| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Best |
| Demographics | 83rd | Best |
| Amenities | 51st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4813 Florida Club Cir, Jacksonville, FL, 32216, US |
| Region / Metro | Jacksonville |
| Year of Construction | 2008 |
| Units | 36 |
| Transaction Date | 2006-11-10 |
| Transaction Price | $5,980,000 |
| Buyer | CA FLORIDA CLUB OWNER LLC |
| Seller | FL CLUB JACKSONVILLE INVESTORS LLC |
4813 Florida Club Cir Jacksonville Multifamily Investment
Built in 2008, this 36-unit asset offers relatively newer stock for Jacksonville’s inner suburbs and benefits from a strong renter base, according to WDSuite’s CRE market data. Neighborhood fundamentals point to steady renter demand with room for operational upside through leasing and asset-level execution.
Located in an Inner Suburb of Jacksonville, the neighborhood carries an A rating and ranks 33 out of 368 metro neighborhoods, placing it in the top quartile locally. That positioning reflects balanced access to daily needs and a tenant base that supports multifamily leasing, even as neighborhood-level occupancy trends run softer than stronger submarkets.
Amenity density is a relative strength: restaurant and cafe counts rank competitively among Jacksonville neighborhoods and score well versus national peers, while grocery and pharmacy access is solid. Park and formal childcare options are thinner in the immediate area, so on-site amenities and programming can play a larger role in resident retention.
The area skews renter-occupied at the neighborhood level, signaling depth in the tenant pool and supporting leasing velocity for well-managed properties. Within a 3-mile radius, population and household counts have been expanding and are projected to continue growing through 2028, indicating a larger tenant base over time. These trends, based on CRE market data from WDSuite, support occupancy stability for competitively positioned assets.
Home values and household incomes track above many national benchmarks, suggesting a high-cost ownership market relative to incomes that sustains reliance on rental housing. Rent-to-income levels in the neighborhood remain manageable by national standards, which can aid lease retention while still allowing for disciplined pricing power where unit quality and management performance justify it.
Vintage matters: with a 2008 construction year compared with a neighborhood average near the mid-2000s, the property is somewhat newer than much of the nearby stock. Investors should plan for mid-life capital items and selective modernization to maintain competitive positioning against both older renovated assets and newer deliveries.
Safety indicators in this neighborhood trend weaker than many Jacksonville submarkets and below national averages. The area ranks 285th out of 368 metro neighborhoods on crime, and national comparisons place it in lower percentiles for safety. For investors, this typically calls for thoughtful security measures, good lighting, and resident engagement to support retention and day-to-day operations.
Nearby employment anchors include CSX (transportation), Fidelity National Financial (title/insurance), Fidelity National Information Services (financial technology), and Anixter (distribution). Proximity to these corporate offices supports workforce housing demand and commute convenience that can aid leasing stability.
- CSX — transportation HQ (7.8 miles) — HQ
- Fidelity National Financial — title insurance (8.0 miles) — HQ
- Fidelity National Information Services — financial technology (8.0 miles) — HQ
- Anixter — distribution/electrical supplies (8.5 miles)
This 2008-vintage, 36-unit property sits in a top-quartile Jacksonville neighborhood with competitive amenity access and a renter-leaning housing stock. Neighborhood occupancy trends are softer than stronger submarkets, but a sizeable renter base, expanding 3-mile population and households, and above-average incomes point to durable demand for well-managed multifamily. According to CRE market data from WDSuite, neighborhood rents benchmark above many national peers while rent-to-income remains manageable, creating room for disciplined revenue growth tied to unit quality and operations.
Relative to nearby stock, the property’s later vintage provides a competitive baseline, though investors should plan for mid-life capex and targeted upgrades to capture value and support retention. Safety metrics trail metro and national norms, so operating plans that emphasize security, lighting, and community standards are prudent risk mitigants.
- Newer 2008 vintage versus neighborhood average supports competitive positioning with selective modernization
- Renter-occupied concentration and expanding 3-mile population/households underpin tenant demand
- Amenity access (dining, cafes, daily needs) supports lease retention and pricing power
- Manageable rent-to-income context provides room for operational revenue initiatives
- Risks: neighborhood safety ranks below metro average and occupancy is softer; prioritize security and active leasing