The Colony
Homes for Sale in Fernandina Beach, FL
All 246 homes for sale in Fernandina Beach, FL · median $692,000 · 231 homes for sale in 32034 · Nassau County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 14 closed sales in The Colony in Fernandina Beach, FL since 2008, the most recent in August 2023. Across Fernandina Beach as a whole, 277 homes closed in the last 12 months at a median of $480,000, 48 median days on market, with 102 homes for sale today. At that median and Nassau County's FY2025-26 rate of 13.28 mills, annual property tax runs about $6,370 ($5,870 with the full homestead exemption).
The Colony is a tight, single-vintage pocket in Fernandina Beach: every home dates to 1991, and the median footprint sits right around 1,149 square feet. When a community was built in one push, the floor plans and lot layouts don't vary much, so price here is driven less by size or era and more by condition and updates. A kitchen and bath that have been touched in the last decade will separate itself from one that hasn't.
With 34 homes total, this is a small market where a single listing can move the read. Inventory is thin by design, so a seller who prices to condition tends to get looked at quickly, and a buyer waiting for the perfect updated unit should be ready to move when one surfaces. Expect a wide condition-driven spread rather than a tidy price band.
Nearby homes for sale
No active listings inside The Colony right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
The Colony is a compact, uniformly 1991-built enclave in Fernandina Beach where the homes are modestly sized and closely comparable, which puts the burden of value on updates and upkeep rather than square footage.
realMLS (Northeast Florida) sales records identify 9 homes in The Colony that have changed hands since 2008, built between 1972 and 1991 (median 1991), with a median living area of about 1,149 sq ft and a typical 2-bedroom, 2-bath layout; 89% are condominiums. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 3 qualified sales in The Colony across 2024–2024, median $340,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who The Colony is best for.
Best for
- Right-sizers who want a smaller, lower-maintenance footprint near Fernandina Beach
- Value-focused buyers willing to update a 1991 home to build in equity through condition
- Buyers who prefer a small, predictable enclave over a sprawling subdivision
Probably not for
- Buyers needing significantly more than roughly 1,100–1,200 square feet
- Anyone wanting new construction or a choice of build eras and floor plans
- Buyers who need broad, always-available inventory rather than a thin, wait-for-it market
The market around The Colony
The Colony is too small for its own price trend, so here is the market around it.
In ZIP 32034, 329 homes are on the market and 26% are under contract — a steady corner of Fernandina Beach.
Across Nassau County, 532 homes are active and 186 pending (26% under contract).
In ZIP 32034 (Fernandina Beach), 1,079 homes closed in the last 12 months at a median of $440K ($200/sq ft), down 0.2% year over year, with a median 53 days on market. Right now 216 active and 75 pending listings put supply at about 7.3 months — a buyer's market. See the live ZIP 32034 housing market and the Nassau County market.
ZIP and county figures describe the wider market, not The Colony specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in The Colony, Fernandina Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
The The Colony buying strategy.
If we were buying in The Colony today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in The Colony.
One vintage, condition is everything
Because The Colony was built as a single 1991 cohort with a median living area near 1,149 square feet, the meaningful differences between homes are mechanical and cosmetic: roof and system age, whether the kitchen and baths have been reworked, and how the interior has been maintained. Two homes on paper can be near-identical and still trade far apart on condition alone.
Owner-occupancy runs a little above half, with a homestead share around 56%. That points to a mix of long-term owners and non-homesteaded units, which in a market this small can mean a meaningful slice of homes turning as rentals or second properties. For a buyer, that mix is worth reading closely when you evaluate any single listing.
The location and the amenities are priced into every listing in The Colony. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 34-home community where price hinges on condition rather than headline stats, comparables are only useful if you know what each one had done to it. We track The Colony closely enough to tell you why one 1991 unit cleared quickly and another sat, and we'll be direct about whether a given listing is priced to its actual condition.
The Colony in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a The Colony buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Colony sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Colony, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Colony home worth?
Get a no-obligation home value based on real comparable sales in The Colony, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Fernandina Beach →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Nassau County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Nassau County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in The Colony?
What share of The Colony is owner-occupied?
When were the homes in The Colony built?
Who is the best real estate agent for The Colony?
How do I find a top Fernandina Beach real estate agent who knows The Colony?
Can Momentum Realty connect me with an agent for The Colony?
Where is The Colony, and what county is it in?
How far is The Colony from downtown Jacksonville and the beach?
Should you buy in The Colony?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32034)) |
| Under-contract shares | realMLS records, as of 2026-10-01 |
| Historical depth | Closed-sale records back to 2008 (14 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how The Colony fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for The Colony. These are the public schools most often assigned to other communities in ZIP 32034; zones change and vary by address, so confirm with the district before you buy.
- Fernandina Beach High School · 9-12 · FLDOE grade A (assigned to 23 nearby communities)
- Fernandina Beach Middle School · 6-8 · FLDOE grade A (assigned to 21 nearby communities)
- Yulee Middle School · 6-8 · FLDOE grade A (assigned to 14 nearby communities)
- Yulee High School · 9-12 · FLDOE grade A (assigned to 14 nearby communities)
- Southside Elementary School · PK-2 (assigned to 12 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near The Colony with Momentum Realty’s local guides.