Work directly with Krista on any home here · Broker Associate · 20+ years · 500+ closings · Christie's International Real Estate First Coast

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Active·Listed today

2727 1st Avenue

Fernandina Beach, FL 32034

$750,000$714/sqftEst. $3,876/moMLS# 2163699

Beds

Baths

1,050

Sq Ft

1980

Built

—

Garage

Pool

About this home

Fernandina Beach

Just one block from the beach and nestled on a peaceful, tree-filled lot, this updated duplex offers exceptional flexibility with noHOA and no flood zone. Rent both sides for strong income potential, live in one while renting the other, or reimagine the propertyas a spacious single-family beach retreat. Each 1,050 sqft. unit features an open-concept living area, half bath, mud/laundryroom, private fenced backyard, two upstairs bedrooms, full bath, and abundant storage. Major improvements include newer windows, HVAC systems and ductwork, exterior resurfacing and paint, hot water heater, plus interior and appliance updates. Separate utilities and city water/sewer make ownership simple and tenant-friendly. 30-day minimum rentals are allowed. Conveniently located near restaurants, shopping, and grocery stores, this is a rare opportunity to own an affordable beachside property on Amelia Island.

Cost to own

Mortgage calculator

Home Price

$750,000

Down Payment: 20%

$150,000

Interest Rate: 6.71%

Loan Term

Monthly Payment

$3,876

Principal & Interest: $3,876

Property taxes (est.): $1,035

Insurance (est.): $500

Estimated Total Monthly

$5,411

*30-year loan at 6.71% APR (avg 30-yr rate 2026-09-03, 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 · 6.71% · 30yr$3,876

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

Estimated total, before insurance$4,911/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$11,218/yr · $935/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

2025 property taxes (current owner): $11,218/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, 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 1980)

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

Solar potential: ~1,543 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.

History