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Multifamily Market: Northeast Florida

downtown jacksonville in northeast florida

We are taking a closer look at the multifamily construction market in Northeast Florida, and what makes this area ideal for new developments. Summit has several projects under construction in Jacksonville, St. Augustine, and surrounding communities. 

This post is a part of a larger series on Emerging Multifamily Markets.

Jacksonville is HOT right now!

Summit has been building in Northeast Florida since we started in 2007, and we’ve always had some projects under construction here, but this region has been busier than usual. There are multifamily developments under construction in every corner of Duval County, and new opportunities are popping up in the surrounding communities in St. Johns, Nassau, and Clay Counties.

Northeast Florida, also known as Florida’s First Coast, is in need of all levels of housing from affordable housing to Class ‘A’ luxury to fill the needs of our existing population as well as the incoming population growth.

Links to Each County Website:
  • Duval County (Jacksonville): https://www.coj.net/
  • St. Johns County (St. Augustine): http://www.co.st-johns.fl.us/
  • Clay County (Orange Park): https://www.claycountygov.com/
  • Nassau County (Amelia Island): https://www.nassaucountyfl.com/
4 story apartment building with swimming pool and palm trees
Sentosa Beachwalk

What makes living here special?

Jacksonville is a great home base for Summit because we have a good source for labor in construction, and we have been able to foster long lasting relationships here with local subcontractors, architects and developers.

Northeast Florida has a great quality of life because of the climate and access to resources like the beaches, the St. Johns River, parks, major employers, entertainment and historic districts. There is a little bit of everything and it doesn’t hurt that it is much more affordable to live here than some other markets.

Downtown Jacksonville is changing and there is a lot more room for growth that could lead to more waterfront properties for restaurants, housing, hotels and more. We’re proud to be the contractor for many of the multifamily projects Downtown. Check out Downtown Investment Authority, and Build Up Downtown for more on what’s happening there.

Top City on East Coast

Jacksonville was recently named in Top 10 Best Places to Live on the East Coast by Travel & Leisure Magazine: https://www.travelandleisure.com/best-places-to-live-on-the-east-coast-7107398

Lofts at Murray Hill in Jacksonville

Jacksonville Hits 1 Million Residents

New residents will need places to live and experts are addressing the challenges. Check out the Jacksonville Daily Record’s coverage of Jacksonville’s milestone population change:


4 story apartment building with palm trees
Grand Cypress in St. Johns County

Featured Projects in Northeast Florida

Click on the images to see more information on each project. This is only a selection of Summit’s recent projects multifamily projects in Northeast Florida.

See More Multifamily Market Features

Read more in this series that features active construction markets in the Southeast US.
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