| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 42nd | Poor |
| Demographics | 38th | Poor |
| Amenities | 36th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 14818 Shark St, Hudson, FL, 34667, US |
| Region / Metro | Hudson |
| Year of Construction | 1988 |
| Units | 71 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
14818 Shark St, Hudson FL Multifamily Investment
Suburban Hudson shows a moderate renter base and a high-cost ownership backdrop that can support steady multifamily demand, according to WDSuite’s CRE market data. Investors should balance this with evidence of softer neighborhood occupancy, favoring disciplined leasing and value-oriented positioning.
Livability in this suburban Pasco County location skews residential and low-density. Retail and daily services are more dispersed than in core Tampa submarkets, while park and pharmacy access test in the top quartile nationally, suggesting convenient green space and healthcare options even if cafes and grocery storefronts are sparse. School quality trends below national averages, which may influence unit mix and leasing strategy toward adult households and seniors.
Relative to the Tampa–St. Petersburg–Clearwater metro, the neighborhood’s overall rank sits below the metro median (583 out of 710 neighborhoods), signaling mixed fundamentals versus closer-in alternatives. Neighborhood occupancy tracks well below metro norms and the lower national percentiles, so investors should underwrite to conservative lease-up and retention assumptions and emphasize property-level operations to outperform the local baseline.
Tenure patterns show a renter-occupied share near one-quarter of housing units. For multifamily owners, this indicates a defined, if not dominant, tenant base and points to stable entry-level demand rather than transient spikes. Elevated home values relative to local incomes (upper-national-percentile value-to-income levels) reinforce renter reliance on multifamily housing, which can aid pricing power and renewal capture when paired with disciplined affordability management.
Demographic statistics are aggregated within a 3-mile radius. Over the past five years, population edged down while household counts rose, indicating smaller household sizes and a tilt toward one- and two-person households. Forward-looking estimates point to additional household growth and rising incomes through the mid-term, supporting a larger tenant base and measured rent growth potential even as the area remains suburban and car-oriented.
Comparable crime statistics for this neighborhood are not available in the current WDSuite release. Without rank or percentile data, investors should rely on trend-level context from local sources and property manager feedback, and benchmark against broader Pasco County and Tampa metro patterns to frame risk and insurance considerations.
Regional employment is anchored by financial services, health plans, and technology distribution within commuting distance, supporting renter demand among office and operations workers.
- Raymond James — financial services (22.4 miles)
- Wellcare Health Plans — health insurance (24.9 miles) — HQ
- MetLife Insurance Company — insurance (25.6 miles)
- Tech Data — IT distribution (31.4 miles) — HQ
- Raymond James Financial — financial services (33.5 miles) — HQ
Built in 1988, this 71-unit asset is newer than the neighborhood’s average vintage, offering competitive positioning versus older local stock while still warranting targeted renovations to modernize systems and finishes. The surrounding area exhibits a moderate renter-occupied share and a high-cost ownership market, which can help sustain renter reliance and renewal capture for well-managed, value-forward communities.
While neighborhood occupancy reads soft versus metro and national baselines, household counts within a 3-mile radius are expanding and are projected to continue growing alongside incomes, supporting a larger tenant base and measured rent growth. Underwriting that prioritizes operational execution, pragmatic amenities, and affordability discipline can translate these dynamics into stable cash flow, based on CRE market data from WDSuite.
- 1988 construction provides a relative edge over older neighborhood stock with clear value-add and modernization pathways.
- Moderate renter concentration and elevated ownership costs support multifamily demand depth and renewal potential.
- 3-mile household growth and rising incomes expand the tenant base and support steady, operations-led rent growth.
- Proximity to major employers across finance and tech distribution underpins leasing from a commuting workforce.
- Risk: local occupancy trails metro norms; business plans should emphasize leasing efficiency, affordability management, and expense control.