Frostproof Block Home with Newer Roof and Windows

  • $125,000
Thomas Ave, Frostproof, FL 33843
  • Single Family
  • Property Type
  • 2
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,247
  • Moderate
  • Estimated Rehab Cost
  • $190,000 to $200,000 +/-
  • Estimated ARV
  • Polk
  • County

Overview

  • Single Family
  • Property Type
  • 2
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,247
  • Moderate
  • Estimated Rehab Cost
  • $190,000 to $200,000 +/-
  • Estimated ARV
  • Polk
  • County

Description

This Frostproof block home has 2 beds, 2 baths, 1,366 sq. ft., a carport, and an 8,947 sq. ft. lot in Flood Zone X. Roof and windows were done in 2021, and the AC is 2007. Property needs a full cleanout and cosmetic updates, with dated interior finishes, odor treatment needed, older flooring, dated baths, and general cleanup throughout.

Repairs Needed Estimated

  • Full cleanout and odor treatment
  • Interior paint, flooring, trim, fixtures, and general cosmetic cleanup
  • Kitchen updates
  • Bathroom updates
  • HVAC
  • Exterior wash/cleanup and yard cleanup

Comparable Sales

  1. 307 Stanley Ave, Frostproof, FL 33843 | 2/2 | 1,187 SF | Closed Feb 17, 2026 | $158,000 | $133/SF | 0.34 mi – Good tight 2/2 block comp with central air and metal roof. Smaller than subject, but very relevant.
  2. 340 Walter Ave, Frostproof, FL 33843 | 2/2 | 1,020 SF | Closed Feb 27, 2026 | $155,000 | $152/SF | 0.30 mi – Good nearby 2/2 block comp with metal roof and central air. Smaller than subject, so it supports a subject value above the mid-$150s after renovation.
  3. 508 Stanley Ave, Frostproof, FL 33843 | 2/1 | 1,355 SF | Closed Jun 11, 2026 | $146,000 | $108/SF | 0.06 mi – Closest and very recent. Similar size but only 1 bath, so it is useful lower support rather than the ceiling.
  4. 202 Central Ave, Frostproof, FL 33843 | 2/1 | 1,040 SF | Closed Mar 30, 2026 | $170,000 | $163/SF | 0.54 mi – Updated block home with fresh paint and LVP. Smaller and only 1 bath, but the updated condition makes it useful support for finished value.

ARV & Rental Analysis

  • Estimated fully rehabbed ARV: $190,000 to $200,000 +/-
  • Estimated rent: $1,450 to $1,650/month +/-

Details

  • Price: $125,000
  • Property Size (Sq. ft.): 1,247
  • Land Area (Acres): 0.21
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Garage: 1 Car Carport
  • Year Built: 1973
  • Property Type: Single Family
  • Property Status: Cash Flow, Flip
  • County: Polk
  • Estimated ARV: $190,000 to $200,000 +/-
  • Estimated Rehab Cost: Moderate
  • Estimated Monthly Rent: $1,450 to $1,650/month +/-
  • Yearly Taxes: $1,629
  • HOA Monthly Cost: $0
  • Construction Type: Block
  • Pool: None
  • City Frostproof
  • State Florida

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