| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 85th | Best |
| Amenities | 36th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1100 Lime St, Fernandina Beach, FL, 32034, US |
| Region / Metro | Fernandina Beach |
| Year of Construction | 1980 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1100 Lime St, Fernandina Beach Multifamily Investment
Neighborhood-level indicators point to stable renter demand supported by high household incomes and strong schools, according to WDSuite’s CRE market data. These figures describe the surrounding neighborhood rather than the property itself, underscoring location fundamentals for long-term hold considerations.
Fernandina Beach’s neighborhood profile scores well for livability and income depth, with an A-rated neighborhood rank of 55 out of 368 in the Jacksonville metro — competitive among Jacksonville neighborhoods. Restaurants are relatively accessible (ranked 88 of 368), while grocery and pharmacy access track above metro median levels; however, parks, cafes, and childcare are limited, which investors should consider when positioning amenities.
School quality is a notable strength. The neighborhood’s average school rating is among the top quartile of metro locations (ranked 18 of 368) and compares favorably nationwide (84th percentile), an attribute that can support retention and broaden the tenant profile. Elevated home values (83rd percentile nationally) indicate a high-cost ownership market relative to many U.S. neighborhoods, which can sustain reliance on rental options and support pricing power when paired with prudent lease management.
Renter-occupied housing represents a smaller share of units locally (neighborhood renter concentration ranked 230 of 368), implying a thinner renter base than denser urban submarkets; yet median contract rents sit in the upper range nationally (78th percentile). Neighborhood occupancy is mid-pack in the metro (ranked 229 of 368), suggesting room for property-level performance to outperform with targeted operations and value-add upgrades.
Within a 3-mile radius, WDSuite data shows population growth over the last five years alongside a 13.7% increase in households and a trend toward smaller household sizes. Forecasts to 2028 indicate further household expansion and a rising renter share, pointing to a larger tenant base over time. Combined with strong median incomes, these dynamics support long-run multifamily demand rather than signaling near-term lease-up guarantees.
Comparable, neighborhood-specific crime metrics are not available in the provided WDSuite dataset for this location. Investors typically benchmark safety using multiple sources — including regional reporting, municipal data, and property-level history — to understand trends relative to Jacksonville metro norms.
Given the absence of ranked or percentile safety data here, a pragmatic approach is to evaluate recent trend direction and comparables in nearby neighborhoods, and to incorporate operating measures (lighting, access controls, and resident engagement) as part of risk management rather than relying on single-point estimates.
Regional employment anchors in and around Jacksonville — notably rail transportation, fintech, title insurance, and industrial distribution — are within commuting range, which can support renter demand and lease retention for workforce and professional households.
- CSX — rail transportation (25.9 miles) — HQ
- Fidelity National Financial — title insurance (26.5 miles) — HQ
- Fidelity National Information Services — fintech (26.5 miles) — HQ
- Anixter — industrial distribution (36.0 miles)
1100 Lime St offers scale for local operations at 48 units with 1980 construction, presenting clear value-add and capital planning angles against a neighborhood stock that trends newer on average. Elevated neighborhood home values and strong school ratings support durable demand, while mid-pack neighborhood occupancy suggests potential to create outperformance through targeted renovations, amenity programming, and leasing discipline.
Within a 3-mile radius, population and households have expanded and are projected to continue increasing, with a shift toward smaller households — a pattern that typically broadens the renter pool and supports occupancy stability. Median rents and incomes trend on the higher side relative to national benchmarks; according to CRE market data from WDSuite, this combination reinforces pricing resilience when paired with measured affordability controls and active lease management.
- 1980 vintage enables value-add upgrades (interiors/systems) to enhance rent positioning versus newer neighborhood stock.
- Strong schools and high home values support tenant retention and sustained reliance on rentals.
- Household and renter pool expansion within 3 miles underpins long-run demand and occupancy durability.
- Pricing power potential supported by higher-income profile; apply affordability and renewal strategies to balance retention.
- Risks: lower neighborhood renter concentration and limited park/cafe amenities; mitigate via product differentiation and targeted marketing.