2055 S Floral Ave #15 · Bartow, FL 33830

$129,900

2 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 1 Days on market

Built 1981 5,354 sqft lot $105/mo HOA · 7% of rent

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Why this score? — see what drove the C+ 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 +26.2/30.0
• DSCR +8.8/10.0
• ARV discount +7.5/15.0
• 1% rule +7.1/10.0
• 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

2 Bedroom 2 Bath home on corner lot in active 55+ community. Vinyl planking floor in living room, dining room, kitchen and hall. Bay window in living room. All appliances including the washer and dryer. Large air conditioned utility/workshop and nice screen room. Own your own land with low HOA fees. Located close to all major attractions, doctors, hospitals, churches and shopping.

Key facts

• Durable metal roof
• Oversized sink
• Walk-in closet

Tags

• LUXURY VINYL FLOORING
• UPDATED KITCHEN
• OVERSIZED SINK
• WALK-IN CLOSET
• FIBERGLASS SHOWER
• DURABLE METAL ROOF

Property features AI

Finance

• Other: Association contact: Tena Weltz; Total annual association fees reported
• Financial info: Lease restrictions apply
• HOA & community: Monthly HOA fee of $105 (association approval required); Association amenities: clubhouse, pool, recreation facilities, shuffleboard court, storage; Community features: clubhouse, community mailbox, deed restrictions, golf carts allowed, pool; Senior community; Pets allowed

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected
• Home design: Manufactured double-wide home; One story; Faces north; PUD zoning; Homesteaded
• Construction: Metal frame and metal siding; Metal roof; Crawlspace foundation; Building area reported (per public records)
• Exterior features: Rain gutters; Outdoor storage; Asphalt road access; Lot dimensions approximately 61 x 90; Lot approx. 0.12 acres

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Window treatments; 6 total rooms
• Laundry & utility: Washer; Dryer; Outdoor laundry area

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $130k.

Deal economics

• At list price, monthly cash flow is $329 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).

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; 8 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 $898 of loan paydown is wiped out by about $4k 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 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 23y ago; this cycle's ask has dropped $8k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $72k; list at $130k implies a 80% 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 $129,900

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.21% ✓
• Cap rate: 9.34%
• Cash-on-cash: 10.87%
• DSCR: 1.48
• GRM: 6.9

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: -0.3%
• Equity multiple: 0.99×
• Total profit: $-481
• Equity at exit: $19,369

10-year hold

• IRR: 9.0%
• Equity multiple: 1.69×
• Total profit: $24,920
• Equity at exit: $11,231

Cash invested: $36,372 (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: 6.9×

Monthly cashflow live

• Estimated rent: $1,567 high
• Mortgage (P&I): −$681
• Tax from tax record: −$68 /mo · $820/yr
• Insurance: −$54
• HOA: −$105
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $329

Break-even live

Break-even rent $1,150

Max offer price $129,900

Occupancy floor 74%

Sensitivity live

Price	-10% $403	-5% $366	+0% $329	+5% $293	+10% $256
Rent	-10% $206	-5% $267	+0% $329	+5% $391	+10% $453
Rate	-1.0pp $395	-0.5pp $362	base $329	+0.5pp $296	+1.0pp $261

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: $32,475
• Closing costs: $3,897
• 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	4d	10	0.99mi
670 Garden St Bartow, FL	2.0	1.0	850	$1,295	$1.52	24d	1	1.03mi
1290 Henson Ln Bartow, FL	2.0	1.0	743	$850	$1.14	12d	1	1.10mi
820 S Floral Ave Bartow, FL	2.0	1.5	1112	$1,200	$1.08	24d	1	1.14mi
855 E Vine St Unit A Bartow, FL	3.0	2.0	1040	$1,850	$1.78	24d	1	1.36mi
740 E Pearl St Apt E Bartow, FL	2.0	1.5	1000	$1,470	$1.47	24d	1	1.40mi
740 E Pearl St Unit C Bartow, FL	2.0	1.0	900	$1,360	$1.51	24d	1	1.41mi
990 E Bay St Bartow, FL	3.0	2.0	1188	$1,295	$1.09	11d	1	1.46mi

