Fixer Upper in Lakeland

  • $139,900
E Peachtree St, Lakeland, FL 33801


  • Single Family Home
  • Property Type
  • 2 (3)
  • Bedrooms
  • 1
  • Bathroom
  • 841
  • Moderate
  • Estimated Rehab Cost
  • $225,000+
  • Estimated ARV


If you are struggling to find a deal under 150k, then you are about to be elated.  This house is a 2/1, but has a 3rd room, that needs a closet to be considered a bedroom.  You have a lot of work that has been done already, but you also have some more to go, to get it in retail condition.  The good news, is that it is a small house, so you should be able to keep your costs reasonable.

Roof is 1-2 yr old. AC unit is 7/8 years old. For a flip, you need to update the kitchen/bath, new floors throughout, siding needs to be redone completely, paint, probably plumbing and electrical work – although they don’t have any issues with either currently.  The seller let us know that they had a termite infestation a few months back, and never tented it, so this will definitely need to be done.

For comps, you have 3 – 1 bathroom sales that are similar in size.  They are all in pretty good shape.  We feel 225k is a very fair arv.


  • Price: $139,900
  • Property Size (Sq. ft.): 841
  • Land Area (Acres): 0.22
  • Year Built: 1950
  • Property Type: Single Family Home
  • Property Status: Cash Flow, Flip
  • Vacant or Occupied: Occupied
  • County: Polk
  • Estimated ARV: $225,000+
  • Estimated Rehab Cost: Moderate
  • Estimated Monthly Rent: $1,400+-
  • Yearly Taxes: $743
  • Construction Type: Frame
  • Pool: None


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