When considering a new home purchase, the term “model leaseback” may come up, especially with builders like ICI Homes that showcase a range of expertly designed and customized models. Model leasebacks provide unique benefits for buyers who love the look and feel of a model home and don’t need to move in immediately.

In a model leaseback, a builder sells a professionally designed and upgraded model home to a buyer, then leases it back for a designated period to continue showcasing it as part of the community’s sales process. Here’s what a model leaseback involves and why it could be the perfect option for savvy homebuyers.

What is a Model Leaseback?

A model leaseback is essentially a two-phase arrangement. First, the buyer purchases the model home outright, gaining immediate ownership of a beautifully designed residence.

The builder then “leases back” the home for an agreed-upon period, typically ranging from six months to two years, during which the builder continues using the home to showcase the builder’s craftsmanship and design quality to prospective buyers.

This way, the buyer makes a long-term investment with an opportunity to benefit from rental income from the builder until they move in.

Key Benefits of Buying a Model Leaseback Home

1. Professionally Designed Interiors
Model homes are the epitome of style and functionality, often professionally curated to showcase the latest trends and timeless features. With a leaseback home, you’re not just purchasing a house—you’re securing a space that’s been designed by experts who know how to bring out the best in each room. Every model is thoughtfully planned, integrating both practical living and aesthetic details to make the home feel welcoming, spacious, and unique.

2. High-End Upgrades and Finishes
Because model homes serve as a showcase for the builder, they are typically outfitted with premium materials and upgrades. Expect to see beautiful flooring, designer lighting, high-end cabinetry, and more—all meticulously selected to enhance each room’s functionality and charm. Additionally, structural upgrades and energy-efficient elements are often added, ensuring your model leaseback home includes state-of-the-art features.

3. An Option to Purchase the Furniture
Many model leasebacks also offer the option to buy the furniture that decorates the space. If you’ve ever walked through a model home and thought, “I’d love to live here just as it is,” this could be a dream come true. From the kitchenware to the artwork, everything in the home has been selected to create an ambiance you’ll enjoy from the moment you step through the door. Not only does this option save you the effort of furnishing, but it also ensures the cohesive, stylish look remains intact.

4. Passive Income from Leaseback Payments
During the leaseback period, the builder pays the buyer a monthly rental fee to continue using the home as a model. This lease payment can help offset the costs of the home or provide additional income while you wait to move in. For many, this is a win-win—a beautiful home, a steady rental income, and the knowledge that the builder will maintain the property impeccably during the lease period.

5. Move-in Ready Home After the Leaseback Period
Once the leaseback period ends, the home is yours to move into! You’ll benefit from a like-new, pristine property that has been expertly maintained. Plus, unlike many homes that undergo extensive preparation before a move-in, model homes are kept in exceptional condition due to their role in showcasing the builder’s quality.

How Long Will You Wait?

The leaseback period for a model home can vary, typically from six months to two years. This can be ideal for those who aren’t in a rush to move or who are currently enjoying another home but want to secure their next property at today’s prices. With Florida’s real estate market staying strong, investing in a model leaseback can mean that when you’re ready to move in, your new home has potentially appreciated in value.

Is a Model Leaseback Right for You?

If you’re looking for a home that offers incredible design, top-quality materials, and the flexibility of a delayed move-in, a model leaseback is worth considering. It’s an excellent investment for those who love the ease and beauty of a professionally designed, turn-key residence and appreciate the financial benefits of rental income in the meantime.

ICI Homes Model Leasebacks: The Ultimate in Custom Design and Quality

At ICI Homes, every model is crafted with attention to detail, innovation, and exceptional quality, embodying the company’s legacy of customization and service. With over 45 years of experience as a Florida-based, family-owned builder, ICI Homes takes pride in designing homes around your imagination. Each model leaseback not only offers a chance to invest in Florida real estate but also invites you into a community that values quality, comfort, and personal expression.

By choosing a model leaseback with ICI Homes, you’re choosing an elegant and practical path to your dream home. Secure your future home now, enjoy income along the way, and step into a beautifully designed lifestyle that’s truly one-of-a-kind when you’re ready.

Interested in learning more? Talk to us here.