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2610 Midway Rd - 2610 Midway Road 1.02 Acres of Commercial Land Offered at $1,325,440 CAD in Fernandina Beach, FL 32034

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INVESTMENT HIGHLIGHTS

Prime Location of Amelia Island
Commercial General Zoning

A1A/SR 200 and Midway Road Corner Lot

EXECUTIVE SUMMARY

Amelia Island, Florida, county zoned Commercial General lot. 2004 survey shows 1.02 acres, more or less. Corner lot with frontage on State Highway SR200/A1A and Midway Road providing easy ingress/egress to property. Property is located outside the city limits of Fernandina Beach and is taxed at a lower millage rate. Billboard leasing revenue approximately $2,000 yearly conveys with property. A well and former septic system is located on the property - condition unknown. Public water and sewer is not currently available to this site - private well and septic will be needed. City of Fernandina Beach quoted $10,491.75 to bring public water to the lot as of 2/27/2023. Lot dimensions are approximates. Florida DOT has the annual average daily traffic (AADT) as 31,000 at this location.

Water Line Application Quote

Survey

PROPERTY FACTS

Price	$1,325,440 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial
No. Lots	1	Total Lot Size	1.02 AC
Property Type	Land	No. Stories	1
Zoning	CG - Commercial General.

Price	$1,325,440 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	1.02 AC
No. Stories	1
Zoning	CG - Commercial General.

1 LOT AVAILABLE

Lot

Price	$1,325,440 CAD	Lot Size	1.02 AC
Price Per AC	$1,299,450.99 CAD

Price	$1,325,440 CAD
Price Per AC	$1,299,450.99 CAD
Lot Size	1.02 AC

Commercial General Zoning. Mostly level lot, partially wooded with highway and side-street road frontage.

DESCRIPTION

Formerly a residential lot that is now zoned Commercial General. Access from Midway Road with street frontage on A1A/SR 200. Former septic system and well on property are of unknown condition and sold As Is. Prime location in county area of Amelia Island. This property location is in a prime area of Amelia Island-Fernandina Beach. Public water and sewer service are not available at this location - private well and septic system will be needed. Side Note: City of Fernandina Beach provided a quote of $10,491.75 as of 2/27/73 to bring public water to the site. Florida DOT average daily traffic count is 31,000 at this location.

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