1761 Elbert Acres Ct NE · Winter Haven, FL 33881

$214,900

3 bd · 2.0 ba · 1,016 sqft · SingleFamily public records · 57 Days on market

Built 1988 6,551 sqft lot

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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 +13.5/30.0
• ARV discount +7.5/15.0
• DSCR +4.1/10.0
• Livability +3.7/5.0
• 1% rule +3.6/10.0
• Schools +3.5/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you have been searching high and low for that perfect forever home or you are looking to expand your investment portfolio, you just found the gem of east Winter Haven! Located just a short distance from budding Downtown Winter Haven with it's boutique shops, incredible dining options, and plenty of entertainment, this adorable home is ready for you to make it your own. Recent updates include new roof in 2018, new air handler in 2022, and stainless steel appliances. Inside, the home has tile flooring throughout making cleanup a breeze! Spend evenings relaxing with friends on your screen enclosed porch or invite family over for weekend BBQ's on your huge deck in the privacy fenced backyard. The functional garage door opens to reveal a convenient 5'x10' storage area with more storage available in the rear shed which conveys with the purchase. There is also an included solar powered security system with video surveillance and smart phone connectivity.

Key facts

• Move in ready
• No hoa
• 6,551 sq ft lot

Tags

• MOVE IN READY
• NO HOA
• LOW MAINTENANCE TILE FLOORING
• STAINLESS STEEL APPLIANCES
• FULLY FENCED BACKYARD

Property features AI

Finance

• Other: Unfurnished; Living area approximately 1,016 square feet
• HOA & community: Pets allowed

Exterior

• Parking: Attached garage (1-car)
• Utilities: Public water; Public sewer; Electricity available; Cable available; Phone available; Broadband/high-speed internet available
• Home design: Single-family residence; One story; Faces south
• Construction: Concrete, stucco and frame construction; Shingle roof; Slab foundation; Built on less than 1/4 acre
• Exterior features: Covered front and rear porches; Screened porch; Sliding doors; Storage; Level, paved lot; Asphalt road access; Lot dimensions approximately 62 x 105

Interior

• Kitchen: Built-in oven; Cooktop; Range; Microwave; Dishwasher; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric and natural gas); Central air conditioning
• Interior features: Eat-in kitchen; Thermostat; Family room
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $7 ($81/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $184k (14.5% below list).
• Recommended offer: $184k (14.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 74/100 on livability (#291 in FL, #4,898 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment C-, amenities F, commute 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: Elbert Elementary School (math 35% / reading 37%, grade F, #1,670 of 2,144 statewide, top 78%, 601 students, 62% FRL); Denison Middle School (math 24% / reading 25%, grade F, #522 of 571 statewide, top 93%, 738 students, 69% FRL); Winter Haven Senior High School (math 26% / reading 38%, grade F, #415 of 667 statewide, top 63%, 2,467 students, 50% FRL) — zoned schools at 60% FRL track the district average.
• Market conditions: Rents rising (+2.1%/yr); 495 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 39% of the median local income ($57k/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 $6k 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 57 days — a 3% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,756 (14.5% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.86% ✗
• Cap rate: 6.33%
• Cash-on-cash: 0.14%
• DSCR: 1.01
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.1% rent growth · sell at horizon

5-year hold

• IRR: -17.1%
• Equity multiple: 0.40×
• Total profit: $-36,037
• Equity at exit: $32,042

10-year hold

• IRR: -10.7%
• Equity multiple: 0.38×
• Total profit: $-37,458
• Equity at exit: $18,581

Cash invested: $60,172 (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 33881

• Home prices YoY: -24.3%
• Rents YoY: 2.1%
• Active inventory: 495
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,838 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$228 /mo · $2,741/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $7

