406 S 3rd StreetFernandina Beach, FL 32034Price: $600,000

This oversized parcel boasts a prime location in Fernandina Beach, within walking distance to downtown shops, dining, and the waterfront, along with a rare combination of size, zoning, and development potential-features increasingly hard to find. Offering 150' of frontage on 3rd Street and 125' of depth, the possibilities here are expansive. The property is enhanced by an array of mature trees, creating a beautiful natural setting while still offering a clean slate for development. What truly sets this parcel apart is its subdivision potential. The lot can be divided into four separate parcels: a 75' x 125' homesite where the original residence once stood-ideal for a primary or investment single-family home-and an additional 75' x 125' portion that can be split into three 25' x 125' lots. Zoned for Mixed Use (MU-1), the possibilities extend far beyond residential. This designation allows for a thoughtful blend of uses, including single-family and multi-family residences, professional or medical offices, and limited neighborhood commercial or personal service establishments. Whether you envision a boutique residential enclave, income-producing properties, live/work spaces, or a mixed-use concept, this property offers the flexibility to bring your vision to life.