2055 S Floral Ave #306 · Bartow, FL 33830

$99,000

2 bd · 2.0 ba · 1,066 sqft · Manufactured public records · 296 Days on market

Built 1983 4,404 sqft lot $105/mo HOA · 7% of rent

---

Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 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

Welcome to waterfront living!! This inviting 2 bedroom, 2 bathroom double-wide home with a bonus room and a bright Florida room, can be found perfectly situated in the highly sought-after Floral Lakes, a 55+ lakefront community. Inside, you’ll find a convenient kitchen passthrough to the dining area with a built-in dry bar, plus a comfortable split of living spaces ideal for relaxing or entertaining. Major updates include a 2-year-old HVAC system, a durable metal roof with plenty of life left, and replaced flooring and subfloors—giving peace of mind for years to come. Floral Lakes is known for its friendly atmosphere, very low HOA fees, no CDDs, and absolutely NO LOT RENT. Resi

Key facts

• Metal roof
• Built-in dry bar
• Bonus room

Tags

• BONUS ROOM
• FLORIDA ROOM
• KITCHEN PASSTHROUGH
• BUILT-IN DRY BAR
• METAL ROOF
• PRIVATE BOAT RAMP ACCESS

Property features AI

Finance

• Other: Community directions available
• Financial info: Total monthly fees $105; Total annual fees $1,260; Lease restrictions apply
• HOA & community: Monthly HOA $105; HOA required with approval; Association amenities: Clubhouse, Park, Pool, Security, Shuffleboard court; Association fees cover pool, grounds maintenance, recreational facilities, and trash; Community features: Clubhouse, Deed restrictions, Golf carts allowed, Park, Pool; Senior community; Pets allowed (cats and dogs)

Exterior

• Parking: Driveway; 2-space carport
• Security: Community security
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Manufactured double-wide home; Single-story; Faces north; Residential in a PUD; Homesteaded
• Construction: Metal siding; Vinyl siding; Metal roof; Built on crawlspace
• Exterior features: Lighting; Rain gutters; In-ground pool; Lakefront with lake views; Private boat ramp; Fishing pier; Paved road access

Interior

• Kitchen: Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Wood flooring; Crawlspace foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Dry bar; Living room/dining room combo; Den/office
• Laundry & utility: Washer; Dryer; Laundry inside

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $99k.

Deal economics

• At list price, monthly cash flow is $512 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $87k (12.0% 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; 8 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 2.7% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 296 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $50k; list at $99k implies a 98% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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 $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 296 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
9. 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.
10. 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.
11. 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: 1.58% ✓
• Cap rate: 12.50%
• Cash-on-cash: 22.16%
• DSCR: 1.99
• GRM: 5.3

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: 14.6%
• Equity multiple: 1.58×
• Total profit: $16,173
• Equity at exit: $14,761

10-year hold

• IRR: 23.2%
• Equity multiple: 2.97×
• Total profit: $54,474
• Equity at exit: $8,560

Cash invested: $27,720 (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: 5.3×

Monthly cashflow live

• Estimated rent: $1,568 high
• Mortgage (P&I): −$519
• Tax from tax record: −$61 /mo · $734/yr
• Insurance: −$41
• HOA: −$105
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $512

Break-even live

Break-even rent $920

Max offer price $99,000

Occupancy floor 62%

Sensitivity live

Price	-10% $568	-5% $540	+0% $512	+5% $484	+10% $456
Rent	-10% $388	-5% $450	+0% $512	+5% $574	+10% $636
Rate	-1.0pp $562	-0.5pp $537	base $512	+0.5pp $486	+1.0pp $460

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 8 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	0.82mi
670 Garden St Bartow, FL	2.0	1.0	850	$1,295	$1.52	25d	1	0.90mi
820 S Floral Ave Bartow, FL	2.0	1.5	1112	$1,200	$1.08	25d	1	1.03mi
1290 Henson Ln Bartow, FL	2.0	1.0	743	$850	$1.14	13d	1	1.25mi
855 E Vine St Unit A Bartow, FL	3.0	2.0	1040	$1,850	$1.78	25d	1	1.32mi
740 E Pearl St Apt E Bartow, FL	2.0	1.5	1000	$1,470	$1.47	25d	1	1.35mi
740 E Pearl St Unit C Bartow, FL	2.0	1.0	900	$1,360	$1.51	25d	1	1.36mi
990 E Bay St Bartow, FL	3.0	2.0	1188	$1,295	$1.09	12d	1	1.43mi

HOA detail

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

Listing history 23 events

1. 2026-06-22
   days on market $99,000 Active 296 DOM
2. 2026-06-18
   days on market $99,000 Active 293 DOM
3. 2026-06-17
   days on market $99,000 Active 292 DOM
4. 2026-06-16
   days on market $99,000 Active 291 DOM
5. 2026-06-15
   days on market $99,000 Active 290 DOM
6. 2026-06-13
   days on market $99,000 Active 288 DOM
7. 2026-06-10
   days on market $99,000 Active 285 DOM
8. 2026-06-09
   days on market $99,000 Active 284 DOM
9. 2026-06-08
   days on market $99,000 Active 283 DOM
10. 2026-06-07
    days on market $99,000 Active 282 DOM
11. 2026-06-05
    days on market $99,000 Active 279 DOM
12. 2026-06-03
    days on market $99,000 Active 277 DOM
13. 2026-06-01
    days on market $99,000 Active 276 DOM
14. 2026-05-31
    days on market $99,000 Active 275 DOM
15. 2026-04-21
    price $99,000
16. 2026-04-03
    price $109,000
17. 2026-03-12
    price $110,000
18. 2026-02-10
    price $119,000
19. 2026-01-06
    price $124,000
20. 2025-12-12
    price $128,000
21. 2025-09-22
    price $144,000
22. 2025-08-29
    listed $149,000 Active
23. 1998-02-11
    soldstatus $50,000

ⓘ 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: $734 · $61/mo
• Projected year-2 tax: $822 · $68/mo
• Expected delta: +$88/yr (+$7/mo · 12.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 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: $18,813
• − Mortgage interest: −$5,546
• − Property taxes: −$734
• − Insurance: −$495
• − Repairs & maintenance: −$1,505
• − Management: −$1,505
• − HOA: −$1,260
• − Depreciation: −$2,880
• Taxable income: $4,888
• Est. tax owed @ 24.0%: −$1,173
• After-tax cash flow: $4,970/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

+98.0% since first listed

9 events — show timeline

• 2026-04-21 Price Changed $99,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-03 Price Changed $109,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-12 Price Changed $110,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-10 Price Changed $119,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-06 Price Changed $124,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-12 Price Changed $128,000 Stellar MLS as Distributed by MLS Grid
• 2025-09-22 Price Changed $144,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-29 Listed $149,000 Stellar MLS as Distributed by MLS Grid
• 1998-02-11 Sold (Public Records) $50,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $734 · +3.6% YoY. Source: county tax records.