To find a property management business for sale in Florida scroll the list below or to search by county visit this page, select the area of your choice and scroll down on the business category to select “Real Estate Related” then click display categories and sub-categories and select “Property Management”. For more information on any business click on more details and complete the NDA.
Owning property management businesses for sale in Florida involves overlooking residential, commercial, and industrial real estate by managing the day-to-day operations and dealing with individuals such as real estate owners, landlords, contractors, tenants, etc. Access business involves managing people and property; it can be substantially profitable, but it also requires the property management business owner to learn about local laws, and it needs them to take an interest in the business.
The property management industry in the United States is worth over $100 billion in 2021, but it is primarily saturated with independent businesses as there are no major players who possess large market shares of the industry. As Florida has one of the country’s most profitable and booming investment markets, there is a huge potential for developing and establishing lucrative property management businesses in the area.
Property management businesses provide a range of products and services, including agent and broker services, rent collection services, maintenance, security, property accounting, and generally managing the facilities. In Florida, the primary properties that require property managers are vacation home complexes, rental properties, timeshares, apartments, condos, and single-family homes.
To establish a property management business, you will need to get a Florida property management license and start registering your business in the state while ensuring you meet the stated legal requirements. If you want to run a property management business in Florida, it might be a good idea to obtain a Florida State Real Estate Broker’s License. The process for achieving the certification requires you to submit an application, take a 72-hour licensing course, and pass the FREC Broker Exam.
Once you have your license in place, you need to work with lawyers to draft a property management contract that is legally binding and states your responsibilities along with the contract terms to protect your business’s interests.
The Truforte Business Group has a dedicated team of industry professionals who know how to identify potential in businesses and they understand the underlying processes required for buying or selling businesses in the state of Florida. We analyze the current business landscape by considering internal and external factors such as innovations, competition, and the local industry to determine the optimum price point for any business
If you’re looking for property management businesses for sale in Florida, we have a list of businesses available for purchasing and we can also help you sell your business by highlighting its best features to attract appropriate buyers. We provide a platform that produces the right match between sellers and buyers at a price point that is acceptable to both parties.
For Florida property management business information be sure and check out State of Florida Property Management Association.