CENTURY 21 Edge
Pending
$1,484,000$1,500,0003 bd3 ba1,889 sqft$786 /sqft$10,222 /mo all-in ↓

5242 SEA CHASE DRIVE DRIVE UNIT 1, FERNANDINA BEACH, FL, 32034

Pending365 days on marketListed Aug 20, 2025MLS #TB8419822

Reduced $16KWaterfrontFully furnishedCondominiumOCEAN VILLAGE

About this home

5242 SEA CHASE DRIVE DRIVE UNIT 1

SELLER OFFERS A $15,000 CREDIT THAT MAY BE APPLIED TOWARD IMPROVEMENTS, UPGRADES, CLOSING COSTS, OR OTHER BUYER EXPENSES, SUBJECT TO A MUTUALLY ACCEPTABLE OFFER. DIRECT Oceanfront Condo with VERY RARE GROUND FLOOR WITH YARD, nestled beneath a majestic canopy of oaks on Amelia Island’s serene south end, this rarely available, fully furnished residence is the epitome of coastal luxury and timeless sophistication—offered at an exceptional value. FLOOD ZONE CODE (X) NOT LOCATED IN FLOOD ZONE SO IS NOT REQUIRED FLOOD INSURANCE. WILL SAVE OWNERS OVER $21,000 PER YEAR. Spanning 1,889 sq. ft., this elegantly appointed 3-bedroom, 3-bath condominium features (Public records reflect a 3-bedroom, 3-bath residence. The third bedroom is currently configured as a spacious office/TV room featuring custom built-in cabinetry and a full-size sleeper sofa, including a large sliding pocket door with privacy, offering exceptional flexibility for guests, a home office, or a media room ( delivering refined comfort and privacy. From the moment you enter, soaring ceilings, sun-drenched interiors, and unobstructed Atlantic vistas set the stage for a home that is as breathtaking as it is welcoming. The expansive **oceanfront patio—complete with a generous yard area—**is ideal for pets, intimate gatherings, or simply unwinding to the soothing rhythm of the waves. Inside, the open-concept living and dining areas flow seamlessly into a gourmet kitchen featuring Corian countertops, custom cabinetry, and an airy, coastal-inspired design. Each bedroom is en-suite, including two luxurious master suites, offering serene retreats designed for relaxation and indulgence. Located within the prestigious Ocean Village gated community, ownership includes exclusive access to world-class amenities: Two sparkling resort-style pools Private beach boardwalks with direct access to pristine shores Tennis courts for active living Immaculately landscaped grounds designed for beauty and serenity Step outside your private retreat and immerse yourself in the allure of Amelia Island—stroll along powder-soft beaches, explore the historic charm of Fort Clinch, or enjoy fine dining and boutique shopping just minutes away. World-renowned events such as the Concours d’Elegance and the elegance of The Ritz-Carlton are just around the corner. Here, every day feels like a seaside escape. Awaken to golden sunrises dancing across the horizon, spend afternoons soaking in ocean breezes from your patio, and savor magical sunsets as fishing and shrimp boats trace the water with their evening glow. This is more than a home—it’s a sanctuary where elegance meets island living. Don’t miss this rare opportunity to claim your piece of Amelia Island paradise. Schedule your private showing today.

Facts & features

The home at a glance

3

Bedrooms

3

Bathrooms

1,889

Sqft

0.15 ac

Lot size

1

Garage

1996

Year built

One

Levels

$786

Per sqft

WaterfrontFurnishedPets allowed

Inside

FlooringCarpet · Ceramic Tile · Laminate
AppliancesDishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Washer
InteriorAttic Fan · Ceiling Fan(s) · Crown Molding · Dry Bar · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Split Bedroom · Stone Counters
LaundryInside · Laundry Room · Same Floor As Condo Unit
CoolingCentral Air
HeatingCentral
FurnishedFurnished

Outside & construction

RoofSlate
ConstructionBlock
FoundationBlock · Slab
FacesEast
ParkingGarage Door Opener · Ground Level
ExteriorHurricane Shutters · Lighting · Private Mailbox · Rain Gutters · Shade Shutter(s) · Sidewalk · Sliding Doors

