Kanopy Homes Florida, USA

  • Availability: 4 Beds
  • Price: From $359,900
  • Estimated Completion: Q3 2023
  • Tenure: Freehold
  • Rental Yield: 7%

Why Florida?

  • Florida GDP has topped $1 trillion, making it the 18th largest economy in the world
  • Southwest Florida is a high-growth population area, adding 24,000 residents last year
  • South West Florida International Airport welcomes 10.2 million passengers annually
  • Rental growth is outpacing inflation due to education, medical and travel investment
  • University campuses in Fort Myers support an annual alumni of circa 45,000 students
  • Lowest unemployment rate since 2007

Kanopy Homes: Single Family Houses on Florida’s Gulf Coast

 

Luxury 4-bed, 2-bath homes located in North Port and Port Charlotte on Florida’s extraordinary Gulf Coast. The interior boasts a range of high-quality finishings such as granite countertops and luxury vinyl plank flooring. Each property also includes two garages.

Priced from $359,900, Kanopy Homes generate an estimated rent of $30,200 (circa $2,600 per month) with net returns in excess of 7 percent. We can offer phenomenal payment terms across the build with only 10% down, 10% January 2024 and then balance on completion Q3/Q4 2024. Not only that but the developer is paying 12% interest on deposited funds across construction and covering monthly management fees for one year.

 

Why invest?

  • Brand new 4 bed 2 bath homes
  • 7% NET rental yields
  • Only 10% required down | 10% in a year | 80% on completion end 2024
  • 12% interest paid on deposited funds
  • Fully managed by Benoit Management – free for one year
  • Capitalise on huge demand for single-family homes

 

The active community in North Port and Port Charlotte makes it an attractive place for potential residents and the ideal place for investors.

Located about halfway between Sarasota and Fort Myers, Port Charlotte features more than 165 miles of waterways with access to Charlotte Harbour, the Gulf of Mexico, and miles of natural beaches. North Port is rich with archaeological history and beautiful natural springs and is the only city in the state with an entire state forest inside its city limits.

 

Built to Rent Concept – Rentals Reimagined

Build to Rent takes the best of single-family residences and upgrades the experience by creating new construction homes with elevated finishes and professional property management that will attract the “rent by choice market.”

The build-to-rent market is very attractive to millennials and baby boomers. We have 95 million millennials who can’t buy (43% have less than $3k for deposit) and 75 million baby boomers who are moving into retirement age but instead of selling the larger home they needed while raising their family, they are opting to sell and rent and use the equity from the sale to help with the cost of retirement.

Rents for single-family are growing fast at 4.5% annually now compared with 3% rent growth for multifamily apartments, according to John Burns Real Estate Consulting. Kanopy Homes exceeds this value with a net rental return of 6 per cent.

Kanopy was created to be a full-service residential development company and help buyers in the beginning stages with lot selection to property management. Led by Michael Heiderman and Fred Benoit, Kanopy has a combined 30+ years in real estate and construction.

 

North Port & Port Charlotte are vibrant and well-known areas, conveniently located halfway between Tampa and Fort Myers, just off the I-75 and close to popular tourist destinations in Southwest Florida.

With highly rated public schools and easy access to all that the Florida Gulf Coast has to offer, it’s little wonder that the areas are becoming some of the most popular places to live in the state.


Florida

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