The school district, and neighborhood are top notch!

For example it is waterfront, is a flat cleared lot next to a tourist attraction with insufficient parking, it is positioned next to a church or other type of building that may need overflow parking, in between to meticulously maintained houses, or in an amazing school district.

I always recommend finding the information yourself but here’s what I know.The city is divided into a handful of districts and only a certain number of STR permits are issued in each district depending on various criteria.

Here is most likely what is going on:The city changed the zoning districts and they upzoned this area from residential to commercial/multifamily because they need higher density housing.

Some people don't want to buy in the high crime areas, Some people want better school districts; etc etc.

It is in a tiny little town similar to a  downtown district where you have alot of businesses with home sprinkled within. 

@Braden Smith: When we were in NOLA last, we went "off roading" in the Garden district.

It is possible you may need the support of the Councilmember for the district the property is located in.

I like Northside and Northeast school districts but many of these areas are priced too high to cash flow.

I am co differing buying a VR to get into a school district for my son and it’s a good deal so I am comfortable.