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Fernandina Beach, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Fernandina Beach, Florida Market population: 12K. Compare commercial properties across all major asset classes...

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⭐ Featured

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Fernandina Beach FL Properties: 1.0500%

πŸ“Š Average Income For Fernandina Beach FL Commercial Property: $53,838

Investor Questions For Fernandina Beach FL

Common questions from investors exploring commercial real estate in Fernandina Beach FL.

What's the overall investment potential of Fernandina Beach, FL? +
With a median household income of $53,838 and a relatively low poverty rate of 12.1%, Fernandina Beach presents a stable investment market, further supported by its high health insurance coverage rate of 87.0% and a short average commute time of 23.4 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand? +
The top industries in Fernandina Beach, including Wholesale Trade, Transportation & Warehousing, & Utilities, and Information, contribute to a diverse economy, which, combined with a foreign-born rate of 6.5% and ethnic diversity led by White (44.4%) and White Non-Hispanic (41.5%) populations, suggests a robust demand for housing from a varied and potentially stable tenant base.
What are the key factors influencing property values in Fernandina Beach? +
The median property value of $262,400, coupled with a median property tax of $3,432 and a high homeownership rate of 74.2%, indicates a strong and stable housing market, which is further reinforced by the city's low poverty rate of 12.1% and high health insurance coverage of 87.0%, pointing to a market with solid potential for property appreciation.
How does the commute and transportation infrastructure affect the quality of life for residents and, by extension, real estate investment? +
The average commute time of 23.4 minutes, with the majority driving alone or working from home, suggests that Fernandina Beach offers a convenient and flexible lifestyle, which, when considered alongside the city's diverse industries and relatively high employment rate, makes it an attractive location for both residents and investors looking for stable rental yields.
What role does demographic diversity play in the investment potential of Fernandina Beach? +
The ethnic diversity, with top ethnicities including White (44.4%), White Non-Hispanic (41.5%), and Black (6.3%), along with a GINI coefficient of 0.438 indicating moderate income inequality, suggests a complex but potentially resilient market, especially when combined with the city's strong health insurance coverage rate of 87.0% and low poverty rate of 12.1%, making it an interesting location for investors looking to capitalize on a mix of stability and growth potential.

Fernandina Beach FL Real Estate & City Facts

Key facts and real estate information about Fernandina Beach FL.

What are some of the best neighborhoods to live in Fernandina Beach? +
Some of the best neighborhoods to live in Fernandina Beach include the central parts of the city, such as downtown Fernandina Beach, and neighborhoods like Yulee, Tributary, Timber Creek Plantation, Wildlight, and Plummers Creek. These areas offer a range of housing options, from affordable homes to luxury properties, and are close to amenities like schools, shopping, and dining.
What are some fun things to do in Fernandina Beach? +
There are plenty of fun things to do in Fernandina Beach, including visiting Fort Clinch State Park, exploring the Amelia Island Museum of History, and enjoying the city's beautiful beaches. You can also play a round of golf, grab a drink at a local bar, or catch some live music at one of the many venues in the city. Additionally, the city has a range of outdoor activities, such as hiking, fishing, and kayaking, and a variety of restaurants and shops to explore.
What is the food scene like in Fernandina Beach? +
The food scene in Fernandina Beach is vibrant and diverse, with a range of restaurants serving everything from fresh seafood to contemporary American cuisine. Some popular restaurants include Magnolia's Cafe, The Patio at 5th and Ash, Salty Pelican Bar & Grill, and David's Restaurant & Lounge. There are also plenty of great food trucks and casual eateries, like Wicked Bao and Tasty's Fresh Burgers, and a variety of bars and breweries to choose from.
What are the pros and cons of living in Fernandina Beach? +
The pros of living in Fernandina Beach include its beautiful beaches, rich history, and vibrant cultural scene. The city also has a range of outdoor activities and a strong sense of community. However, some cons of living in Fernandina Beach include the potential for hurricanes and other natural disasters, and the city's relatively small size, which can limit job opportunities and amenities. Additionally, the city's popularity with tourists can make it feel crowded and busy during peak season.
Is Fernandina Beach a good place to live? +
Overall, Fernandina Beach is a great place to live for people who value a relaxed, small-town atmosphere and easy access to outdoor activities and cultural attractions. The city has a strong sense of community and a range of amenities, from restaurants and shops to parks and beaches. However, it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle or have limited job opportunities. Ultimately, whether or not Fernandina Beach is a good place to live depends on your individual priorities and preferences.
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