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Updated about 1 year ago on . Most recent reply

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Austin Wolfe
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Best area in Jax for mid term rental

Austin Wolfe
Posted

Hi all,

Been in Jacksonville for about a year and 6 months. I’m looking for some information on which area in Jacksonville (jax beach, downtown jax, San marco) is best for mid term rentals. Looking to connect with like minded investors, realtors and lenders. Which areas have the most individuals with decent occupations (traveling nurses, business executives, etc). 

Let’s connect and any advice would be appreciated thanks!

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Paul Hoffert
Pro Member
  • Investor
  • Jacksonville, FL
9
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Paul Hoffert
Pro Member
  • Investor
  • Jacksonville, FL
Replied

Austin,

TriciaRae and Mindy both gave good advise. 

The Riverside market (St Vincent's) and San Marco (Baptist main campus, Anderson Cancer Center and Wolfson's children's hospital) plus right next to downtown cover a good portion of the bases. Southpoint (Another major hospital and lots of medical related business (surgical centers, Cancer centers etc.) plus a good hub of business clustered in the area. 

The beaches area around Mayo Hospital is a another option but you start to get a little pricey in that area. Being close to Ponte Verde area you have a lot of wealth management people in that area as well. 

There is an opportunity possibly for you in the Springfield area (Shands Hospital a Level 1 Trauma  unit plus a couple of other hospitals and a ton of public service medical centers around there. But you will have to up security if you are very close to the hospital. One of the most dangerous neighborhoods for getting shot was just two blocks past the hospital.

(Please note this about Jacksonville, it is a great place but no mater where you are there are hit or miss spots. I grew up here and worked in the core city areas as well. When I say it is dangerous it is like most places, just be careful. I live in San Marco and two former mayors are my neighbors. Just up the street about a mile and a half we have some serious crimes. It is just this city. So don't be scared of the Shand's area, just enhance your units for the safety of the nurses. I actually looked at moving about five blocks from Shand's in Springfield area off of Main Street it is has so many beautiful restored Victorian homes. So I am not afraid of this area.)

Other close options would be to the north in Nassau Co (Yulee/Fernandina) that area about 20 minutes north is booming. Not super plays on business rentals but the medical options may work in this area as well.

One other area is South Jacksonville/St John's county. Fast growing area with lots of development and new medical centers. Baptist South and related medical centers are popping up down there. Also so good businesses located close by. 

I am sure you will find opportunity somewhere here and I wish you luck. 

Paul

  • Paul Hoffert
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