Value-Add Block 3/2 in Kissimmee

This vacant 3-bedroom, 2-bath concrete-block home has 962 square feet on a 6,359-square-foot lot. Permit-backed roof work completed in 2021 added a TPO roof-over and insulation, while the water heater dates to 2018. Tile flooring runs throughout the home, creating a practical starting point for updates to the kitchen, bathrooms, and interior finishes. The remaining work includes the quoted HVAC repair, rear patio-cover improvements, and yard cleanup. The central Kissimmee location keeps the property near shopping, employment centers, and major roads, supporting both resale and rental demand.

Repairs Needed

• HVAC repair, service the system, and evaluate the visible staining and dark discoloration near the air vent before repairing the affected finishes.
• Renovate the kitchen and both bathrooms, counters, fixtures, appliances, and lighting
• Flooring
• Patch and paint the interior, repair the ceiling and trim damage, remove exposed cabling and remaining contents, and update flooring where needed.
• Repair or remove the deteriorated rear patio cover, clear the overgrown yard and debris, and address the small above-ground pool and shed as needed.

Comparable Sales

1. 2628 Milton Ave – 0.31 miles away; 3/2, 1,080 square feet; sold June 2026 for $315,000; 9,235-square-foot lot; no pool; 1-car carport; fully renovated block home with a new roof and plywood, complete electrical rewire, new kitchen, updated bathrooms, flooring, and paint. It is 12% larger and has a larger lot and stronger system package than the subject.
2. 720 Park Ln – 0.42 miles away; 3/2, 1,107 square feet; sold January 2026 for $324,000; 9,278-square-foot lot; no pool; 1-car carport; fully renovated block-and-wood-siding home with a 2025 roof, new kitchen, flooring, appliances, and paint. It is 15% larger, newer, and superior in both lot size and finished condition.
3. 750 Park Ln – 0.45 miles away; 2/1, 1,064 square feet; sold June 2026 for $260,000; 9,148-square-foot lot; no pool; large carport; renovated block-and-wood-siding home with a metal roof, new kitchen, counters, and paint. Its missing third bedroom and second bathroom make it a useful lower-bound sale rather than a direct configuration match.

ARV & Rental Analysis

Estimated ARV: $295,000 to $310,000 +/-

Estimated Rent: $1,900 to $2,100 per month +/-