Selling a Duplex or Multifamily Property in Florida
4 min read · Last updated 2026-08-03 · Reviewed by Joseph Mena, CFO of Cash Flow Deals. · Reviewed by Camilo Palacio, Licensed Florida Real Estate Professional (License #3280644, REALTOR®)
Cash Flow Deals gives you two choices for your Florida duplex or small multifamily: the Fast Cash Offer, where we buy your house as-is and close, and the Premium Cash Offer, where a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. You choose. With a traditional listing, buyer financing can be tighter, tenant leases can complicate showings, and repairs can get expensive across two or four units instead of one.
| Factor | Traditional Listing | Cash Flow Deals |
|---|---|---|
| Timeline | Multi-unit financing narrows the buyer pool. Expect 60 to 90+ days to find a qualified buyer, then closing time on top. | You choose the Fast Cash Offer, where we buy as-is and close without a listing, or the Premium Cash Offer, where a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. Premium may include a listing through Silver Door Realty, a licensed Florida brokerage, with a licensed agent and scheduled showings; closing depends on the buyer's lender funding the purchase. |
| Tenant Leases | Showings have to work around existing tenants, and leases transfer to the buyer at closing under Florida law. | Cash Flow Deals works around active leases directly with the buyer's lender, so tenants aren't disrupted mid-sale. |
| Repairs | Full inspection contingency across every unit. A buyer can renegotiate or walk after finding deferred maintenance in any single unit. | For your Fast Cash Offer or Premium Cash Offer, the number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens. We buy as-is on Fast Cash; on Premium, only what the buyer's lender requires gets fixed, with repair costs settled from our share of the sale proceeds and nothing out of your pocket. |
| Fees / Costs | Commission is negotiable following the 2024 NAR Sitzer/Burnett settlement, paid by the seller, plus any concessions if repairs surface during inspection. | Paid as a separate line item on the closing statement, not a markup on price. |
Why Multifamily Financing Slows Down a Traditional Sale
A duplex, triplex, or fourplex doesn't finance like a single-family house. Fannie Mae required a 15% to 25% down payment on owner-occupied 2 to 4 unit properties for years. That changed on the weekend after November 18, 2023, when Fannie Mae dropped the owner-occupied down payment to 5%, but the change only applies to buyers who plan to live in one unit and doesn't apply in high-cost areas. Investors buying strictly as rental property still face the older, higher down payment tiers most lenders use for non-owner-occupied multifamily loans. That smaller buyer pool means a traditional listing on a Florida duplex or small multifamily property often takes longer to find a qualified buyer than a single-family home in the same neighborhood.
Tenant Leases Follow the Property, Not Just the Owner
Selling an occupied duplex or multifamily property means the existing leases and security deposits transfer to whoever buys it. Showings have to be scheduled around tenants who still live there, and a buyer's lender will want copies of every lease before underwriting closes. Sellers should confirm notice requirements and security deposit handling with a Florida real estate attorney before listing, since the specifics depend on the lease terms and how many units are occupied. None of that goes away with a faster sale process. It just gets handled directly with the buyer instead of through open houses.
What Cash Flow Deals Is
With Cash Flow Deals, you choose between the Fast Cash Offer and the Premium Cash Offer. We buy your property as-is and close with the Fast Cash Offer. With the Premium Cash Offer, a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. Your Florida property may be listed through Silver Door Realty, a licensed Florida brokerage, with a licensed agent and scheduled showings coordinated around your tenant leases. Cash Flow Deals helps coordinate the property condition and financing requirements with the buyer and their lender. If the Premium Cash Offer buyer's loan falls through, that is our problem, not yours, and you can still take the Fast Cash Offer at its own number.
Cash Flow Deals' Process for a Multifamily Sale
Cash Flow Deals' Process: 1. Request your walkthrough so Cash Flow Deals can see your property, the units, and the current leases in person. 2. Compare your Fast Cash Offer and Premium Cash Offer and choose which works for you. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens. 3. With the Fast Cash Offer, Cash Flow Deals buys your property as-is and closes. With the Premium Cash Offer, a pre-approved FHA or conventional homebuyer we already have, ready to go, pays more and signs a new contract directly with you; their own lender funds the purchase. 4. On the Premium Cash Offer, title transfers once, directly from you to the buyer, at a single closing.
Repairs and Your Agreed Number on a Multifamily Property
A duplex or fourplex can mean maintaining two, three, or four units, with roofs, water heaters, and electrical panels that can fail an inspection. Cash Flow Deals lets you compare the Fast Cash Offer, where we buy as-is and close, with the Premium Cash Offer, where a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. You choose. We cover repair costs, and we figure out a way, so nothing comes out of your pocket. On Premium, only what the buyer's lender requires gets fixed, with repair costs covered up front and settled from our share of the sale proceeds. On Fast Cash, you have no repairs to make. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.
Common questions
Can I sell a duplex with tenants still living in it?
Yes. The lease and security deposit transfer to the new owner at closing. Confirm notice requirements with a Florida real estate attorney before listing, since they depend on your specific lease terms.
Does Cash Flow Deals buy occupied multifamily properties?
Yes. Cash Flow Deals works directly with the buyer's lender on occupied units, so tenants aren't disrupted by showings during the sale process.
Why is financing harder on a duplex or fourplex than a single-family house?
Lenders treat 2 to 4 unit properties differently from single-family homes. Down payment requirements, rental income documentation, and underwriting all add steps that narrow the buyer pool on a traditional listing.
How do major repairs in one unit affect your agreed number?
With Cash Flow Deals, you choose between the Fast Cash Offer, where we buy as-is and close, and the Premium Cash Offer, where a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens. For Premium, only repairs the buyer's lender requires get done; we cover repair costs, and we figure out a way, so nothing comes out of your pocket, with those costs settled from our share of the sale proceeds. Fast Cash requires no repairs from you.