7,354/yr

Estimated taxes if purchased at asking price: ~$12,400/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.

Storms & insurance

Florida Reality Check

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

Flood zone not yet determined

Check the exact parcel at msc.fema.gov or ask Krista to pull it.

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

Evacuation zone not yet determined

Check floridadisaster.org/knowyourzone.

Roof: Shingle — year not disclosed (home built 2015)

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

Solar potential: ~1,644 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

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.