17-Home Portfolio (16 Rented) Inclusive Of 11+ Additional Homesites

Investment Overview

Opportunity to acquire a 17-home residential portfolio (16 currently leased) along with 11+ additional buildable lots, offering significant upside through both rental income and future development. Located within a private community near one of Florida’s largest spring-fed lakes, the properties sit on a total of 6.03 acres and are surrounded by approximately 600 acres of conservation land. The portfolio features a strog tenant base, including several long-term residents (up to 20+ years), along with newer tenants. Many homes have been updated with vinyl or Hardie siding, vinyl flooring, and key capital improvements such as recent septic replacements. One unit is currently under renovation, providing immediate value-add potential. A key differentiator of this asset is its grandfathered parcel configuration, allowing for smaller lot splits and additional homesite density that would not be achievable under current zoning or development standards elsewhere.

Investment Highlights

• 16 income-producing units with stable occupancy
• 11+ additional buildable homesites for future expansion or resale
• Private roads (no county maintenance)
• Utilities serviced by Clay Electric
• Strong rental history tied to workforce housing demand
• Potential to increase rents and expand footprint
• $188,220 annual income