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6048 Florida Cir S - 23 Property Portfolio 1,244 SF Specialty Building Offered at $11,642,535 CAD at a 6.42% Cap Rate in Apollo Beach, FL 33572



Investment Highlights
- Portfolio of 23 stabilized, income-producing single-family homes in Hillsborough and Manatee Counties
- Current annual gross income of $754,176 with strong in-place occupancy and proven rent roll
- Professionally managed with systems in place for operational efficiency and turnkey transition
- Immediate portfolio scale in a fragmented SFR asset class, eliminating acquisition complexity
- Net Operating Income (NOI): $529,638; Acquisition CAP Rate: 6.23%
- Located in Florida’s high-growth regional corridor with population and job growth above national averages
Executive Summary
This offering represents a rare opportunity to acquire a stabilized portfolio of 23 single-family rental homes positioned within high-demand neighborhoods across Hillsborough and Manatee counties. These homes are ideally situated near major job centers, quality schools, waterfront amenities, and Florida’s most sought-after coastal attractions, ensuring long-term rental demand in one of the Southeast’s most dynamic housing markets.
Designed for both private and institutional capital seeking immediate footprint expansion, this portfolio provides in-place cash flow, geographic diversification, and operational efficiency within a concentrated regional cluster. The properties feature a balanced mix of floor plans and community locations, appealing to families, professionals, and retirees alike.
The portfolio currently generates strong annual gross rents of approximately $754,000, supported by consistent tenant occupancy and a proven rent roll. Conservative underwriting projects upside through rent escalations, operational streamlining, and value-add opportunities. Florida’s pro-growth economy, enduring population inflow, and favorable tax environment further reinforce long-term investment durability.
This is a turnkey, income-producing platform delivering attractive risk-adjusted returns without the time or expense of one-by-one aggregation. Whether your investment priorities focus on cash yield, appreciation, or breakup sale strategies, this portfolio is uniquely positioned to deliver.
Designed for both private and institutional capital seeking immediate footprint expansion, this portfolio provides in-place cash flow, geographic diversification, and operational efficiency within a concentrated regional cluster. The properties feature a balanced mix of floor plans and community locations, appealing to families, professionals, and retirees alike.
The portfolio currently generates strong annual gross rents of approximately $754,000, supported by consistent tenant occupancy and a proven rent roll. Conservative underwriting projects upside through rent escalations, operational streamlining, and value-add opportunities. Florida’s pro-growth economy, enduring population inflow, and favorable tax environment further reinforce long-term investment durability.
This is a turnkey, income-producing platform delivering attractive risk-adjusted returns without the time or expense of one-by-one aggregation. Whether your investment priorities focus on cash yield, appreciation, or breakup sale strategies, this portfolio is uniquely positioned to deliver.
Property Facts
| Price | $11,642,535 CAD | Property Subtype | Residential Income |
| Price Per SF | $9,358.95 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 1,244 SF |
| Cap Rate | 6.42% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1960 |
| Zoning | RSC-6 - Residential, Single-Family Conventional | ||
| Price | $11,642,535 CAD |
| Price Per SF | $9,358.95 CAD |
| Sale Type | Investment |
| Cap Rate | 6.42% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Building Size | 1,244 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | RSC-6 - Residential, Single-Family Conventional |
Amenities
- Air Conditioning
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
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6048 Florida Cir S - 23 Property Portfolio
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