HOA detail

• Monthly dues: $105 · $1,260/yr

Listing history 32 events

1. 2026-06-19
   days on marketlisting id $129,900 Active 1 DOM
2. 2026-06-13
   days on market $129,900 Active 266 DOM
3. 2026-06-10
   days on market $129,900 Active 263 DOM
4. 2026-06-09
   days on market $129,900 Active 262 DOM
5. 2026-06-08
   days on market $129,900 Active 261 DOM
6. 2026-06-07
   days on market $129,900 Active 260 DOM
7. 2026-06-05
   days on market $129,900 Active 257 DOM
8. 2026-06-03
   days on market $129,900 Active 255 DOM
9. 2026-06-01
   days on market $129,900 Active 254 DOM
10. 2026-05-31
    days on market $129,900 Active 253 DOM
11. 2026-03-20
    status Active
12. 2026-03-15
    historical
13. 2026-03-06
    price $129,900
14. 2025-09-15
    listed $137,500 Active
15. 2020-10-19
    soldstatus $72,000
16. 2020-10-13
    soldstatus $72,000 Sold 383-char remark

    Show marketing remark (383 chars)

    2 Bedroom 2 Bath home on corner lot in active 55+ community. Vinyl planking floor in living room, dining room, kitchen and hall. Bay window in living room. All appliances including the washer and dryer. Large air conditioned utility/workshop and nice screen room. Own your own land with low HOA fees. Located close to all major attractions, doctors, hospitals, churches and shopping.

17. 2020-09-16
    status Pending 383-char remark

    Show marketing remark (383 chars)

    2 Bedroom 2 Bath home on corner lot in active 55+ community. Vinyl planking floor in living room, dining room, kitchen and hall. Bay window in living room. All appliances including the washer and dryer. Large air conditioned utility/workshop and nice screen room. Own your own land with low HOA fees. Located close to all major attractions, doctors, hospitals, churches and shopping.

18. 2020-09-15
    listed $75,000 Active 383-char remark

    Show marketing remark (383 chars)

    2 Bedroom 2 Bath home on corner lot in active 55+ community. Vinyl planking floor in living room, dining room, kitchen and hall. Bay window in living room. All appliances including the washer and dryer. Large air conditioned utility/workshop and nice screen room. Own your own land with low HOA fees. Located close to all major attractions, doctors, hospitals, churches and shopping.

19. 2020-02-04
    historical
20. 2020-01-15
    listed $78,000 Active
21. 2015-06-05
    soldstatus $35,000 Sold
22. 2015-05-18
    status Pending
23. 2015-04-14
    price $36,500
24. 2015-02-20
    price $44,900
25. 2014-11-25
    price $49,900
26. 2014-08-11
    listed $54,900 Active
27. 2008-09-03
    soldstatus $61,000
28. 2007-06-07
    listed $72,500
29. 2005-09-16
    historical
30. 2003-10-20
    listed $44,500
31. 2002-01-03
    soldstatus $39,000
32. 1985-03-01
    soldstatus $40,000

ⓘ 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: $820 · $68/mo
• Projected year-2 tax: $1,078 · $90/mo
• Expected delta: +$258/yr (+$21/mo · 31.4%)

ⓘ 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: $18,806
• − Mortgage interest: −$7,276
• − Property taxes: −$820
• − Insurance: −$650
• − Repairs & maintenance: −$1,504
• − Management: −$1,504
• − HOA: −$1,260
• − Depreciation: −$3,779
• Taxable income: $2,012
• Est. tax owed @ 24.0%: −$483
• After-tax cash flow: $3,470/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

+224.8% since first listed

22 events — show timeline

• 2026-03-20 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-15 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-06 Price Changed $129,900 Stellar MLS as Distributed by MLS Grid
• 2025-09-15 Listed $137,500 Stellar MLS as Distributed by MLS Grid
• 2020-10-19 Sold (Public Records) $72,000 Public Records
• 2020-10-13 Sold (MLS) $72,000 Stellar MLS as Distributed by MLS Grid
• 2020-09-16 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-09-15 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2020-02-04 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-01-15 Listed $78,000 Stellar MLS as Distributed by MLS Grid
• 2015-06-05 Sold (MLS) $35,000 Stellar MLS as Distributed by MLS Grid
• 2015-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2015-04-14 Price Changed $36,500 Stellar MLS as Distributed by MLS Grid
• 2015-02-20 Price Changed $44,900 Stellar MLS as Distributed by MLS Grid
• 2014-11-25 Price Changed $49,900 Stellar MLS as Distributed by MLS Grid
• 2014-08-11 Listed $54,900 Stellar MLS as Distributed by MLS Grid
• 2008-09-03 Sold (Public Records) $61,000 Public Records
• 2007-06-07 Listed $72,500 Stellar MLS as Distributed by MLS Grid
• 2005-09-16 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2003-10-20 Listed $44,500 Stellar MLS as Distributed by MLS Grid
• 2002-01-03 Sold (Public Records) $39,000 Public Records
• 1985-03-01 Sold (Public Records) $40,000 Public Records

Property tax history

+10.0%/yr

Latest (2025): $820 · +3.5% YoY. Source: county tax records.