Projects
WheelHouse San Pablo
Project facts
- Status
- Completed
- Address
- 14105 WM Davis Parkway
- City
- Jacksonville, Florida
- Region
- Jacksonville MSA
- Submarket
- Jacksonville; Orange Park
- Units
- 80
- Amenity tier
- Premium
- Key amenities
- Gated Access & Security, Owners' Clubhouse/Lounge, Wash Bays & RV Stations, Mezzanine Capabilities
- Construction
- Metal
- Finish level
- High-Quality
- Year built
- 2024
- Flood zone
- AE
Market value summary
- # of Sales (T-36)
- 17
- Avg Sale Price (T-36)
- $411 / SF
- Avg Sale Price (T-36)
- $569,000
- Avg Market Value
- $476 / SF
- Avg Market Value
- $637,000
Location Summary
Jacksonville / Jacksonville; Orange Park Overview
The property at 14105 WM Davis Parkway occupies the San Pablo Road medical and residential district in far eastern Duval County, about 1.2 miles north of the Butler Boulevard interchange at San Pablo Road, 1.4 miles south of Beach Boulevard, and less than a mile east of the Mayo Clinic Florida campus entrance. This is the Intracoastal side of the Southside rather than the Town Center retail belt: the Intracoastal Waterway lies about 0.7 miles east, the Atlantic at Jacksonville Beach roughly 3.5 miles beyond that, and Ponte Vedra Beach about 15 minutes south on San Pablo Road and A1A. Butler Boulevard reaches downtown in about 20 minutes and Jacksonville International Airport in roughly 35.
The trade area is the more affluent of Duval's Southside pockets. Within five miles the site reaches 131,085 residents across 54,490 households, a median household income of $93,496, 26.7 percent of households above $150,000, and 8,795 households above $200,000. Median home value is $464,814 at five miles and $494,561 at three, reflecting the Pablo Bay, Isle of Palms, and Intracoastal waterfront neighborhoods surrounding the address. The platform scores the site 6.7 out of 10 on its portfolio-relative Wealth Index. Seasonal units run 2.6 percent of stock and 15.5 percent of households keep three or more vehicles, both direct signals for this use.
Two points of metro context carry over from the platform's market work: the Jacksonville MSA reached roughly 1,760,548 residents in mid-2024, and healthcare led by Mayo Clinic is one of the metro's structural growth pillars alongside port logistics and financial services. Within the Jacksonville; Orange Park corridor, which carries the highest wealth percentile of SCK's four Jacksonville submarkets at 73.9, this address is the eastern, water-adjacent, higher-income end rather than the urban core.
Current Events & Infrastructure
- Mayo Clinic North Campus, phase one (immediately north of WM Davis Parkway): Mayo filed for a roughly $4.67 million site permit to clear 39.5 acres and build the entry roadway for the first 34-acre phase of a 209.36-acre campus expansion directly north of WM Davis Parkway and northwest of the existing San Pablo Road medical center. City permit review was underway in January 2025, and the full build-out is planned to reach about 7.5 million square feet of outpatient, research, clinical, education, hospital, housing, and hotel space through 2045.
- Mayo Clinic patient tower phase 3B, almost $19 million (about 0.7 miles west): The city issued a permit in August 2025 for a 40,064 square foot interior build-out spanning two floors connecting the new patient tower to the main hospital, housing radiology, pharmacy, and support services. It is one increment of a $432 million bed-expansion program adding 121 inpatient beds including 56 ICU beds, itself part of more than $1 billion of Mayo construction in Jacksonville since 2016.
Key Demand Drivers
Demand at this address is not retail traffic; it is the concentration of high-earning professionals and water-oriented households inside a very small radius. Mayo's physician and executive base, the Pablo Bay and Intracoastal residential communities, and a boating culture with limited upland storage all produce owners needing secure, climate-controlled enclosed space their homes and slips do not provide. All drivers below are non-competing.
- Mayo Clinic Florida, 4500 San Pablo Road (under 1 mile west): Nearly 9,000 employees including more than 900 physicians, ranked the number one hospital in Florida, with more than $600 million in ongoing capital projects. It is the largest concentration of high-income professional employment within five miles.
