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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.

Property Facts

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
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
  • Listing ID: 40284760

  • Date on Market: 2026-04-24

  • Last Updated:

  • Address: 6048 Florida Cir S, Apollo Beach, FL 33572

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