1958 Built Block 4/3 on Large Lot in Kissimmee

This 4-bedroom, 3-bathroom single-family home sits on a 0.28-acre lot on Old Dixie Hwy in Kissimmee. Built in 1958 with solid concrete block construction, the property has 1,567 sq. ft. of living space and comes with significant systems updates already completed. The plumbing has been completely repiped with PVC/CPVC, the AC was replaced in 2017 (Carrier unit), and the electrical was updated in 1996. With no HOA and a vacant status at closing, this is a prime canvas for a cosmetic flip or long-term rental.

🛠️ Rehab Scope (Estimated)

1. Interior update including flooring, paint, and updated fixtures throughout.
2. Kitchen & Baths: Modernize the kitchen and all three bathrooms.
3. The roof was replaced in 2012 (13.5 years old). While it has life left, budget for a potential replacement or certification to ensure full retail value.
4. Exterior: Pressure wash the block exterior and refresh landscaping.

🟣 Comparable Sales

1. 1690 Andrea Ct – 3/2 | 1,667 sf | Sold $442,000 ($265/sf) | 02/03/2026 | New Top Comp (Similar size, supports $400k+ value)
2. 1511 Jenni Lee Ct – 4/2 | 1,746 sf | Sold $429,000 ($245/sf) | 01/30/2026 | Direct Size/Bed Comp (Supports strong 4-bed demand)
3. 305 Poinciana Cir – 4/2 | 1,361 sf | Pending $360,000 ($265/sf) | 01/26/2026 | Floor Comp (Subject is larger with +1 bath)
4. 2393 Old Dixie Hwy – 3/1 | 948 sf | Sold $295,000 ($311/sf) | 11/24/2025 | Neighbor (Sold for $311/sf despite being much smaller/1-bath)

💰 ARV Analysis

The subject property is a 4/3 and 1,567 sq. ft. Similar sized homes nearby (Andrea Ct & Jenni Lee Ct) are now closing between $429,000 and $442,000.  Even applying a conservative $265/sf (based on the Pending Poinciana and Sold Andrea comps) to the subject’s 1,567 sq. ft. puts the value right at $415,000.

Estimated ARV: $415,000 – $435,000 +/-

Projected Rent: $2,500 – $2,700/mo +/-