| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 67th | Good |
| Amenities | 42nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13300 Atlantic Blvd, Jacksonville, FL, 32225, US |
| Region / Metro | Jacksonville |
| Year of Construction | 2004 |
| Units | 24 |
| Transaction Date | 2002-10-07 |
| Transaction Price | $754,400 |
| Buyer | JACKSONVILLE ENCLAVE APARTMENTS II LP |
| Seller | JACKSONVILLE ENCLAVE APARTMENTS LP |
13300 Atlantic Blvd Jacksonville Multifamily Investment Opportunity
Inner-suburban location with solid renter demand and room to optimize operations, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb of Jacksonville with an A- neighborhood rating and ranks 66 out of 368 metro neighborhoods — a position in the top quartile locally. This standing reflects balanced livability and investment fundamentals relative to the metro, supported by a strong concentration of renter-occupied units at the neighborhood level, which points to a deeper tenant base for multifamily operators.
Amenities skew toward daily convenience: neighborhood measures for restaurants and cafes track above many U.S. neighborhoods, while grocery access is comparatively strong. Park and pharmacy counts are limited in the immediate neighborhood, which may modestly affect walk-to amenity appeal but is typical for auto-oriented inner suburbs.
At the neighborhood scale, asking rents benchmark above many U.S. areas (high national percentile), while occupancy trends sit below national medians, suggesting leasing performance may depend on property-level execution and positioning versus nearby comps. The local renter concentration (renter-occupied share) is high versus both metro and national norms, indicating a sizable and durable tenant pool that can support absorption and retention.
Within a 3-mile radius, WDSuite data shows recent population growth with a larger increase in households and a projected expansion ahead, implying a growing renter pool and support for occupancy stability. Household incomes in the 3-mile area have been trending higher and are projected to continue rising, which can sustain rent levels. Elevated home values and a higher value-to-income ratio at the neighborhood level signal a high-cost ownership market for many households, reinforcing reliance on multifamily rentals and aiding lease retention and pricing power.
Safety indicators for the neighborhood rank below national norms (low national percentile), placing the area on the higher-crime side compared with neighborhoods nationwide. Within the Jacksonville metro, the neighborhood sits around the middle of the pack. Recent WDSuite readings also point to year-over-year increases in both property and violent offenses at the neighborhood level.
For investors, this context argues for attentive on-site management, lighting and access controls, and resident engagement to support retention and community perception. Comparisons should be made against immediate peer properties, as operations and design can materially influence outcomes within similar crime environments.
Nearby employment is anchored by logistics and financial services headquarters in Downtown and Southbank, supporting commuter-friendly renter demand for workforce and professional households. The list below highlights the closest corporate offices that help underpin leasing stability for this corridor.
- CSX — transportation & logistics HQ (12.6 miles) — HQ
- Fidelity National Financial — financial services (13.2 miles) — HQ
- Fidelity National Information Services — fintech & payments (13.2 miles) — HQ
- Anixter — distribution & networking supplies (13.3 miles)
This 24-unit asset benefits from a top-quartile neighborhood position within Jacksonville (66 of 368), strong local renter concentration, and expanding 3-mile household counts that support a larger tenant base. Neighborhood rents benchmark above many U.S. areas, while occupancy trends below national medians point to potential upside with focused leasing, renewals, and competitive amenity positioning. Elevated ownership costs locally further support renter reliance on multifamily housing. Based on commercial real estate analysis from WDSuite, these dynamics indicate durable demand with operational levers to drive NOI.
Key considerations include safety metrics that run weaker than national norms and limited park/pharmacy amenities nearby. Execution around on-site experience, security, and value-forward unit finishes should help differentiate versus comps. Overall, the location and demographic trajectory provide a constructive backdrop for sustained demand and measured rent growth over the hold period.
- Top-quartile neighborhood rank in Jacksonville supports long-term demand depth
- High renter-occupied share indicates a sizable tenant base and steady leasing
- 3-mile household growth and rising incomes support occupancy stability and pricing
- Neighborhood rents price above many U.S. areas; execution can unlock NOI despite mid-pack occupancy
- Risks: below-national safety metrics and limited nearby parks/pharmacies require operational focus