$345,000
1992 PALM Drive, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
Oak Grove
- Price
- $345,000
- Beds / Baths
- 3 / 1
- Living area
- 1,092 sqft
- Year built
- 1951
- Type
- Residential
- Lot
- 0.16 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Nassau
- Days on market
- 7
- Elementary
- Emma Love Hardee
- Middle
- Fernandina Beach
- High school
- Fernandina Beach
$316/sqft asking, vs a $254/sqft median across 1,186 closed sales in 32034 over the last 12 months — 25% above the area's closed prices. Condition and lot vary; that's what a showing is for.
ISLAND LIVING in a QUIET, CONVENIENT LOCATION! This charming 3 Bedroom, 1 Bath home offers an incredible opportunity to enjoy the Amelia Island lifestyle while being close to everything Fernandina Beach has to offer or could be the PERFECT INVESTMENT OPPORTUNITY with SHORT TERM RENTABILITY OPTIONS! Situated on a LARGE CORNER LOT along a quiet street just OUTSIDE THE CITY LIMITS this classic 1950s home features 1,092 square feet of comfortable living space with fresh paint, new bedroom doors, some updated electrical and lighting, plus a brand new refrigerator. On the exterior, you'll appreciate the LARGE CARPORT and OVERSIZED STORAGE SHED--perfect for bikes, beach gear, tools, a workshop, or all those island extras! The spacious lot provides plenty of room to enjoy the outdoors, garden, entertain, or create your own backyard retreat. Whether you're looking for a PRIMARY RESIDENCE, ISLAND GETAWAY, or a home you can update and make your own, this property offers a combination of location, lot size, and potential that's hard to find on Amelia Island. Enjoy being just minutes from the BEACH, HISTORIC DOWNTOWN FERNANDINA BEACH, shopping, dining, schools, and everything that makes island living so special!
What to check on this one
- Verify roof age and get 4-point inspection; 1951 home likely uninsurable without recent replacement.
- Confirm flood zone designation with FEMA map; get elevation certificate if in AE/VE.
- Inspect plumbing for cast-iron or galvanized lines; likely original or 1970s-era replacement.
- Check septic system location, last pumping date, and any prior repairs or failures.
- Verify short-term rental eligibility with Nassau County zoning outside city limits.
- Document electrical updates scope; confirm panel capacity and code compliance for future work.
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
Loan $276,000 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 SUMMER HOUSE REALTY. Data via realMLS (Northeast Florida MLS), updated Aug 26, 2026, 3:45 PM.
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