2055 S Floral Ave #262 · Bartow, FL 33830

$179,900

2 bd · 2.0 ba · 1,560 sqft · Manufactured public records · 3 Days on market

Built 1983 5,175 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 +16.2/30.0
• ARV discount +7.5/15.0
• 1% rule +5.3/10.0
• DSCR +5.0/10.0
• 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

This MOVE-IN READY waterfront 2 Bedroom, 2 Bathroom manufactured home in the 55+ Floral Lakes Community in Bartow, FL is situated on Boca Cove and features double paned windows and sliding doors; newer A/C unit; metal roof; a spacious Kitchen with breakfast bar, island cooktop, built-in oven, dishwasher, and plenty of cabinets for pantry space; a separate Dining Area with built-in lighted China Hutch; and a large Living Room with sliding glass doors that open to the enclosed Florida Room. In this split bedroom plan, the Primary Bedroom features a sliding glass door to the Florida Room, while its en-suite bathroom features a fiberglass shower enclosure, double vanities, and double linen clos

Key facts

• Durable metal roof
• Island cooktop
• Built in oven

Tags

• WATERFRONT RETREAT
• ENERGY SAVING WINDOWS
• DURABLE METAL ROOF
• ISLAND COOKTOP
• BUILT IN OVEN
• BREAKFAST BAR

Property features AI

Finance

• Other: Lot approximately 0.12 acre (90 x 57), private maintained asphalt road; Living area about 1,560 square feet; Total monthly fees listed as $105; total annual fees listed as $1,260
• HOA & community: Has HOA (monthly fee $105); Association approval required; Association amenities: clubhouse, pool, shuffleboard court; Association fee covers grounds maintenance and recreational facilities; Community features: clubhouse, community mailbox, pool, golf carts allowed, buyer approval required; Senior community; Pets allowed

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Sewer connected
• Home design: Manufactured double-wide home; One story; Faces east; Exterior wheelchair lift
• Construction: Metal frame construction; Metal roof; Crawlspace foundation; Built in 0 (year not provided)
• Exterior features: Storage; Fishing pier; Lake access and lake view

Interior

• Kitchen: Built-in oven; Cooktop; Dishwasher; Microwave; Refrigerator; Eat-in kitchen
• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air; Wall/window unit(s)
• Interior features: Built-in features; Ceiling fans; Eat-in kitchen; Split bedroom floor plan; Walk-in closets; Double-pane windows
• Laundry & utility: Washer and dryer included; Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $180k.

Deal economics

• At list price, monthly cash flow is $-31 ($-366/yr) — negative.
• To cash-flow at today's rent, offer at most $175k (3.0% below list).
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $175k (3.0% below list) — sets the bar for cash-flow.

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 25d 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 35% 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $120k; 50% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $174,510 (3.0% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 1.03% ✓
• Cap rate: 6.92%
• Cash-on-cash: 2.26%
• DSCR: 1.10
• GRM: 8.1

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: -17.7%
• Equity multiple: 0.38×
• Total profit: $-31,435
• Equity at exit: $26,824

10-year hold

• IRR: -10.3%
• Equity multiple: 0.38×
• Total profit: $-31,266
• Equity at exit: $15,554

Cash invested: $50,372 (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: 8.1×

Monthly cashflow live

• Estimated rent: $1,845 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$240 /mo · $2,875/yr
• Insurance: −$75
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$105
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $-31

Break-even live

Break-even rent $1,884

Max offer price $174,510

Occupancy floor 97%

Sensitivity live

Price	-10% $71	-5% $20	+0% $-31	+5% $-81	+10% $-132
Rent	-10% $-176	-5% $-103	+0% $-31	+5% $42	+10% $115
Rate	-1.0pp $60	-0.5pp $15	base $-31	+0.5pp $-77	+1.0pp $-125

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: $44,975
• Closing costs: $5,397
• 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	0.75mi
820 S Floral Ave Bartow, FL	2.0	1.5	1112	$1,200	$1.08	25d	1	1.14mi
1705 Davis Ave Bartow, FL	3.0	2.0	1828	$2,500	$1.37	25d	1	1.32mi

HOA detail

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

Listing history 19 events

1. 2026-06-22
   days on market $179,900 Active 3 DOM
2. 2026-06-19
   days on marketlisting id $179,900 Active 1 DOM
3. 2026-06-15
   days on market $179,900 Active 406 DOM
4. 2026-06-13
   days on market $179,900 Active 404 DOM
5. 2026-06-10
   days on market $179,900 Active 401 DOM
6. 2026-06-09
   days on market $179,900 Active 400 DOM
7. 2026-06-08
   days on market $179,900 Active 399 DOM
8. 2026-06-07
   days on market $179,900 Active 398 DOM
9. 2026-06-05
   days on market $179,900 Active 395 DOM
10. 2026-06-03
    days on market $179,900 Active 393 DOM
11. 2026-06-01
    days on market $179,900 Active 392 DOM
12. 2026-05-31
    days on market $179,900 Active 391 DOM
13. 2026-03-24
    price $179,900
14. 2026-03-04
    price $183,900
15. 2026-01-05
    price $189,000
16. 2025-05-05
    listed $199,000 Active
17. 2021-04-15
    soldstatus $120,000
18. 2003-08-01
    soldstatus $65,000
19. 1986-12-01
    soldstatus $80,000

ⓘ 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: $2,875 · $240/mo
• Projected year-2 tax: $2,875 · $240/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 6/10 Major
• 🌡 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: $22,142
• − Mortgage interest: −$10,077
• − Property taxes: −$2,875
• − Insurance: −$2,402
• − Repairs & maintenance: −$1,771
• − Management: −$1,771
• − HOA: −$1,260
• − Depreciation: −$5,233
• Taxable loss: −$3,249
• Est. tax savings @ 24.0%: +$780
• After-tax cash flow: $414/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

+124.9% since first listed

7 events — show timeline

• 2026-03-24 Price Changed $179,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-04 Price Changed $183,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-05 Price Changed $189,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-05 Listed $199,000 Stellar MLS as Distributed by MLS Grid
• 2021-04-15 Sold (Public Records) $120,000 Public Records
• 2003-08-01 Sold (Public Records) $65,000 Public Records
• 1986-12-01 Sold (Public Records) $80,000 Public Records

Property tax history

+14.4%/yr

Latest (2025): $2,875 · +171.9% YoY. Source: county tax records.