Florida

USDA rental housing in Nassau County, FL

15 properties in Nassau County have USDA Section 515 or 514 financing: 577 apartments across 4 towns. 450 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

15properties
577apartments
450rental assistance units
51vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

Heritage Villas Of Callahan

5286 Ewing Park Road, Callahan, FL 32011

Family · 8 1BR, 20 2BR

Managed by Dimension One Management, INC

Units
28
Rental assistance
18
Vacant
8
Accessible
2
Opened
1985

Pine Terrace Apts.

45153 Brown St, Callahan, FL 32011

Family · 12 1BR, 20 2BR

Managed by Hallmark Management, INC

Units
32
Rental assistance
29
Vacant
2
Accessible
0
Opened
1975

Pine Terrace Apts. Phase II

45153 Brown Street, Callahan, FL 32011

Elderly · 30 1BR, 1 2BR

Managed by Hallmark Management, INC

Units
31
Rental assistance
30
Vacant
0
Accessible
2
Opened
1986

Pine Terrace III

45153 Brown St, Callahan, FL 32011

Family · 10 1BR, 30 2BR

Managed by Hallmark Management, INC

Units
40
Rental assistance
27
Vacant
1
Accessible
2
Opened
1989

Buccaneer Villa Apt

1100 Lime Street, Fernandina Beach, FL 32034

Family · 48 2BR

Managed by Osc - Management, INC

Units
48
Rental assistance
47
Vacant
1
Accessible
0
Opened
1979

Countryside Apts

1105 S. 13th St., Fernandina Beach, FL 32034

Family · 6 1BR, 33 2BR

Managed by Flynn Management Corporation

Units
39
Rental assistance
35
Vacant
2
Accessible
2
Opened
1986

Murray Hill Apts

1655 Lime St, Fernandina Beach, FL 32034

Family · 31 2BR, 4 3BR

Managed by Royal American Management, INC

Units
35
Rental assistance
34
Vacant
0
Accessible
2
Opened
1984

Peppertree Village

1200 S 15th St, Fernandina Beach, FL 32034

Elderly · 60 1BR, 1 2BR

Managed by Hallmark Management, INC

Units
61
Rental assistance
58
Vacant
14
Accessible
0
Opened
1973

Post Oak Apts

996 Citrona Dr, Fernandina Beach, FL 32034

Family · 10 1BR, 32 2BR

Managed by Hallmark Management, INC

Units
42
Rental assistance
32
Vacant
1
Accessible
2
Opened
1991

Sandridge Apts.

2021 Jasmine St., Fernandina Beach, FL 32034

Elderly · 40 1BR, 6 2BR

Managed by Lamar Mgmt

Units
46
Rental assistance
40
Vacant
0
Accessible
3
Opened
1989

Cantebury Apts

37119 Cantebury Drive, Hilliard, FL 32046

Elderly · 16 1BR, 20 2BR

Managed by Hallmark Management, INC

Units
36
Rental assistance
34
Vacant
2
Accessible
2
Opened
1984

Pine Tree Apts

37083 Pine Tree Dr, Hilliard, FL 32046

Family · 12 1BR, 26 2BR, 6 3BR

Managed by Stuckey Management, INC

Units
44
Rental assistance
0
Vacant
1
Accessible
0
Opened
1981

Green Acres Apts

850746 Us Hwy 17, Yulee, FL 32097

Family · 16 1BR, 31 2BR

Managed by Dimension One Management, INC

Units
47
Rental assistance
23
Vacant
11
Accessible
3
Opened
1989

Yulee Villas

850766 Us Highway 17, Yulee, FL 32097

Family · 4 1BR, 10 2BR, 2 3BR

Managed by Flynn Management Corporation

Units
16
Rental assistance
15
Vacant
1
Accessible
1
Opened
1983

Yulee Villas II

850766 Us Highway 17, Yulee, FL 32097

Family · 12 1BR, 16 2BR, 4 3BR

Managed by Flynn Management Corporation

Units
32
Rental assistance
28
Vacant
7
Accessible
2
Opened
1987

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

All 15 are limited-profit. 7 also have housing tax credits. 4 serve elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a Nassau County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).