Ready to sell your Clearwater, FL investment property? Cash purchase of rentals, condos, duplexes and small multifamily with tenants in place, 1031 exchange timing, and no commission. Written offer within 24 hours for owners exiting.
Clearwater has been good to real estate investors for decades, and many of them are now ready to leave. The reasons are consistent: insurance that has become the largest expense on the statement, non-homestead taxes with a 10 percent cap and no exemption, condo assessments on beach and Countryside units, roofs and systems reaching the end of their lives across a portfolio at once, tenants who are harder to replace, and owners who have aged out of managing it all or moved away. The owner of a single rental house in Greenwood and the owner of six units across north Pinellas face the same question: how to exit without months of vacancy, renovation and listing.
Clearwater Cash Buyers buys investment properties from their owners throughout Clearwater and north Pinellas: single-family rentals, condos, townhomes, duplexes and small multifamily, occupied or vacant, one property or a portfolio, with a written offer within 24 hours of the visit and a closing on your date. This page is for the owner who wants to sell: it explains how occupied sales work, how we handle a portfolio, how to time the sale around a 1031 exchange or a tax year, and when holding or listing is the better choice.
How it works
- Tell us about the house — address and condition. Two minutes.
- Get a fair cash offer — based on real Clearwater-area values. No obligation.
- You choose closing — 7 days or on your schedule. We pay the customary closing costs.
Selling with tenants in place
Leases continue with the new owner, deposits transfer at closing with the notice Florida's landlord-tenant statute requires, and rent is prorated on the settlement statement. We schedule visits with proper notice to tenants and buy with month-to-month tenants, below-market leases, non-paying tenants and pending evictions as they stand. You do not need to vacate, renovate or re-tenant before selling. From the closing date the tenants pay us, and your management obligations, and your property manager's agreement, end on their terms.
One property or a portfolio
If you own several Clearwater properties, we can buy them together on one timeline or in a sequence that fits your plan, with one contract per property and closings coordinated by the same title company. Selling a portfolio to one buyer avoids the staggered vacancies and repeated commissions of listing each property, and it lets you set a single exit date. We evaluate each property on its own condition and rents rather than applying a formula across the group, and the written offers come together within 24 hours of the visits.
Timing the sale for taxes
Selling investment property triggers capital gains tax and recapture of the depreciation taken over the years. Many owners defer both through a 1031 exchange into other investment property, which requires a qualified intermediary engaged before closing, identification of replacement property within 45 days of closing and acquisition within 180 days. A cash sale with a certain closing date is well suited to those deadlines, and we can set the closing to the date your exchange plan needs. Others time the sale across tax years or simply pay the tax and exit. A tax professional should run the numbers; we provide the written offer within 24 hours of the visit so planning can start from a real figure.
Condition, deferred maintenance and code
Rental properties carry the maintenance that cash flow deferred: roofs insurers no longer accept, aging panels and plumbing, air conditioners at the end of their lives, interiors worn by tenants. We price all of it into the written offer and handle it after closing. If the City of Clearwater's Code Compliance Division has an open case on a property, for exterior conditions or minimum housing standards, it passes to us at closing with the written disclosure and five-day notice to the city that Florida requires, which we prepare, and any lien is settled on the settlement statement. You make no repairs and give no credits, and there is no inspection period in which the price can be reopened.
Condos, assessments and association rules
Investor-owned condos on Sand Key, Clearwater Beach and in Countryside carry the post-Surfside milestone inspection and reserve requirements, special assessments, rising master insurance and rental restrictions. Lenders have pulled back from many of these buildings, which leaves cash buyers as the realistic market. We buy units with assessments pending, settle amounts on the estoppel letter at closing, follow the association's approval procedure and buy with tenants in place subject to the building's rental rules.
How the sale runs
Send the addresses, current rents and lease terms, and your preferred timing. We visit each property with notice to tenants, deliver written offers within 24 hours, and open title when you accept. The Pinellas County title company prorates rents, transfers deposits, pays off mortgages and closes in about a week once the searches are clean, or on the dates your plan requires. We pay the customary closing costs, and there is no commission. If a property is well maintained and producing strong income, holding or listing it may serve you better, and we will say so property by property.
Frequently asked questions
Can I sell my Clearwater rental property with the tenant still in it?
Yes. The lease continues with the new owner, the deposit transfers at closing with notice to the tenant, and rent is prorated on the settlement statement.
Will you buy several properties at once?
Yes. We can buy a portfolio together on one timeline or in a sequence that fits your plan, with each property priced on its own condition and rents.
Can I do a 1031 exchange when I sell to you?
Yes. Engage a qualified intermediary before closing; the certain closing date of a cash sale fits the 45- and 180-day deadlines. A tax professional should guide the structure.
Do I need to renovate between tenants or fix the roof first?
No. We buy occupied or vacant with the roof, systems and interiors as they are, priced once in the written offer.
Do you buy investor-owned condos with special assessments?
Yes. Assessments are settled on the estoppel letter at closing, we follow the association's approval procedure, and we buy with tenants in place subject to the building's rental rules.
Looking to buy, not sell?
This page is for owners selling. If you are an investor who buys in Clearwater and Pinellas County, we occasionally have off-market properties we are not keeping. Leave your details and we will let you know when something fits; no spam, and you can opt out any time.