| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Best |
| Demographics | 84th | Best |
| Amenities | 55th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1101 Plantation Island Dr S, St Augustine, FL, 32080, US |
| Region / Metro | St Augustine |
| Year of Construction | 1999 |
| Units | 109 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1101 Plantation Island Dr S St. Augustine Multifamily
Neighborhood data points to a high-income, ownership-tilted area where elevated home values support renter reliance on quality apartments, according to WDSuite’s CRE market data. The 109-unit scale positions this asset to capture stable demand even as neighborhood occupancy is mixed.
Located in suburban St. Augustine within the Jacksonville metro, the neighborhood carries an A rating and ranks 24 out of 368 metro neighborhoods — competitive among Jacksonville neighborhoods and comfortably above the metro median. Nationally, the area scores in the 84th percentile for overall demographics, signaling a deeper income base and education profile than many peers.
Everyday convenience supports livability: restaurants score around the 71st percentile nationally, pharmacies near the 71st, and grocery access near the 58th percentile, though cafe density is limited. These amenity levels typically aid leasing and retention without relying on destination retail.
Multifamily performance indicators are mixed at the neighborhood level. Neighborhood occupancy is below national averages (ranked 274 of 368; national percentile 34), but net operating income per unit trends strong locally (ranked 1 of 368; 97th percentile nationwide), suggesting revenue potential where product quality and operations are competitive. Renter-occupied housing is a small share in the neighborhood, indicating a thinner but likely more stable tenant base, with leasing bolstered by a high-cost ownership landscape (national value-to-income metrics near the 80th percentile).
Demographic statistics aggregated within a 3-mile radius show recent population softness alongside rising incomes and a forecasted increase in households by 2028, pointing to smaller household sizes and a larger tenant base forming over time. For a 1999-vintage property — newer than the neighborhood’s typical 1995 stock — this can enhance relative competitiveness versus older assets while still warranting targeted modernization for systems and finishes as part of capital planning.
Safety indicators are broadly comparable to national norms, with the neighborhood landing near the 52nd percentile nationwide. Within the Jacksonville metro, its crime rank is 79 out of 368 neighborhoods; in this framework, lower ranks indicate higher crime, so the position suggests conditions somewhat better than more at-risk pockets but worth ongoing monitoring.
Trends are mixed: estimated property offenses declined by roughly a third year over year (top quartile improvement — rank 27 of 368; about the 77th percentile nationally), which is constructive for perceived safety and leasing. Conversely, estimated violent offense rates moved higher year over year (ranked 87 of 368 for change; near the 33rd percentile nationally), underscoring the need for standard security practices and resident communication. As always, investors should compare trendlines across the broader region rather than drawing block-level conclusions.
Regional employment anchors within commuting range include distribution and rail headquarters as well as financial services — a mix that supports workforce housing and professional demand. The list below highlights nearby corporate offices relevant to renter demand and retention.
- Anixter — distribution (23.3 miles)
- CSX — rail & logistics (38.7 miles) — HQ
- Fidelity National Financial — financial services (38.8 miles) — HQ
- Fidelity National Information Services — financial technology (38.8 miles) — HQ
This 1999-vintage, 109-unit asset sits in an A-rated, above-median Jacksonville suburban neighborhood where elevated home values and strong incomes reinforce multifamily demand and lease retention. While neighborhood occupancy runs below national norms, local NOI per unit ranks at the top of the metro, indicating potential to sustain revenue where operations and product quality are competitive, based on CRE market data from WDSuite.
Demographic statistics within a 3-mile radius point to a near-term soft population trend but a projected increase in households by 2028, implying smaller household sizes and a gradually expanding renter pool. Amenity access is solid for daily needs, and a renter-light tenure mix suggests pricing power when well-positioned, though it also requires thoughtful marketing and unit segmentation to deepen the tenant base.
- A-rated neighborhood, above metro median, with nationally strong demographics supporting renter demand
- 1999 vintage offers competitive positioning versus older local stock with targeted value-add potential
- Strong neighborhood NOI per unit trends indicate revenue potential with effective operations
- Household growth within 3 miles suggests a larger tenant base over the medium term
- Risks: below-average neighborhood occupancy, limited cafe density, and mixed safety trendlines require active management