Buying a 5 Plus Unit Apartment Building on the Treasure Coast or Space Coast

A building with five or more units is financed, taxed and insured differently from a duplex or a fourplex. This guide covers where the lending line falls, the agency and FHA programs for small apartment loans, how DSCR and LTV set the loan amount (with a worked example), Florida’s deposit and notice rules, the 10 percent assessment cap, Citizens eligibility, flood coverage limits and the Census rent figures for all four counties.