Sell your commercial property for cash whether it is vacant, leased, or needs work.
HBS buys commercial property directly for cash and as is. We look at commercial, industrial, mixed-use, and small multifamily properties, whether they are vacant, leased, or need work. Leases, environmental history, and condition shape the price, and we review them with you before making an offer.
200+ homes bought·100+ renovations completed·4.5+ star seller reviews
We buy houses across Florida, from our home base in Hillsborough, Pinellas, Pasco & Hernando counties. Every purchase depends on property fit, a signed agreement, and title.
What property do you want to sell?
Start with the property address. You do not need photos, repair estimates, or paperwork.
What a commercial buyer will review.
Commercial sales turn on income, environmental history, and condition. These Florida and federal rules come up most often.
Leases, estoppels, and deposits
A buyer reviews every lease, amendment, and the rent roll and usually asks tenants to confirm their terms in estoppel letters. For residential units in a small multifamily building, Florida law requires tenant security deposits and advance rents to be transferred to the new owner with an accounting.
Phase I environmental reports
Buyers order a Phase I environmental site assessment under the ASTM E1527-21 standard to meet EPA's All Appropriate Inquiries rule, which they need to claim certain federal landowner liability protections. Parts of it must be done within one year before the purchase, and some within 180 days.
Fuel tanks, dry cleaners, and cleanup programs
Florida DEP regulates underground tanks over 110 gallons and aboveground tanks over 550 gallons, and its tank and discharge records are public. Former dry cleaner sites may qualify for DEP's state-funded Drycleaning Solvent Cleanup Program, and the Brownfields Program offers redevelopment incentives.
Florida's commercial rent tax is gone
Florida repealed the state sales tax on commercial rent, along with any local surtax, effective October 1, 2025. Rent for periods through September 2025 stayed taxable even if paid later, which matters when reviewing older tenant ledgers.
1031 exchange timing
If you are trading into other investment property, the IRS requires replacement property to be identified within 45 days and received within 180 days or by your tax return due date, if earlier. A closing date set in writing helps you plan around those deadlines with your CPA and intermediary.
Property taxes after a sale
Florida caps yearly assessment increases on non-homestead property at 10 percent, excluding school taxes, but the cap resets to market value the January 1 after a change of ownership, including a transfer of more than half of the company that owns the property.
What can affect your as-is cash offer.
| Input | How it affects the offerPlain English |
|---|---|
| Income and leases | Rent roll, lease terms, renewal options, and tenant payment history drive value for leased buildings. |
| Condition and code | Roof, HVAC, parking, life-safety items, and open permits affect the as-is price. |
| Environmental history | Past uses such as fuel storage, auto repair, or dry cleaning can call for testing before closing. |
| Zoning and use | Current zoning, permitted uses, and parking requirements shape what a buyer can do with the property. |
How the property and local records can change the sale.
Pinellas County
The Pinellas County Property Appraiser notes that market and assessed values are equal the first January 1 after a change of ownership, so a buyer's tax estimate starts from current market value.
Hillsborough County
Commercial sites in Hillsborough, like the rest of Tampa Bay, fall under the Southwest Florida Water Management District for stormwater and wetland permits when they are redeveloped.
Pasco County
Pasco properties with fuel tanks or past spills can be checked in DEP's public storage tank and discharge reports, which are organized by county and updated daily.
Hernando County
When a Hernando property with regulated fuel tanks sells, DEP expects a new registration form once tank ownership changes, so tank records are part of the review.
What to gather before selling commercial property.
Start with what you have on hand. The rest can be requested during due diligence.
Rent roll and leases
The current rent roll, leases, amendments, and any options or renewal notices.
Operating numbers
Recent income and expenses, property tax bills, insurance, and utility costs.
Building and permit records
Surveys, plans, roof and HVAC ages, open permits, and code notices.
Environmental history
Any Phase I or II reports, tank records, or past uses such as fuel, auto repair, or dry cleaning.
How the cash sale moves from first call to closing.
Send the property and rent roll
Share the address, use, square footage, and occupancy. A rent roll and leases help if the building is leased.
Get an as-is cash offer
We review income, condition, zoning, and environmental history and make an offer with a proposed closing date.
Close through a title company
Leases, deposits, estoppels, and payoffs are handled through closing.
More help for this Florida property sale.
Check the rules behind this page.
These primary sources explain the rules summarized above. They are not legal, tax, or insurance advice; an attorney, CPA, insurance professional, or building official should confirm how they apply to your property.
Florida DOR TIP 25A01-04 (commercial rent tax repeal)
The repeal of sales tax on commercial rent effective October 1, 2025.
Open official sourceEPA All Appropriate Inquiries
What a Phase I environmental assessment covers and why buyers order one.
Open official sourceIRS Form 8824 instructions (like-kind exchanges)
The 45-day and 180-day exchange deadlines and the real-property-only rule.
Open official sourceFlorida DEP Storage Tank Facility Information
Public storage tank and discharge records by county.
Open official sourceFlorida DEP Brownfields Program
Redevelopment incentives and liability protection for contaminated sites.
Open official sourceFlorida Statutes, s. 193.1555 (non-homestead assessment cap)
The 10 percent cap and the reset after a change of ownership or control.
Open official sourceFlorida Statutes, s. 83.49 (deposits when a rental sells)
Transferring residential tenant deposits and advance rents to a new owner.
Open official sourceCommercial Property cash-sale questions.
Yes. We look at vacant and occupied commercial, industrial, mixed-use, and small multifamily properties in the condition they are in. Every offer depends on the property, title, and our current buying area.
Leases and tenant files are reviewed before closing, and buyers usually confirm terms with tenant estoppel letters. For residential units, Florida requires security deposits and advance rents to be transferred to the new owner. Have an attorney review your leases.
No. Florida repealed the state sales tax on commercial rent, along with any local surtax, effective October 1, 2025. Rent for periods through September 2025 is still taxable.
A Phase I under ASTM E1527-21 meets EPA's All Appropriate Inquiries rule, which a buyer needs to claim certain federal liability protections for contamination they did not cause.
It can be the sale side of a like-kind exchange handled through a qualified intermediary. Replacement property must be identified within 45 days and received within 180 days or by your tax return due date, if earlier. Talk with your CPA first.
Often. Florida's 10 percent cap on non-homestead assessment increases resets to market value the January 1 after a sale, including a transfer of more than half of the company that owns the property.
Get a cash offer for your property as is.
727-497-7766Start with the address and what is going on. There is no obligation to accept the offer.
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