1954 Built Block SFR 2/1 in Haines City

This 2-bedroom, 1-bathroom block-construction home sits on a 5,001 sq. ft. lot in the Leroy Park neighborhood of Haines City. Built in 1954, the property features a compact 672 sq. ft. footprint and is situated on a street with a mix of older homes and new construction. The roof is approximately 5 years old, but the interior was left in rough condition by previous tenants and requires a full gut renovation. Note: Access is by appointment only.

🛠️ Rehab Scope (Estimated)

• Trash Out & Cleaning: Deep clean and trash removal required; flea treatment needed immediately.
• Interior Cosmetics: Full cosmetic rehab including drywall repairs, fresh paint, and new flooring throughout the 672 sq. ft. interior.
• Kitchen & Bath: Complete modernization of the kitchen and bathroom to match renovated comps.
• Mechanicals: No central A/C exists; budget for efficient mini-split installation or central system retrofit. Electrical likely needs updating (2-prong outlets observed).
• Exterior: Landscaping cleanup and pressure washing to improve curb appeal; back structure is for storage only.

🟣 Comparable Sales

1. 1808 Leroy Dr – 2/1 | 852 sf | Sold $195,000 ($229/sf) | 5/10/2025 | Renovated
2. 1803 Leroy Dr – 2/1 | 837 sf | Sold $135,000 ($161/sf) | 11/24/2025 | Standard Condition
3. 1807 Leroy Dr – 2/1 | 672 sf | Sold $133,000 ($198/sf) | 3/20/2025 | Same Size Comp – average conditiion
4. 1014 Geraldine St – 2/1 | 672 sf | Sold $125,000 ($186/sf) | 8/18/2025 | Same Size Comp – average condition

💰 ARV Analysis

Renovated 2/1 homes in this pocket are seeing a wide variance based on finish quality and size. The larger 1808 Leroy sold for $195,000 ($229/sf), while same-sized homes like 1014 Geraldine sold for $125,000 in lesser condition. With a high-end renovation that captures the nicer construction vibe of the street, this property has significant upside.

Estimated ARV: $135,000 – $155,000 +/-

Projected Rent: $1,200 – $1,350/mo