Break-even live

Break-even rent $1,829

Max offer price $214,900

Occupancy floor 95%

Sensitivity live

Price	-10% $128	-5% $68	+0% $7	+5% $-54	+10% $-115
Rent	-10% $-138	-5% $-66	+0% $7	+5% $79	+10% $152
Rate	-1.0pp $115	-0.5pp $61	base $7	+0.5pp $-49	+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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1743 Avenue C NE Winter Haven, FL	3.0	2.0	1016	$1,595	$1.57	5d	1	0.08mi
137 Woodland Dr Winter Haven, FL	3.0	2.0	1390	$2,000	$1.44	25d	1	0.31mi
850 17th Ter NE Winter Haven, FL	2.0	1.0	1206	$1,520	$1.26	5d	1	0.44mi
1331 11th St NE Winter Haven, FL	3.0	2.0	1200	$2,190	$1.82	25d	1	1.08mi
1550 11th St NE Unit G3 Winter Haven, FL	2.0	2.0	1148	$1,325	$1.15	16d	1	1.11mi
1200 6th St NE Winter Haven, FL	3.0	2.0	1224	$1,585	$1.29	16d	1	1.47mi
611 Avenue G SE Winter Haven, FL	2.0	1.0	875	$1,299	$1.48	5d	1	1.48mi
609 Avenue G SE Winter Haven, FL	2.0	1.0	875	$1,399	$1.60	25d	1	1.48mi

Listing history 14 events

1. 2026-05-14
   status Pending
2. 2026-04-24
   price $214,900
3. 2026-04-17
   status Active
4. 2026-03-11
   status Pending
5. 2026-02-09
   listed $219,900 Active
6. 2022-07-27
   soldstatus $204,500
7. 2022-07-26
   soldstatus $204,500 Closed 964-char remark

   Show marketing remark (964 chars)

   If you have been searching high and low for that perfect forever home or you are looking to expand your investment portfolio, you just found the gem of east Winter Haven! Located just a short distance from budding Downtown Winter Haven with it's boutique shops, incredible dining options, and plenty of entertainment, this adorable home is ready for you to make it your own. Recent updates include new roof in 2018, new air handler in 2022, and stainless steel appliances. Inside, the home has tile flooring throughout making cleanup a breeze! Spend evenings relaxing with friends on your screen enclosed porch or invite family over for weekend BBQ's on your huge deck in the privacy fenced backyard. The functional garage door opens to reveal a convenient 5'x10' storage area with more storage available in the rear shed which conveys with the purchase. There is also an included solar powered security system with video surveillance and smart phone connectivity.

8. 2022-06-14
   status Pending 964-char remark

   Show marketing remark (964 chars)

   If you have been searching high and low for that perfect forever home or you are looking to expand your investment portfolio, you just found the gem of east Winter Haven! Located just a short distance from budding Downtown Winter Haven with it's boutique shops, incredible dining options, and plenty of entertainment, this adorable home is ready for you to make it your own. Recent updates include new roof in 2018, new air handler in 2022, and stainless steel appliances. Inside, the home has tile flooring throughout making cleanup a breeze! Spend evenings relaxing with friends on your screen enclosed porch or invite family over for weekend BBQ's on your huge deck in the privacy fenced backyard. The functional garage door opens to reveal a convenient 5'x10' storage area with more storage available in the rear shed which conveys with the purchase. There is also an included solar powered security system with video surveillance and smart phone connectivity.

9. 2022-06-09
   listed $225,000 Active 964-char remark

   Show marketing remark (964 chars)

   If you have been searching high and low for that perfect forever home or you are looking to expand your investment portfolio, you just found the gem of east Winter Haven! Located just a short distance from budding Downtown Winter Haven with it's boutique shops, incredible dining options, and plenty of entertainment, this adorable home is ready for you to make it your own. Recent updates include new roof in 2018, new air handler in 2022, and stainless steel appliances. Inside, the home has tile flooring throughout making cleanup a breeze! Spend evenings relaxing with friends on your screen enclosed porch or invite family over for weekend BBQ's on your huge deck in the privacy fenced backyard. The functional garage door opens to reveal a convenient 5'x10' storage area with more storage available in the rear shed which conveys with the purchase. There is also an included solar powered security system with video surveillance and smart phone connectivity.

