| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 53rd | Fair |
| Demographics | 49th | Fair |
| Amenities | 24th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2760 Mayport Rd, Jacksonville, FL, 32233, US |
| Region / Metro | Jacksonville |
| Year of Construction | 1987 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2760 Mayport Rd Jacksonville Multifamily Investment
Neighborhood data points to a sizable renter base and accessible rents that can support steady lease-up, according to WDSuite’s CRE market data. While amenities are mixed, investor focus should center on renter concentration and demand drivers rather than luxury positioning.
This Inner Suburb location in Jacksonville offers practical access to daily needs with a stronger showing in groceries than in parks, pharmacies, or cafes. The neighborhood’s grocery density ranks competitive among Jacksonville neighborhoods (56 out of 368), while broader amenities trend below the metro median, suggesting residents rely on nearby corridors for dining and services. For investors, this points to workforce-oriented demand rather than lifestyle-driven premiums.
Rents in the neighborhood sit around the national middle, with five-year growth outpacing many lower-cost areas. The neighborhood occupancy rate is below the metro median, but renter-occupied housing is high, indicating depth in the tenant base that can support ongoing leasing activity and stabilize cash flow with attentive management and targeted renewals (neighborhood occupancy is referenced at the neighborhood level, not the property).
Within a 3-mile radius, demographics show essentially flat population counts alongside growth in households, indicating smaller average household sizes and a gradual shift toward more housing demand per resident. Over the next few years, projections call for additional household growth even if population softens, which can expand the renter pool and support occupancy as units turn.
Ownership costs in this area are lower than high-cost coastal markets, which can create some competition with entry-level homeownership. At the same time, rent-to-income levels indicate modest affordability pressure for renters, a setup that often supports retention and predictable renewals when paired with disciplined lease management.
Safety indicators for the neighborhood are below national averages, with WDSuite data placing the area in lower national percentiles for safety. Compared with Jacksonville neighborhoods, the crime rank (221 out of 368) sits below the metro median, signaling that investors should underwrite with prudent security measures and tenant screening in mind.
Recent trends show increases in estimated offense rates year over year. A conservative approach that budgets for lighting, cameras, and community standards can help support tenant retention and protect NOI, particularly for workforce assets.
Regional employers within commuting range help underpin renter demand through steady white-collar and logistics employment. Nearby anchors include CSX, Fidelity National Financial, Fidelity National Information Services, and Anixter — all relevant to leasing stability through commute convenience.
- CSX — transportation & logistics (14.7 miles) — HQ
- Fidelity National Financial — financial services (15.4 miles) — HQ
- Fidelity National Information Services — fintech (15.4 miles) — HQ
- Anixter — distribution (16.8 miles)
Built in 1987, the property aligns with the neighborhood’s average vintage, offering a practical platform for value-add updates such as interiors, common areas, and systems that can sharpen competitive positioning against newer stock. The neighborhood shows a high share of renter-occupied housing, pointing to a deep tenant base. According to CRE market data from WDSuite, rent levels and rent-to-income ratios suggest manageable affordability pressure, which can support retention and measured rent steps.
Within a 3-mile radius, households have increased and are projected to grow further even as population trends soften, implying smaller household sizes and sustained need for rental options. Investors should weigh this demand backdrop against below-median neighborhood occupancy and modest amenity density, underwriting targeted capital plans and active leasing to capture durable cash flow.
- 1987 vintage supports value-add upgrades to drive competitiveness
- High renter-occupied share indicates depth of tenant demand
- Household growth within 3 miles supports occupancy stability despite softer population
- Rent-to-income levels point to retention potential with disciplined lease management
- Risks: below-median neighborhood occupancy, thinner amenity set, and safety considerations requiring prudent OPEX