- The Duan Family Building carbon ion therapy center, $320 million (about 0.8 miles west): A 228,000 square foot, six-treatment-room facility that opened for photon therapy in July 2024, with carbon ion treatment expected to begin in 2028 pending FDA approval. It will be the first carbon ion program in the Western Hemisphere, drawing destination patients and research staff to this district.
- Hilton Jacksonville at Mayo Clinic, 4745 Transformation Way (about 0.6 miles west): An eight-story, 252-room, 184,000 square foot hotel budgeted near $70 million that opened in October 2024.
- Palm Cove Marina, 14603 Beach Boulevard (about 1.5 miles north): The largest dry storage operation on Jacksonville's Intracoastal Waterway, with 221 slips including 25 transient berths, a 72,000 square foot dry storage building, vessels to 90 feet, and roughly nine marine tenant businesses at ICW mile marker 747.4. Boat-owning households here need enclosed upland space for trailers, tenders, and tow vehicles.
- Duval County visitor and beach economy (Atlantic about 3.5 miles east): Jacksonville hosted more than 8 million visitors in 2024, producing an estimated $7.4 billion in economic impact and 56,900 supported jobs countywide, with beach recreation a top-three activity.
Location Highlights
- MSA Position: Jacksonville reached roughly 1,760,548 residents in mid-2024, and the San Pablo and Intracoastal corridor is one of the metro's highest-income growth pockets outside St. Johns County.
- Enthusiast and Collector Culture: Year-round dry driving weather and a straight run east to A1A support use of stored vehicles in every month; the Intracoastal boating culture adds a parallel population needing trailer and tow-vehicle space.
- Infrastructure and Recreation: Butler Boulevard at San Pablo Road sits 1.2 miles south, the Intracoastal Waterway 0.7 miles east, and the Jacksonville Beach oceanfront about 3.5 miles east.
- Market-Specific Factor: Mayo's 209-acre North Campus begins immediately north of WM Davis Parkway, committing multi-decade institutional construction and employment growth on the parcel line rather than merely in the submarket.
- Tax and Quality of Life: Florida levies no state income tax, a durable draw for the relocating physicians, executives, and retirees choosing this corridor.
- High Net Worth Concentration: 5,476 households earning above $200,000 within three miles, 8,795 within five, and 12,238 within seven, with median home value above $425,000 across all three rings, an unusually flat and high wealth curve for Duval County.
Area Demographics (ACS 2024)
5-Mile Profile: Population 131,085 | Median HH Income $93,496 | HH Earning $150K+ 26.7% | Median Age 36.7 | Age 55+ 27.6% | Seasonal Units 2.6% | Households with 3+ Vehicles 15.5%
Wealth Index: 6.7 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 101 | 1,400 SF | $678,000 | $484 / SF |
| Unit 102 | 1,200 SF | $606,000 | $505 / SF |
| Unit 103 | 1,200 SF | $606,000 | $505 / SF |
| Unit 104 | 1,200 SF | $606,000 | $505 / SF |
| Unit 105 | 1,200 SF | $606,000 | $505 / SF |
| Unit 106 | 1,200 SF | $606,000 | $505 / SF |
| Unit 107 | 1,200 SF | $606,000 | $505 / SF |
| Unit 108 | 1,400 SF | $624,000 | $446 / SF |
| Unit 109 | 1,714 SF | $723,000 | $422 / SF |
