Light Rehab on Block Kissimmee 3/2

This 1959 single-story CBS home offers 3 bedrooms, 1 bathroom and 1,369 sq ft of living area on an 8,276 sq ft corner lot. The property is on public water and sewer, no HOA, a screened front porch, fenced yard, off-street parking, interior laundry and utility space, and detached storage sheds. The interior is functional but dated and needs a cosmetic renovation. The large utility and laundry area may provide an opportunity to add a permitted second bathroom while preserving the three-bedroom layout.

Repairs Needed

• Renovate the kitchen with new cabinetry, countertops and appliances
• Update the existing bathroom
• Add a permitted second bathroom in the utility area
• Preserve functional laundry and storage space
• Replace carpet and update flooring throughout
• Complete interior and exterior paint
• Replace dated lighting, ceiling fans, doors, trim and fixtures
• Finish the utility and laundry area
• Inspect the roof, HVAC, electrical and plumbing systems
• Complete exterior cleanup, landscaping and shed repairs as needed

Comparable Sales

1. 923 S Park Ct – 3/1, 1,391 sq ft, sold May 2026 for $260,000. Nearly identical living area with tile flooring, a fenced yard, storage shed and 2021 roof. Maintained but not renovated to strong retail condition, making it the best one-bath size baseline.
2. 2114 Catherine St – 3/1, 1,120 sq ft, sold May 2026 for $269,900. Fully renovated with a new roof, AC, electrical panel, water lines, kitchen, bathroom, flooring, doors and paint, but considerably smaller than the subject.
3. 1907 Brown St – 3/1, 1,044 sq ft, sold April 2026 for $303,000. Renovated with a 2024 roof, tankless water heater, fenced yard, shed and carport. Much smaller, but useful upper-range evidence for a renovated one-bath home.
4. 2812 W Orange Blvd – 3/2, 1,454 sq ft, sold March 2026 for $306,000. Built in 1950 with nearly identical living area and a larger lot. Well maintained with a newer roof and two carports, but retained an older interior, making it lower-range two-bath support.
5. 1221 N Thacker Ave – 3/2, 1,301 sq ft, sold February 2026 for $318,250. Built in 1961 and updated with a 2021 roof, 2019 HVAC, replacement windows, flooring and paint. Its larger lot is superior, but its age and size are closely comparable.
6. 2329 W Doris St – 3/2, 1,440 sq ft, sold April 2026 for $320,000. Fully renovated with a new roof, AC, ductwork, plumbing, electrical fixtures, kitchen, bathrooms and flooring. Its one-car garage is superior, making this the strongest upper ARV comparison.

ARV & Rental Analysis

Estimated ARV as a renovated 3/1: $290,000 to $300,000 +/-

Estimated ARV as a permitted 3/2: $310,000 to $320,000 +/-

Estimated Rent as a renovated 3/1: $1,850 to $2,000 per month +/-

Estimated Rent as a renovated 3/2: $2,050 to $2,200 per month +/-