Old Fernandina median real estate price is $304,905, which is more expensive than 75.6% of the neighborhoods in Florida and 72.3% of the neighborhoods in the U.S.
The average rental price in Old Fernandina is currently $1,286, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.6% of Florida neighborhoods.
Old Fernandina is a suburban neighborhood (based on population density) located in Fernandina Beach, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Old Fernandina real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Old Fernandina neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Old Fernandina. The current real estate vacancy rate here is 27.2%. This is higher than the rate of vacancies in 92.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.