2055 S Floral Ave #238 · Bartow, FL 33830

$179,000

2 bd · 2.0 ba · 1,456 sqft · Manufactured public records · 107 Days on market

Built 1984 4,086 sqft lot $105/mo HOA · 6% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.7/30.0
• ARV discount +7.5/15.0
• 1% rule +5.2/10.0
• DSCR +5.2/10.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Water front living with many updates. New metal roof in 2009 with life time warranty transferable to new owner. New AC in 2005. New water heater in 2008. This is a spacious home sitting lengthwise on the lake. View the water from the kitchen, LR andMaster Bedroom. A large 10x20 porch with vinyl windows for all weather protection and a sunny outside deck with tropical plants and location to catch the evening breezes and watch the native birds and wildlife. Walk down to the dock to launch your boator cast a line. Meticulous landscaping adds to this tropical paradise. Inside use the abundant storage areas and built in bookshelves for all your family pictures and treasures. The master bedroom features two closets, one a walk-in closet. Dual sinksin the master bath with a garden tub and separate shower. The laundry room is inside for added convenience and the second bedroom has a built in desk with drawers for storage. There is an island bar with seating in the kitchen. Make an appointment tosee this home today.

Key facts

• Outdoor storage
• Community boat ramp
• Lake views

Tags

• WATERFRONT LIVING
• LAKE VIEWS
• ENCLOSED PORCH
• PRIVATE DOCK
• OUTDOOR STORAGE
• COMMUNITY BOAT RAMP

Property features AI

Finance

• Other: Living area approximately 1,456 sq ft; Lot approximately 0.09 acres; Approximately 50 feet of lake frontage
• Financial info: Total monthly fees $105; total annual fees $1,260; Lease restrictions apply
• HOA & community: Has HOA (monthly fee $105; association approval required); Association name: Tena Weltz; Community features: Clubhouse, street lights, buyer approval required; Senior community; Pets allowed

Exterior

• Parking: Has carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Water connected
• Home design: Manufactured home (double wide); One level; East-facing
• Construction: Vinyl siding; Frame construction; Metal roof; Crawlspace foundation
• Exterior features: Lakefront property with lake view and lake access; Asphalt road access

Interior

• Kitchen: Dishwasher; Microwave; Range hood; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Eat-in kitchen; Solid wood cabinets; Walk-in closets
• Laundry & utility: Laundry room; Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $179k.

Deal economics

• At list price, monthly cash flow is $-12 ($-148/yr) — negative.
• To cash-flow at today's rent, offer at most $177k (1.2% below list).
• Meets the 1% rule at list price ($2k rent vs $179k).
• Recommended offer: $163k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#526 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D-, amenities F.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Floral Avenue Elementary School (math 36% / reading 38%, grade F, #1,609 of 2,144 statewide, top 77%, 611 students, 56% FRL); Bartow Middle School (math 33% / reading 36%, grade F, #421 of 571 statewide, top 74%, 1,046 students, 63% FRL); Bartow Senior High School (math 26% / reading 46%, grade F, #359 of 667 statewide, top 55%, 2,125 students, 44% FRL).
• Market conditions: Rents rising (+2.7%/yr); 392 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 34% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 107 days — a 9% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $95k; list at $179k implies a 88% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 6→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,890 (9.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
10. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
11. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
12. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
13. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
14. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.02% ✓
• Cap rate: 7.05%
• Cash-on-cash: 2.70%
• DSCR: 1.12
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.72% rent growth · sell at horizon

5-year hold

• IRR: -17.0%
• Equity multiple: 0.40×
• Total profit: $-30,144
• Equity at exit: $26,689

10-year hold

• IRR: -9.4%
• Equity multiple: 0.43×
• Total profit: $-28,702
• Equity at exit: $15,477

Cash invested: $50,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33830

• Home prices YoY: -19.8%
• Rents YoY: 2.7%
• Active inventory: 392
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,824 medium
• Mortgage (P&I): −$939
• Tax from tax record: −$210 /mo · $2,514/yr
• Insurance: −$75
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$105
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $-12

Break-even live

Break-even rent $1,839

Max offer price $176,818

Occupancy floor 96%

Sensitivity live

Price	-10% $89	-5% $38	+0% $-12	+5% $-63	+10% $-114
Rent	-10% $-156	-5% $-84	+0% $-12	+5% $60	+10% $132
Rate	-1.0pp $78	-0.5pp $33	base $-12	+0.5pp $-59	+1.0pp $-106

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Laurel Cir Bartow, FL	2.0	2.5	1274	$1,740	$1.37	5d	10	0.70mi
820 S Floral Ave Bartow, FL	2.0	1.5	1112	$1,200	$1.08	25d	1	1.16mi
1705 Davis Ave Bartow, FL	3.0	2.0	1828	$2,500	$1.37	25d	1	1.38mi