Community & fees

Taxes (2026)$17,971/yr
PetsCats OK, Dogs OK, Yes
CommunityBay/Harbor Front · Gulf/Ocean Front · Waterfront · Deed Restrictions · Gated Community - No Guard · Golf Carts OK · Handicap Modified · Irrigation-Reclaimed Water · Pool · Sidewalks · Tennis Court(s) · Wheelchair Access

Utilities & systems

UtilitiesCable Available · Public
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$10,222 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$8,008
PMI (est., until 20% equity)$557
Property tax — 2026 actual bill$1,498
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $148,400Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $148,400
Interest rate6.00%
Loan term

Estimated payment

$10,222/mo

Principal & interest$8,008
PMI (est., until 20% equity)$557
Property taxes (actual bill)$1,498
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs OCEAN VILLAGE

$786 vs $273

Days on market

365 vs 84 typical

Where $786/sqft sits among the 13 homes for sale in OCEAN VILLAGE

8
4
1
0
0
0 · this home
$185–285$285–385$385–485$485–585$585–685$685+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Fernandina Beach

Map of 5242 SEA CHASE DRIVE DRIVE UNIT 1

Get to know Fernandina Beach. See the full Fernandina Beach guide →

FERNANDINA BEACH 32034 — neighborhood snapshot

Population

39,280

Median age

56.5

Median income

$97,756

Median home value

$484,200

Avg household

2.2

Households w/ children

3,475

The numbers that matter

The Fernandina Beach market

Seller’s marketLeans seller3.0 months of inventoryBuyer’s market

$425K$1.1M

Fernandina Beach median sold, yr/yr

98.1%

Sale-to-list ratio (12 mo)

0 of 13

OCEAN VILLAGE have cut their price

Median sold price, Fernandina Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 318% above the FERNANDINA BEACH 32034 median. See the full Fernandina Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,484,000 $16K
Aug 20, 2025Listed at $1,500,000 · 365 days on market since
1996Built · OCEAN VILLAGE

Reality check

What actually sold near 5242 SEA CHASE DRIVE DRIVE UNIT 1

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3048 Windward Drive, Fort Pierce FL 34949Sold · Apr ’26

$699,000

3048 Windward Drive, Fort Pierce FL 34949 · same community

3 bd · 2.5 ba · 1,978 sqft · $353/sqft · 0 DOM

56 Winghaven Lane, Fort Pierce FL 34949Sold · Aug ’25

$670,000

56 Winghaven Lane, Fort Pierce FL 34949 · same community

3 bd · 2 ba · 1,694 sqft · $396/sqft · 8 DOM

2400 S Ocean Drive # 8144, Fort Pierce FL 34949Sold · May ’26

$483,000

2400 S Ocean Drive # 8144, Fort Pierce FL 34949 · same community

2 bd · 2 ba · 1,585 sqft · $305/sqft · 19 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Yumiko Sugawara

Your agent

Yumiko Sugawara

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 5242 SEA CHASE DRIVE DRIVE UNIT 1 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5242 SEA CHASE DRIVE DRIVE UNIT 1 — before you fall in love.

See it in person

Schedule a tour

Live availability from Yumiko's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5242 SEA CHASE DRIVE DRIVE UNIT 1 FAQs

What would the monthly payment be for 5242 SEA CHASE DRIVE DRIVE UNIT 1?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $10,222/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5242 SEA CHASE DRIVE DRIVE UNIT 1?+

The most recent tax bill on record (2026) was $17,971. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5242 SEA CHASE DRIVE DRIVE UNIT 1?+

The listing reports pets: Cats OK, Dogs OK, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Fernandina Beach?+

At $1,484,000, this home is listed about 99% above the Fernandina Beach median of $745,000. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Positioned at the premium end

$1,484,000 runs 318% above the FERNANDINA BEACH 32034 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

365 days on market against a Fernandina Beach median of 84 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $1,500,000, now $1,484,000 — a $16K cut. The full history is in the market section below.

Listing courtesy of DALTON WADE INC · Maggie Dasilva. MLS #TB8419822.

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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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