Kanopy Homes
GULF COAST, FLORIDA
Single Florida Homes
4 bed houses
Gulf Coast, Florida
7% net rental yields
Fully managed by Holmes Cox Management
Priced from $359,900
Investment Details
Availability: 4 Beds
Price: From $359,900
Estimated Completion: Q3 2023
Tenure: Freehold
Rental Yield: 7%
Why Gulf Coast?

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.
Full Description

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 two years.
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 Holmes Cox Management – free for two years
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.
Floor Plans

The Ixora
This 1,353-square-foot home is the smallest of our floor plans but still boasts 3 beds and 2 bathrooms. Starting at $349,900 we wanted the Ixora’s floor plan to be as flexible as possible so it features over 300 square feet of great room/dining room space with ceilings vaulting up to 12 feet, a space-saving pocket door separating the kitchen and laundry area, and the most square footage for an entry area across all of our floor plans.

The Banyan
As one of our most popular floor plans, the Banyan finishes at 1,556 square feet. Starting at $359,900 this 3 bed + den and 2 bath plan has all the extra space in places you need it most. This plan features a complete open-concept kitchen/dining/living area with ceilings vaulting to 12 feet and has the largest primary bedroom and walk-in closet in terms of square footage across all of our floor plans

The Cypress
Starting at $374,900 the Cypress is our largest floor plan at 1,868 square feet. This open-concept floor plan features not only 3 bedrooms and 2 baths but a den AND a study making the opportunities for this floor plan endless. Whether you’re looking to become the ultimate host for out-of-town guests, work from home, or grow a family - this plan is a great option. With the largest kitchen, most spacious primary bathroom, an additional closet in the primary bedroom, and ceilings vaulting to 12 feet in the main living area, there is no shortage of space in a Cypress.

Location
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
USA
Sun, sea, sand and Disney World. The Sunshine State is one of the most sought-after destinations in the world. Small wonder then that Florida is a property hotspot with opportunities to be found at all ends of the market.
Whatever you’re hoping to achieve, Florida is a state full of opportunity.
Its $1.2 trillion economy is the fourth largest of any US state. If Florida were a country, it would be the 16th richest in the world.
With a population of more than 21 million, it is the third most populous US state. That population is set to continue to grow over the coming years as people flood into the state to live, retire, and work there.
Business and economic opportunities are abundant, and the outlook for the future is good. Florida’s unemployment rate dropped to 2.7% in July 2022, which is below the national average. It has been predicted that by the end of the year job growth will average 2.3% with finance, education and trade leading the way.
While Orlando and Miami may get all the headlines, there are also thriving areas which offer a laid-back, metropolitan vibe, attracting young professionals working in fields such as education, medical and travel. This has fuelled both job growth and rental demand across the state.
Florida is also attractive to many thanks to the relatively affordable cost of living. In fact, the state is more affordable in terms of living costs and house prices compared to the national average.
A renowned spot for retirees, people journey across the globe to spend their “golden years” in Florida and benefit from its thriving retirement community, health-benefiting weather, and relaxed way of life.
And new residents aren’t the only ones transcending Florida’s borders; the Sunshine State remains an increasingly popular tourist destination. Glorious weather and some of the best beaches in the world bring people in their millions. The Everglades represents one of America’s great wildernesses and offers a chance to get up close with all sorts of animal life.
Top of the bill, though, is Disney World. The Magic Kingdom in Orlando is the biggest theme park in the world, attracting millions every year. Visitors can also head to other popular sites such as Epcot, MGM Studios, the Kennedy Space Centre and a string of water parks.
70 million people visited Florida in the first half of 2022, which marks an increase of over 20% from the previous year (VISIT FLORIDA). Having now exceeded pre-pandemic levels, the state resumes its upward trajectory in visitor numbers, which lasted 9 consecutive years before the pandemic..

Our experts say
“As an investment location, Florida probably offers one of the most diverse range of markets in the US. The huge number of tourists is the obvious draw, but there is so much more to the state than theme parks and vacation rentals. It’s a place that a hugely diverse population call home. From the students who flock to the state’s numerous universities to the knowledge workers drawn in by the high lifestyle standards, it’s a great place for purchasing real estate which is likely to appeal to a number of tenants.
Florida has always been one of the USA’s most popular markets for investors and, as we have seen over the past twelve months, it is very likely to remain so.”
– Matthew Lavin, Director


HOW to get there
By road
Florida is of course accessible from across the United States, so choosing how to travel is often more about choosing a scenic or direct route. Drive time from New York is generally around 20hrs.
By train
Florida is easily accessible by train. Both the Silver Star and Silver Meteor lines make regular journeys to Florida from New York with a travel distance of around 1,100 miles and a total trip length of around 28 to 32 hours.
By air
Florida has 131 public airports plus seven large and medium hub airports. The busiest airports are Miami International, Orlando International, Fort Lauderdale-Hollywood International, and Tampa International.
By boat
A popular cruise destination, Florida is often combined with travelling to areas such as the Caribbean, West Indies, or Mexico.
Why invest?
Florida offers some of the biggest returns in the US. Its thriving economy, appealing weather and healthy tourism industry are a perfect mix for property investors.
If you have an eye for personal enjoyment of your investment, Florida makes for the perfect location for a holiday home, or as a future retirement property.
The state’s property market offers average yields of around 7% and has proven to be resilient to economic crises. After the 2008 crisis, Florida’s property markets were one of the success stories of the US economy. There is every sign that this is a great place to invest during an economic recovery. Demand is strong and the population continues to expand.
In many places, demand is outstripping inventory, creating fertile ground for growth. While the population of Florida grew by around 15% over the last decade, the number of housing units only grew by 9.7% according to the US Census Bureau.
Florida’s rental markets are the hottest in the US, with demand soaring and prices going through the roof in several metro areas. Markets in Miami-Dade, Orlando and Southwest Florida have been identified as the most competitive, where as many as 31 prospective renters are competing for a single listing.
Apartment occupancy rates in the US are almost the highest they have been in more than two decades. A towering 95.5% of rentals were occupied in the US from the start of 2022 up until June.
Single-family rent prices are also increasing dramatically across Florida. Out of 20 metro areas across the US, Miami experienced the most dramatic price increase at an immense 39.5 per cent. This marked the 10th consecutive month Miami has topped the nation for growth and took the median asking rent to $2,488 per month. The city was followed closely by Orlando, which saw a 24.8% increase in single-family rent prices.
There are plenty of choices available when it comes to choosing your ideal market. Retirement condos offer a great opportunity to meet the rental demands of over 4.5million adults over 65 who live in the State (they make up 19% of the population – the highest in the US).
However, it’s not all about the senior population – the Space Coast has been increasingly expanding with more tech-focused businesses laying down routes in Florida (far better weather than Seattle!), and more companies are starting to base their HQ’s around the area.
And of course – one cannot overlook the huge demand for holiday rentals in the area. Florida is one of the “go-to” holiday destinations for both overseas and domestic visitors alike.
When it comes to long-term growth, Florida is the one to watch. Many buyers gravitate to Miami – recently named by TIME Magazine as One of the Greatest Places in the World – but there are also a lot of opportunities to be discovered in areas of South Florida and along the Gulf Coast.
In Q2 2022, house prices across the US rose 17.7% compared to the previous year, according to the Federal Housing Finance Agency House Price Index. Data shows that house prices increased the most in Florida (30% overall), with areas such as North Port, Cape Coral, Tampa, Orlando and Miami bagging a place at the top of the table.
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