| Unit 110 | 1,150 SF | $586,000 | $510 / SF |
| Unit 111 | 1,150 SF | $586,000 | $510 / SF |
| Unit 112 | 1,400 SF | $678,000 | $484 / SF |
| Unit 201 | 1,120 SF | $575,000 | $513 / SF |
| Unit 202 | 920 SF | $541,000 | $588 / SF |
| Unit 203 | 920 SF | $495,000 | $538 / SF |
| Unit 204 | 920 SF | $495,000 | $538 / SF |
| Unit 205 | 920 SF | $495,000 | $538 / SF |
| Unit 206 | 920 SF | $495,000 | $538 / SF |
| Unit 207 | 760 SF | $419,000 | $552 / SF |
| Unit 208 | 1,648 SF | $691,000 | $419 / SF |
| Unit 209 | 1,648 SF | $691,000 | $419 / SF |
| Unit 210 | 760 SF | $419,000 | $552 / SF |
| Unit 211 | 920 SF | $495,000 | $538 / SF |
| Unit 212 | 920 SF | $495,000 | $538 / SF |
| Unit 213 | 920 SF | $495,000 | $538 / SF |
| Unit 214 | 1,334 SF | $655,000 | $491 / SF |
| Unit 215 | 920 SF | $495,000 | $538 / SF |
| Unit 216 | 1,120 SF | $575,000 | $513 / SF |
| Unit 301 | 960 SF | $512,000 | $533 / SF |
| Unit 302 | 920 SF | $495,000 | $538 / SF |
| Unit 303 | 760 SF | $409,000 | $538 / SF |
| Unit 304 | 1,648 SF | $691,000 | $419 / SF |
| Unit 305 | 1,648 SF | $691,000 | $419 / SF |
| Unit 306 | 760 SF | $419,000 | $552 / SF |
| Unit 307 | 920 SF | $495,000 | $538 / SF |
| Unit 308 | 960 SF | $512,000 | $533 / SF |
| Unit 401 | 1,280 SF | $594,000 | $464 / SF |
| Unit 402 | 1,484 SF | $633,000 | $426 / SF |
| Unit 403 | 1,120 SF | $581,000 | $519 / SF |
| Unit 404 | 1,120 SF | $581,000 | $519 / SF |
| Unit 405 | 1,120 SF | $534,000 | $477 / SF |
| Unit 406 | 2,828 SF | $976,000 | $345 / SF |
| Unit 407 | 3,942 SF | $1,367,000 | $347 / SF |
| Unit 408 | 1,624 SF | $717,000 | $442 / SF |
| Unit 409 | 1,120 SF | $565,000 | $504 / SF |
| Unit 410 | 1,120 SF | $618,000 | $552 / SF |
| Unit 411 | 1,280 SF | $581,000 | $454 / SF |
| Unit 501 | 960 SF | $472,000 | $492 / SF |
| Unit 502 | 1,311 SF | $596,000 | $455 / SF |
| Unit 503 | 960 SF | $566,000 | $589 / SF |
| Unit 504 | 2,066 SF | $814,000 | $394 / SF |
| Unit 505 | 1,781 SF | $743,000 | $417 / SF |
| Unit 506 | 960 SF | $519,000 | $540 / SF |
| Unit 507 | 960 SF | $519,000 | $540 / SF |
| Unit 508 | 960 SF | $512,000 | $533 / SF |
| Unit 601 | 1,830 SF | $756,000 | $413 / SF |
| Unit 602 | 1,708 SF | $721,000 | $422 / SF |
| Unit 603 | 2,240 SF | $822,000 | $367 / SF |
| Unit 604 | 1,708 SF | $721,000 | $422 / SF |
| Unit 605 | 2,240 SF | $824,000 | $368 / SF |
| Unit 606 | 1,708 SF | $706,000 | $413 / SF |
| Unit 607 | 2,051 SF | $822,000 | $401 / SF |
| Unit 701 | 1,464 SF | $649,000 | $443 / SF |
| Unit 702 | 1,464 SF | $648,000 | $443 / SF |
| Unit 703 | 1,464 SF | $630,000 | $430 / SF |
| Unit 704 | 2,820 SF | $996,000 | $353 / SF |
| Unit 801 | 1,925 SF | $791,000 | $411 / SF |
| Unit 802 | 1,950 SF | $797,000 | $409 / SF |
| Unit 803 | 1,518 SF | $646,000 | $425 / SF |
| Unit 804 | 1,375 SF | $669,000 | $487 / SF |
| Unit 805 | 1,825 SF | $755,000 | $414 / SF |
| Unit 806 | 1,375 SF | $669,000 | $487 / SF |
| Unit 807 | 1,825 SF | $755,000 | $414 / SF |
| Unit 808 | 1,375 SF | $669,000 | $487 / SF |
| Unit 809 | 1,375 SF | $669,000 | $487 / SF |
| Unit 810 | 1,525 SF | $648,000 | $425 / SF |
| Unit 811 | 1,375 SF | $669,000 | $487 / SF |
| Unit 812 | 1,375 SF | $669,000 | $487 / SF |
| Unit 813 | 1,375 SF | $669,000 | $487 / SF |
| Unit 814 | 2,100 SF | $833,000 | $397 / SF |