SFR in Lakeland – Full Rehab

  • $127,000
Mohawk Ave, Lakeland, FL 33815
  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 1.00
  • Bathroom
  • 1322
  • Full
  • Estimated Rehab Cost
  • $250,000 to $265,000 +/-
  • Estimated ARV
  • Polk
  • County

Overview

  • Single Family
  • Property Type
  • 3
  • Bedrooms
  • 1.00
  • Bathroom
  • 1322
  • Full
  • Estimated Rehab Cost
  • $250,000 to $265,000 +/-
  • Estimated ARV
  • Polk
  • County

Description

This 3-bedroom, 1-bath Lakeland home has 1,322 square feet, a brick facade on frame construction, a slab foundation, a covered carport, and a 6,588-square-foot lot in FEMA Flood Zone X. A shingle roof replacement was permitted in 2020. The property needs a full renovation, including mold remediation in the back bed room in the ceiling and full cosmetic rehab.

Estimated Repairs Needed

  • Damaged ceiling materials
  • Moisture remediation with damaged insulation and drywall replacement
  • Full kitchen and bathroom renovation
  • New flooring, interior paint, trim, doors, hardware, fixtures, and lighting throughout
  • Central HVAC replacement and removal of supplemental wall units
  • Electrical and plumbing repairs with fixture updates
  • Window repairs, soffit and fascia work, exterior finish repairs, yard cleanup, and landscaping

Comparable Sales

  1. 718 Strain Boulevard is 0.92 miles away and sold for $250,000 in May 2026. This fully updated 3/1 block home has 1,164 square feet, a 0.28-acre lot, no pool, and off-street parking without a garage. It is the closest room-count and age match; the subject is larger, while this sale has a much larger lot.
  2. 1149 Ruby Street is 0.66 miles away and sold for $262,500 in May 2026. This renovated 3/2 block home has 1,269 square feet, a 7,532-square-foot lot, no pool, and rear-driveway parking without a garage. Its second bathroom and 2016 construction make it superior, while the subject is slightly larger and has a covered carport.
  3. 1120 West Marjorie Street is 0.71 miles away and sold for $269,900 in June 2026. This fully renovated 3/2 home has 1,059 square feet, a 9,444-square-foot lot, no pool, and a 1-car carport. The subject is substantially larger, while this sale has a second bathroom, a larger lot, and newer roof, HVAC, plumbing, and electrical improvements.
  4. 1230 Kew Circle is 0.80 miles away and sold for $290,000 in August 2026. This fully remodeled 3/2 concrete home has 1,102 square feet, an 8,821-square-foot lot, no pool, and a 1-car carport. Its second bathroom, larger lot, metal roof, and higher finish level make it an upper-market sale, while the subject has 220 more square feet.

ARV & Rental Analysis

Estimated ARV: $250,000 to $265,000 +/-

Estimated Rent: $1,600 to $1,800 per month +/-

Details

  • Price: $127,000
  • Property Size (Sq. ft.): 1322
  • Land Area (Acres): 0.15
  • Bedrooms: 3
  • Bathroom: 1.00
  • Year Built: 1964
  • Property Type: Single Family
  • Property Status: Flip
  • County: Polk
  • Estimated ARV: $250,000 to $265,000 +/-
  • Estimated Rehab Cost: Full
  • Estimated Monthly Rent: $1,600 to $1,800 per month +/-
  • Yearly Taxes: $226
  • HOA Monthly Cost: $0
  • Construction Type: Frame
  • Pool: None
  • City Lakeland
  • State Florida

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