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Active

Active·30 days on market

45388 Dixie Avenue

Callahan, FL 32011

$475,000$249/sqftEst. $2,528/moMLS# 2150680

Beds

Baths

1,904

Sq Ft

1960

Built

—

Garage

Pool

About this home

Callahan

Excellent investment opportunity in the heart of Callahan! Located directly across from the historic Callahan Train Depot, this well-maintained concrete block duplex on half an acre offers strong rental potential and numerous recent upgrades. Each unit features a comfortable 2-bedroom, 1-bath floor plan with updated interiors, including custom cabinetry, new flooring, and remodeled living spaces. Approximately $70,000 in improvements have been completed within the last two years, enhancing both units for long-term value and tenant appeal. Property features include city water and sewer service, two carports, and additional storage space for each unit. Built with durable concrete block construction, and recently renovated, this duplex offers a low-maintenance investment in a growing Nassau County location. Conveniently situated near downtown Callahan, schools, shopping, dining, and major commuter routes, this property is ideal for investors seeking immediate income potential or owner-oc

Cost to own

Mortgage calculator

Home Price

$475,000

Down Payment: 20%

$95,000

Interest Rate: 6.49%

Loan Term

Monthly Payment

$2,399

Principal & Interest: $2,399

Est. Taxes & Insurance: $600

Estimated Total Monthly

$2,999

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, Freddie Mac PMMS via FRED). Actual payments 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 · 7.0% · 30yr$2,528

Property taxesest. at asking price, Nassau County$656

Estimated total, before insurance$3,184/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, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• 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	$385,924	$271,481	—
2024	$375,369	$246,801	—
2023	$322,849	$224,365	—
2022	$222,327	$203,968	—
2021	$185,425	$185,425	—
2020	$179,188	$179,188	—

2025 property taxes (current owner): $4,730/yr

Estimated taxes if purchased at asking price: ~$7,900/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 K

Check floridadisaster.org/knowyourzone for what this designation means locally.

Roof: Metal — year not disclosed (home built 1960)

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

Sewer · FL0038407 - Callahan WWTF · Public water (record)

County records show this parcel on central sewer served by FL0038407 - Callahan WWTF — no septic system to inspect or maintain.

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

Solar potential: ~1,637 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

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History