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501 Ocean Ave

Fernandina Beach, FL 32034

5 bd 4 ba 2,460 sqft Built 1956 multi_family
Most recent sale
$1,032,500
Aug 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 23, 2024 Listed $1,695,000 AmeliaIsland
Oct 14, 2022 Listed $1,800,000 MLS #102343
Aug 5, 2021 Sold $1,032,500 MLS #1110331
May 25, 2021 Price changed $1,100,000 MLS #1110331
May 16, 2021 Listed $1,175,000 MLS #1110331
May 15, 2021 Listed $1,175,000 MLS #95045
Aug 1, 1979 Sold $76,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $218,494 $754,800 $973,294 $17,889
2021 $176,047 $534,650 $710,697 $13,511
2020 $664,849 $13,004
2019 $604,408 $12,866
2018 $549,462 $11,555
2017 $138,757 $459,170 $597,927 $10,605
2016 $139,601 $314,500 $454,101 $9,194
2015 $140,444 $276,760 $417,204 $8,555
2014 $404,385 $8,352
2013 $391,254 $7,803
2012 $467,090 $9,305
2011 $467,639 $9,031
2010 $468,174 $8,844
2009 $529,063 $9,750
2008 $587,403 $10,514

Property facts

Year built
1956
Property type
multi_family
Stories
1
Beds
5
Baths
4
Living area
2,460 sqft
Lot size
ZIP code
32034
City
Fernandina Beach
Street
Ocean Ave
Coordinates
30.67309, -81.43027

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,551
Gross rental yield
5.29%
Implied cap rate
3.44%
Trend-extrapolated value

Frequently asked questions

When did 501 Ocean Ave last sell?
501 Ocean Ave most recently sold on Aug 5, 2021 for $1,032,500.
What is the current tax assessment for 501 Ocean Ave?
The most recent total assessment for 501 Ocean Ave (year 2022) is $973,294 with $17,889 in property tax.
How does 501 Ocean Ave's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $1,032,500.
When was 501 Ocean Ave built?
501 Ocean Ave was built in 1956.
How does 501 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Ocean Ave?
501 Ocean Ave is a 5 bed, 4 bath, 2,460 sqft multi_family.
Is 501 Ocean Ave a flip candidate?
No — 501 Ocean Ave does not appear in our flips dataset.
Is 501 Ocean Ave a tax-appeal candidate?
No — 501 Ocean Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.5%
2026 Q3
$886.4K
2026 Q4
$903K
ZIP 32034 — Median Price History + Forecast

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