10. 2011-11-04
    soldstatus $24,500 1062-char remark

    Show marketing remark (1062 chars)

    White picket fence and a covered entry leads you into this 3 bedroom, 2 bath home. Inside you will find living and dining areas plus an eat-in kitchen with lots of cabinet space. Tile, carpet and vinyl floors. Screen enclosed back patio perfect for relaxing at the end of the day. Fenced yard. Quick commute to schools, shopping, dining, Polk Community College and main roadways. Please Note: Market Days 1-7, Seller will not review any offers. Market Days 8-12 Seller will ONLY review offers from NSP Buyers, Municipalities, Non-Profit Organization & Owner-Occupant. On Market Day 13 All Other Offers will be reviewed. Buyers should obtain a free prequalification letter from sellers specified lender (see realtor remarks) buyers also have the option to provide proof of other credit financing. Cash buyers are Required to provide Proof Of Funds, from a US bank in US dollars when offer is submitted. Special Addenda Required. All Offers to be Submitted on an As-Is FAR/BAR. * HOA Fees, home square footage, and lot sizes should be independently verified.

11. 2011-09-28
    listed $19,900 1062-char remark

    Show marketing remark (1062 chars)

    White picket fence and a covered entry leads you into this 3 bedroom, 2 bath home. Inside you will find living and dining areas plus an eat-in kitchen with lots of cabinet space. Tile, carpet and vinyl floors. Screen enclosed back patio perfect for relaxing at the end of the day. Fenced yard. Quick commute to schools, shopping, dining, Polk Community College and main roadways. Please Note: Market Days 1-7, Seller will not review any offers. Market Days 8-12 Seller will ONLY review offers from NSP Buyers, Municipalities, Non-Profit Organization & Owner-Occupant. On Market Day 13 All Other Offers will be reviewed. Buyers should obtain a free prequalification letter from sellers specified lender (see realtor remarks) buyers also have the option to provide proof of other credit financing. Cash buyers are Required to provide Proof Of Funds, from a US bank in US dollars when offer is submitted. Special Addenda Required. All Offers to be Submitted on an As-Is FAR/BAR. * HOA Fees, home square footage, and lot sizes should be independently verified.

12. 2007-01-09
    soldstatus $110,000
13. 1997-03-17
    soldstatus $59,900
14. 1995-10-17
    soldstatus $41,000

ⓘ 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: $2,741 · $228/mo
• Projected year-2 tax: $2,741 · $228/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 X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,051
• − Mortgage interest: −$12,038
• − Property taxes: −$2,741
• − Insurance: −$1,074
• − Repairs & maintenance: −$1,764
• − Management: −$1,764
• − Depreciation: −$6,252
• Taxable loss: −$3,582
• Est. tax savings @ 24.0%: +$860
• After-tax cash flow: $941/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 — Winter Haven

• Score: 74/100
• State rank: #291
• US rank: #4898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Winter Haven, FL
• County: Polk County · 740,051 people
• City population: 121,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 40,808
• Household income: $57,024
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1270.0

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 0.68)
• Race & ethnicity: White 44% Black 27% Hispanic / Latino 25% Two or more races 15%
• Hispanic origin (detail): Mexican 4% Puerto Rican 12% Cuban 1%
• Common ancestry: Hispanic 5% Slovak 1% Italian 1%
• Foreign-born: 15% · Canada, Jamaica
• Languages at home: 73% English-only · Spanish 20% French/Haitian/Cajun 6%

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: ▼ -88.95%
• Current HPI: 277.0597
• Rent YoY: ▲ 2.10%
• 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

+424.1% since first listed

14 events — show timeline

• 2026-05-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Price Changed $214,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-09 Listed $219,900 Stellar MLS as Distributed by MLS Grid
• 2022-07-27 Sold (Public Records) $204,500 Public Records
• 2022-07-26 Sold (MLS) $204,500 Stellar MLS as Distributed by MLS Grid
• 2022-06-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-06-09 Listed $225,000 Stellar MLS as Distributed by MLS Grid
• 2011-11-04 Sold (MLS) $24,500 Stellar MLS as Distributed by MLS Grid
• 2011-09-28 Listed $19,900 Stellar MLS as Distributed by MLS Grid
• 2007-01-09 Sold (Public Records) $110,000 Public Records
• 1997-03-17 Sold (Public Records) $59,900 Public Records
• 1995-10-17 Sold (Public Records) $41,000 Public Records

Property tax history

+23.5%/yr

Latest (2025): $2,741 · -0.1% YoY. Source: county tax records.