Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$475,000

45388 DIXIE Avenue, Callahan, FL 32011, Callahan, FL 32011

Callahan

Price
$475,000
Beds / Baths
4 / 2
Living area
1,904 sqft
Year built
1960
Type
Residential
Lot
0.49 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Nassau
Days on market
78
Elementary
Callahan
Middle
Callahan
High school
West Nassau

$249/sqft asking, vs a $179/sqft median across 269 closed sales in 32011 over the last 12 months — 40% above the area's closed prices. Condition and lot vary; that's what a showing is for.

Excellent investment opportunity in the heart of Callahan! Located directly across from the historic Callahan Train Depot, this well-maintained concrete block duplex on half an acre offers strong rental potential and numerous recent upgrades. Each unit features a comfortable 2-bedroom, 1-bath floor plan with updated interiors, including custom cabinetry, new flooring, and remodeled living spaces. Approximately $70,000 in improvements have been completed within the last two years, enhancing both units for long-term value and tenant appeal. Property features include city water and sewer service, two carports, and additional storage space for each unit. Built with durable concrete block construction, and recently renovated, this duplex offers a low-maintenance investment in a growing Nassau County location. Conveniently situated near downtown Callahan, schools, shopping, dining, and major commuter routes, this property is ideal for investors seeking immediate income potential or owner-oc

What to check on this one

  • Verify roof age and condition; 1960 build may need inspection or replacement soon.
  • Confirm flood zone designation with Nassau County and obtain elevation certificate if needed.
  • Request 4-point inspection report; older concrete-block duplex requires wind-mitigation assessment.
  • Obtain landlord/tenant history, lease terms, current rent rolls, and vacancy rates for both units.
  • Verify city water/sewer service active; inspect plumbing era—cast iron pre-1975 common, may need replacement.
  • Review title, deed restrictions, and any easements tied to proximity to Callahan Train Depot.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$2,465/mo
Property tax (1.1% eff., Nassau Co.)$435/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$3,192/mo

Loan $380,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of FERNANDINA BEACH REALTY. Data via realMLS (Northeast Florida MLS), updated Jul 14, 2026, 12:22 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.