Sell a Rental Property in Palm Coast, FL — Tenants and All

Konon Capital buys rental houses in Palm Coast with tenants in place. You do not have to wait out a lease, file an eviction, repaint after a bad tenant, or lose months of rent getting the property “showing ready.” We buy occupied, vacant, mid-turnover, or mid-dispute.

Why landlords sell to a direct buyer

The math on a rental changes over time, and usually not in the owner’s favor:

• Insurance premiums. Florida landlord policies have climbed hard, and older roofs make them worse or impossible.
• Deferred maintenance stacks up. An HVAC, a roof and a water heater rarely fail politely one at a time.
• Turnover eats the margin. Paint, flooring, cleaning and a month of vacancy erases a good chunk of the year’s profit.
• Distance. Managing from another state means paying someone else 8–10% to answer the phone.
• Tenant problems. Non-payment, damage, or a tenant who will not allow showings makes a retail listing nearly impossible.

The traditional route requires the property to be empty and presentable. That means ending the tenancy first — which costs you rent while you carry the mortgage, taxes and insurance alone.

Selling with a tenant still in the house

A lease survives the sale in Florida: whoever buys the property takes it subject to the existing lease. Most retail buyers want a home to live in, so a tenant with eight months remaining eliminates almost the entire buyer pool. Investors are the exception — and we are investors.

Practically, that means:

• No eviction needed before you sell.
• No showings scheduled around someone else’s work week.
• The security deposit and prorated rent are handled at closing.
• Your tenant keeps their home; nobody gets displaced by the sale.

If the tenant is behind on rent or the situation has gone bad, tell us. It does not disqualify the property.

Condition does not matter

Holes in drywall, pet damage, a kitchen from 1985, a roof at the end of its life, an unpermitted addition a previous owner built — none of it stops the sale. We do not send an inspector to produce a repair list. We look at the property, price it as it stands, and that is the number.

What about the tax hit?

Selling an investment property triggers capital gains and depreciation recapture, and that surprises owners who have held a rental for twenty years. Some landlords use a 1031 exchange to roll the proceeds into another property and defer it. That has strict deadlines — the replacement has to be identified within 45 days of closing and acquired within 180. If you are considering it, tell us before we set a closing date, and talk to your accountant early. We are not tax advisors, but we can time a closing around your exchange.

How it works

1. Send the address, the lease status and the rent roll if you have one.
2. We review the property and recent Flagler County sales.
3. You get a written cash offer, no obligation.
4. You pick the closing date. Deposits and prorations are handled by the title company.

Common questions

Do I need to tell my tenant before I call you? No. Nothing changes for them until a sale is actually under contract, and we can coordinate notice properly when it is.

I own several rentals. Can you take them together? Yes — a package of properties is often simpler for both sides than selling them one at a time.

What if the tenant will not let anyone in? We can work from exterior condition and your description, and adjust after access. It is not a dealbreaker.

What if the house is vacant and trashed? That is a normal purchase for us. Leave whatever the last tenant left.

Get an offer on your rental