HOA detail

• Monthly dues: $105 · $1,260/yr
• Likely covers: waterlandscaping

Listing history 24 events

1. 2026-06-22
   days on market $179,000 Active 107 DOM
2. 2026-06-18
   days on market $179,000 Active 104 DOM
3. 2026-06-17
   days on market $179,000 Active 103 DOM
4. 2026-06-16
   days on market $179,000 Active 102 DOM
5. 2026-06-15
   days on market $179,000 Active 101 DOM
6. 2026-06-13
   days on market $179,000 Active 99 DOM
7. 2026-06-10
   days on market $179,000 Active 96 DOM
8. 2026-06-09
   days on market $179,000 Active 95 DOM
9. 2026-06-08
   days on market $179,000 Active 94 DOM
10. 2026-06-07
    days on market $179,000 Active 93 DOM
11. 2026-06-05
    days on market $179,000 Active 90 DOM
12. 2026-06-03
    days on market $179,000 Active 88 DOM
13. 2026-06-01
    days on market $179,000 Active 87 DOM
14. 2026-05-31
    days on market $179,000 Active 86 DOM
15. 2026-05-12
    price $179,000
16. 2026-03-06
    listed $185,000 Active
17. 2020-07-07
    soldstatus $95,000
18. 2020-04-27
    historical
19. 2020-03-19
    listed $98,500 Active
20. 2017-03-14
    soldstatus $70,000
21. 2010-08-11
    soldstatus $73,000
22. 2010-08-05
    soldstatus $72,950 1024-char remark

    Show marketing remark (1024 chars)

    Water front living with many updates. New metal roof in 2009 with life time warranty transferable to new owner. New AC in 2005. New water heater in 2008. This is a spacious home sitting lengthwise on the lake. View the water from the kitchen, LR andMaster Bedroom. A large 10x20 porch with vinyl windows for all weather protection and a sunny outside deck with tropical plants and location to catch the evening breezes and watch the native birds and wildlife. Walk down to the dock to launch your boator cast a line. Meticulous landscaping adds to this tropical paradise. Inside use the abundant storage areas and built in bookshelves for all your family pictures and treasures. The master bedroom features two closets, one a walk-in closet. Dual sinksin the master bath with a garden tub and separate shower. The laundry room is inside for added convenience and the second bedroom has a built in desk with drawers for storage. There is an island bar with seating in the kitchen. Make an appointment tosee this home today.

23. 2009-10-06
    listed $90,000 1024-char remark

    Show marketing remark (1024 chars)

    Water front living with many updates. New metal roof in 2009 with life time warranty transferable to new owner. New AC in 2005. New water heater in 2008. This is a spacious home sitting lengthwise on the lake. View the water from the kitchen, LR andMaster Bedroom. A large 10x20 porch with vinyl windows for all weather protection and a sunny outside deck with tropical plants and location to catch the evening breezes and watch the native birds and wildlife. Walk down to the dock to launch your boator cast a line. Meticulous landscaping adds to this tropical paradise. Inside use the abundant storage areas and built in bookshelves for all your family pictures and treasures. The master bedroom features two closets, one a walk-in closet. Dual sinksin the master bath with a garden tub and separate shower. The laundry room is inside for added convenience and the second bedroom has a built in desk with drawers for storage. There is an island bar with seating in the kitchen. Make an appointment tosee this home today.

24. 2000-12-18
    soldstatus $60,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,514 · $210/mo
• Projected year-2 tax: $2,514 · $210/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone A · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 8/10 Severe 6 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,883
• − Mortgage interest: −$10,027
• − Property taxes: −$2,514
• − Insurance: −$2,398
• − Repairs & maintenance: −$1,751
• − Management: −$1,751
• − HOA: −$1,260
• − Depreciation: −$5,207
• Taxable loss: −$3,024
• Est. tax savings @ 24.0%: +$726
• After-tax cash flow: $577/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Bartow

• Score: 68/100
• State rank: #526
• US rank: #9835

Category grades

Amenities F Commute F Cost of living A+ Crime D- Employment C- Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bartow, FL
• County: Polk County · 740,051 people
• City population: 33,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 33,740
• Household income: $63,918
• Rent vs Own: 31.1% rent · 68.9% own
• Severe rent burden: 681.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 22% Black 18% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 13% Puerto Rican 5%
• Common ancestry: Italian 3% Slovak 1% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.47%
• Current HPI: 333.3392
• Rent YoY: ▲ 2.72%
• Metro: Lakeland-Winter Haven, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+198.3% since first listed

10 events — show timeline

• 2026-05-12 Price Changed $179,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Listed $185,000 Stellar MLS as Distributed by MLS Grid
• 2020-07-07 Sold (Public Records) $95,000 Public Records
• 2020-04-27 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-03-19 Listed $98,500 Stellar MLS as Distributed by MLS Grid
• 2017-03-14 Sold (Public Records) $70,000 Public Records
• 2010-08-11 Sold (Public Records) $73,000 Public Records
• 2010-08-05 Sold (MLS) $72,950 Stellar MLS as Distributed by MLS Grid
• 2009-10-06 Listed $90,000 Stellar MLS as Distributed by MLS Grid
• 2000-12-18 Sold (Public Records) $60,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $2,514 · +20.1% YoY. Source: county tax records.