2055 S Floral Ave #40 · Bartow, FL 33830

$154,900

2 bd · 2.0 ba · 1,144 sqft · Manufactured public records · 136 Days on market

Built 1984 4,247 sqft lot $105/mo HOA · 7% 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 +18.7/30.0
• ARV discount +7.5/15.0
• DSCR +5.9/10.0
• 1% rule +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

Enjoy the fun activities at Floral Lakes of Bartow; for less! The community center and heated pool overlook the water and promote lots of opportunities for spending your leisure time with other 55 and older owners. Relax in this spacious 2 bedroom 2 bath home that’s been well cared for and ready for your furniture. You’ll especially appreciate lounging on the 10 X 19 ft partially enclosed porch.

Key facts

• Remodeled kitchen
• New central heat
• New countertops

Tags

• REMODELED KITCHEN
• NEW SHAKER STYLE CABINETS
• NEW COUNTERTOPS
• NEW STAINLESS STEEL APPLIANCES
• NEW LUXURY VINYL FLOORS
• NEW CENTRAL HEAT

Property features AI

Finance

• Other: Association contact: Tena Weltz
• Financial info: Total monthly fees $105; total annual fees $1,260; Lease restrictions apply
• HOA & community: Monthly HOA fee of $105; HOA required with approval process; HOA amenities include clubhouse, pool, and shuffleboard court; Community features include clubhouse, deed restrictions, golf carts allowed, and pool; Senior community; Pets allowed (cats and dogs; number limit applies)

Exterior

• Parking: Carport with 1 space
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Manufactured home (double wide); Residential property; One level; East-facing entry
• Construction: Frame construction; Metal roof; Built on crawlspace
• Exterior features: Rain gutters; Asphalt road access

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator; Electric water heater
• Bedrooms: 2 bedrooms
• Flooring: Vinyl; Crawlspace foundation
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Walk-in closet
• Laundry & utility: Laundry room; Outside laundry access

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $155k.

Deal economics

• At list price, monthly cash flow is $154 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $136k (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.
• Market conditions: Rents rising (+2.7%/yr); 386 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $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 136 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $18k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $155k implies a 72% 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 5→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 136 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. 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. 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.
8. 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.
9. 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: 7.49%
• Cash-on-cash: 4.26%
• DSCR: 1.19
• 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: -9.9%
• Equity multiple: 0.64×
• Total profit: $-15,698
• Equity at exit: $23,096

10-year hold

• IRR: -0.9%
• Equity multiple: 0.94×
• Total profit: $-2,699
• Equity at exit: $13,393

Cash invested: $43,372 (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: 386
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,573 high
• Mortgage (P&I): −$812
• Tax from tax record: −$107 /mo · $1,284/yr
• Insurance: −$65
• HOA: −$105
• Vacancy / Maint / Mgmt: −$330
• Net cashflow: $154

Break-even live

Break-even rent $1,378

Max offer price $154,900

Occupancy floor 85%

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Laurel Cir Bartow, FL	2.0	2.5	1274	$1,740	$1.37	3d	10	0.98mi
670 Garden St Bartow, FL	2.0	1.0	850	$1,295	$1.52	23d	1	1.10mi
1290 Henson Ln Bartow, FL	2.0	1.0	743	$850	$1.14	11d	1	1.16mi
820 S Floral Ave Bartow, FL	2.0	1.5	1112	$1,200	$1.08	23d	1	1.22mi
855 E Vine St Unit A Bartow, FL	3.0	2.0	1040	$1,850	$1.78	23d	1	1.45mi
740 E Pearl St Apt E Bartow, FL	2.0	1.5	1000	$1,470	$1.47	23d	1	1.49mi
740 E Pearl St Unit C Bartow, FL	2.0	1.0	900	$1,360	$1.51	23d	1	1.50mi

HOA detail

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

Listing history 21 events

1. 2026-04-29
   status Pending
2. 2026-04-07
   price $154,900
3. 2026-03-26
   price $156,900
4. 2026-02-22
   price $159,900
5. 2026-01-12
   price $164,900
6. 2025-12-14
   listed $172,900 Active
7. 2025-10-28
   soldstatus $90,000
8. 2020-07-24
   soldstatus $49,900
9. 2020-05-07
   soldstatus $49,900 Sold 410-char remark

   Show marketing remark (410 chars)

   Enjoy the fun activities at Floral Lakes of Bartow; for less! The community center and heated pool overlook the water and promote lots of opportunities for spending your leisure time with other 55 and older owners. Relax in this spacious 2 bedroom 2 bath home that’s been well cared for and ready for your furniture. You’ll especially appreciate lounging on the 10 X 19 ft partially enclosed porch.

