| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 92nd | Best |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1700 The Greens Way, Jacksonville Beach, FL, 32250, US |
| Region / Metro | Jacksonville Beach |
| Year of Construction | 1999 |
| Units | 101 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1700 The Greens Way Jacksonville Beach Multifamily Investment
1999-vintage, 101-unit asset in an amenity-rich, high-income pocket; neighborhood occupancy is softer, but rent-to-income levels suggest retention support, according to WDSuite’s CRE market data.
This Jacksonville Beach address offers strong daily convenience with grocery, pharmacy, parks, and dining density competitive among Jacksonville neighborhoods and in the top quartile nationally. Such amenity access typically supports leasing velocity and renewal strength for well-positioned assets.
The 1999 construction is newer than the neighborhood’s 1988 average, providing a relative edge versus older nearby stock while still benefiting from targeted system updates and interior renovations to enhance competitiveness and capture premiums.
Within a 3-mile radius, demographic statistics show recent population growth, high household incomes, and a renter-occupied share around one-third, indicating a sizable, income-qualified tenant base. Neighborhood NOI per unit performance is competitive among Jacksonville neighborhoods and sits in the top quartile nationally, according to WDSuite’s multifamily property research, underscoring operating potential.
Neighborhood occupancy (measured for the neighborhood, not the property) tracks below national medians, which can introduce leasing variability. Elevated home values in the area point to a high-cost ownership market that can sustain rental demand and support pricing power with disciplined lease management.
Safety signals are mixed. Overall placement is slightly below the national median, while property-crime indicators are stronger (top quartile nationally) and violent-crime measures are nearer the national middle, based on WDSuite data. Recent year-over-year estimates indicate an uptick; investors should monitor whether this normalizes or persists.
Within the Jacksonville metro’s 368 neighborhoods, standing varies by category, so it is best read comparatively rather than block-by-block. On-site practices—access control, lighting, and resident standards—can materially influence outcomes relative to broader area trends.
Proximity to regional corporate offices supports white-collar renter demand and commute convenience, including Anixter, CSX, and the headquarters operations of Fidelity National Financial and Fidelity National Information Services.
- Anixter — corporate offices (10.9 miles)
- CSX — corporate offices (16.4 miles) — HQ
- Fidelity National Financial — corporate offices (16.9 miles) — HQ
- Fidelity National Information Services — corporate offices (16.9 miles) — HQ
An amenity-rich, high-income setting and elevated ownership costs reinforce multifamily demand at 1700 The Greens Way. Neighborhood NOI per unit trends are competitive in the Jacksonville metro and top quartile nationally, signaling solid operating potential. While neighborhood occupancy (measured for the neighborhood, not the property) is softer, 3-mile demographics show population growth and a substantial, income-qualified renter base that can support tenancy depth over time.
Built in 1999, the asset is newer than much of the local stock, offering relative competitiveness while allowing for targeted renovations and system upgrades to drive rent premiums and retention. According to commercial real estate analysis from WDSuite, strong household incomes and amenity access provide a foundation for pricing power when paired with disciplined operations.
- High-amenity, high-income submarket that supports leasing velocity and renewal strength.
- 1999 vintage offers an edge versus older nearby stock with targeted value-add potential.
- Elevated ownership costs sustain reliance on rental housing, supporting pricing power.
- Risk: neighborhood occupancy is softer, requiring focused leasing and retention management.
- Monitor: recent uptick in estimated incidents suggests ongoing safety trend tracking.