Sell a Rental Property With Tenants — No Notices, No Evictions
Late rent, 2 a.m. maintenance calls, a tenant who trashed the unit, an insurance bill that doubled, a roof that needs replacing before the policy renews. Being a landlord in Tampa Bay was supposed to be passive income. We buy rentals with the tenants in place — paying or not — and take over the headache the day we close.
- Tenants stay or go — our problem
- Single-family to small multi-family
- Deferred maintenance OK
- Security deposits handled at closing
Prefer to talk? Text or call Alex directly at (727) 353-6206.
Get My Cash Offer
Tell us about the house. We'll call you with a fair cash offer — no obligation.
- You can sell a rental in Florida with a tenant in place; the lease transfers to the new owner. You do not need to give notice to sell, and you don’t need the tenant’s permission.
- Month-to-month tenants in Florida require at least 30 days’ written notice to end the tenancy (Chapter 83); a lease runs to its end date unless it says otherwise. Either way, we handle it after closing.
- Security deposits transfer to the buyer at closing, and the tenant is notified of the new owner. We handle the Chapter 83 deposit notice.
- Non-paying tenants are not a problem for us — see our occupied-house page for how we handle removals lawfully.
- We buy duplexes, triplexes, fourplexes and small apartment buildings, not just single-family houses.
Why landlords sell to us instead of listing
- No showings with tenants in the way. Scheduling showings around a tenant is painful and often illegal without proper notice; we need one walkthrough.
- No turnover. Listing agents usually want the unit vacant, painted, and staged. That means losing rent and spending money before you see a dime.
- No repairs from an inspection. Retail buyers’ inspectors flag the old roof, the Federal Pacific panel, the cast-iron drain lines. We price it in and move on.
- Keep collecting rent until closing. Rent is prorated at closing like taxes.
- Problem tenants are our job. If they aren’t paying or won’t leave, we handle the legal process after closing.
How the sale works with tenants in place
- Tell us about the property, the leases (or lack of them), the rents, and what’s been deferred.
- One walkthrough, with proper notice to the tenants — we’ll help you word it.
- Written cash offer within 24 hours based on the condition and the income, with the math explained.
- Closing at a title company on your date. Rents, deposits and taxes are prorated. The tenant gets a letter about the new owner and where to pay.
Taxes when you sell a rental
A rental you’ve depreciated will usually have a taxable gain and depreciation recapture when you sell. Landlord sellers often use a 1031 exchange to roll into another property or simply plan for the tax. We can close on a timeline that works with an exchange intermediary. Talk to your CPA; we’ll give you whatever closing dates and documents you need.
Portfolio and multi-family
Selling two, five, or ten houses at once? Or a 4–20 unit building? We buy portfolios in Pinellas and Hillsborough County and can close on all of them together or in stages. One contract, one title company, one closing table.
We are a cash home buyer, not a law firm. This page is general information about Florida law and local process, not legal advice. For advice on your situation, talk to a Florida attorney — we work with several and are glad to make an introduction.
Questions sellers ask about this
Do I have to tell my tenants I’m selling?
What about the security deposits?
My tenant hasn’t paid in four months. Does that matter?
Can you buy my duplex / fourplex / small apartment building?
Can you close on my 1031 timeline?
Done being a landlord?
Tell us about the house and your situation. We’ll call you with a fair cash offer and a plan.
- $0 fees and no realtor commissions
- We pay normal closing costs
- Close in as little as 7–14 days — or on your schedule
- Sell as-is: no repairs, no clean-up
Get a Fair Cash Offer
No obligation. We'll call you within one business day.