10. 2020-04-15
    status Pending 410-char remark

    Show marketing remark (410 chars)

    Enjoy the fun activities at Floral Lakes of Bartow; for less! The community center and heated pool overlook the water and promote lots of opportunities for spending your leisure time with other 55 and older owners. Relax in this spacious 2 bedroom 2 bath home that’s been well cared for and ready for your furniture. You’ll especially appreciate lounging on the 10 X 19 ft partially enclosed porch.

11. 2020-03-25
    price $49,900 410-char remark

    Show marketing remark (410 chars)

    Enjoy the fun activities at Floral Lakes of Bartow; for less! The community center and heated pool overlook the water and promote lots of opportunities for spending your leisure time with other 55 and older owners. Relax in this spacious 2 bedroom 2 bath home that’s been well cared for and ready for your furniture. You’ll especially appreciate lounging on the 10 X 19 ft partially enclosed porch.

12. 2020-02-28
    price $54,900 410-char remark

    Show marketing remark (410 chars)

    Enjoy the fun activities at Floral Lakes of Bartow; for less! The community center and heated pool overlook the water and promote lots of opportunities for spending your leisure time with other 55 and older owners. Relax in this spacious 2 bedroom 2 bath home that’s been well cared for and ready for your furniture. You’ll especially appreciate lounging on the 10 X 19 ft partially enclosed porch.

13. 2020-01-29
    listed $59,900 Active 410-char remark

    Show marketing remark (410 chars)

    Enjoy the fun activities at Floral Lakes of Bartow; for less! The community center and heated pool overlook the water and promote lots of opportunities for spending your leisure time with other 55 and older owners. Relax in this spacious 2 bedroom 2 bath home that’s been well cared for and ready for your furniture. You’ll especially appreciate lounging on the 10 X 19 ft partially enclosed porch.

14. 2015-09-16
    historical
15. 2015-09-08
    price $39,900
16. 2015-08-31
    price $44,900
17. 2015-07-28
    listed $49,900 Active
18. 2007-01-09
    soldstatus $74,000
19. 2006-12-29
    soldstatus $76,000
20. 2006-06-07
    listed $79,500
21. 1983-11-01
    soldstatus $10,200

ⓘ 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: $1,284 · $107/mo
• Projected year-2 tax: $1,286 · $107/mo
• Expected delta: +$2/yr ($0/mo · 0.1%)

ⓘ 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 5 d/yr ≥108°F today · 16 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: $18,879
• − Mortgage interest: −$8,677
• − Property taxes: −$1,284
• − Insurance: −$774
• − Repairs & maintenance: −$1,510
• − Management: −$1,510
• − HOA: −$1,260
• − Depreciation: −$4,506
• Taxable loss: −$643
• Est. tax savings @ 24.0%: +$154
• After-tax cash flow: $2,003/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

+1418.6% since first listed

21 events — show timeline

• 2026-04-29 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-07 Price Changed $154,900 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Price Changed $156,900 Stellar MLS as Distributed by MLS Grid
• 2026-02-22 Price Changed $159,900 Stellar MLS as Distributed by MLS Grid
• 2026-01-12 Price Changed $164,900 Stellar MLS as Distributed by MLS Grid
• 2025-12-14 Listed $172,900 Stellar MLS as Distributed by MLS Grid
• 2025-10-28 Sold (Public Records) $90,000 Public Records
• 2020-07-24 Sold (Public Records) $49,900 Public Records
• 2020-05-07 Sold (MLS) $49,900 Stellar MLS as Distributed by MLS Grid
• 2020-04-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-03-25 Price Changed $49,900 Stellar MLS as Distributed by MLS Grid
• 2020-02-28 Price Changed $54,900 Stellar MLS as Distributed by MLS Grid
• 2020-01-29 Listed $59,900 Stellar MLS as Distributed by MLS Grid
• 2015-09-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2015-09-08 Price Changed $39,900 Stellar MLS as Distributed by MLS Grid
• 2015-08-31 Price Changed $44,900 Stellar MLS as Distributed by MLS Grid
• 2015-07-28 Listed $49,900 Stellar MLS as Distributed by MLS Grid
• 2007-01-09 Sold (Public Records) $74,000 Public Records
• 2006-12-29 Sold (MLS) $76,000 Stellar MLS as Distributed by MLS Grid
• 2006-06-07 Listed $79,500 Stellar MLS as Distributed by MLS Grid
• 1983-11-01 Sold (Public Records) $10,200 Public Records

Property tax history

+13.0%/yr

Latest (2025): $1,284 · +4.6% YoY. Source: county tax records.