520 S Broadway Ave, Bartow, FL, 33830
About This Home
Renovated 5-Unit Multifamily | Value-Add Expansion | Price Increasing Rare opportunity to acquire a fully renovated, income-producing 5-unit asset in the core of Bartow with immediate cash flow and built-in upside. Originally built in 1910 and completely overhauled (2022–2024) with permits, this property is now in the final phase of cosmetic upgrades and exterior enhancements for curb appeal. As improvements are completed, pricing will continue to increase. Current Configuration • (3) 2BR / 1BA units • (2) 1BR / 1BA units Value-Add Upside • Potential to add (2) additional studio units • Lease-up + rent optimization in a strong workforce market • Stabilization play with expansion angle Capital Improvements (Turnkey Systems) • New Roof (2022) • New Electrical (Permitted – 2022) • New HVAC (2022) • New Vinyl Siding (2022) • Full Interior Renovation – All 5 Units (2023) • Floors, walls, ceilings, fixtures (complete rebuild) • Rear Steps + Balcony Rebuilt • (4) New Water Heaters + (1) Tankless (Studio) • WiFi-Enabled Thermostats Location Positioned just off Main Street in downtown Bartow, within close proximity to: • Government & municipal offices • Retail, dining, and services • Major Polk County commuter corridors This is a known, stable rental pocket with consistent demand. Investment Angle • Immediate income + upside • Expansion potential = forced appreciation • Fully updated systems = reduced CapEx exposure • Ideal for investor seeking yield + growth Important • Property is being actively improved • Pricing will adjust upward as work is completed • Showings by appointment only • Proof of funds or pre-approval required This is not a distressed sale—this is a controlled value-add opportunity being improved in real time. Buy now at today’s basis or pay more once stabilized.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Roof: Composition
Type & Style
- Home type: MultiFamily
Interior
Appliances
- Appliances included: Range / Oven,Refrigerator
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Tile,Carpet,Laminate
- Fireplace: Yes
Interior Area
- Total interior livable area: 3,767 sqft
Property
Details
- Parcel number: 253008000000033170
Features
- Exterior features: Vinyl,Wood
- Has view: Yes
- View description: City
Lot
- Lot size: 7,623 sqft
Parking
- Total spaces: 5
- Parking features: Off-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Hurricane
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $534 | $6,408 |
| Property Taxes | $364 | $4,368 |
| Electricity | $379 | $4,549 |
| Total | $4,305 | $51,660 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-06 | Listed for sale | $599,000 |
| 2021-03-24 | Listing removed | -- |
| 2018-01-15 | Listing removed | $190,000 |
| 2017-04-12 | Listed for sale | $190,000 |
| 2017-02-28 | Listing removed | $235,000 |
| 2016-11-30 | Price change | $235,000 |
| 2016-11-09 | Listed for sale | $245,000 |
| 2001-06-12 | Sold | $65,000 |
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