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1549 DREXEL AVE NE

House Active With Contract
$400,000

BTC: 6.13685180

ETH: 210.23420090

+$50K (2026/07/04)
35 days
2 bds
2 ba
1,120 sqft

Overview

Under contract-accepting backup offers. This architecturally significant residence offers a rare blend of iconic mid-century design and historical provenance. One of only a few remaining original 1957 Craney Spec homes, the home was designed by celebrated architect Gene Leedy. Regarded as a legend and an icon, Leedy’s importance in history is prominent as a pioneering architect of the Sarasota School of Architecture movement, famous for integrating mid-century modernism with Florida’s climate. This historic residence showcases Leedy’s signature aesthetic, seamlessly merging natural surroundings with interior and exterior living spaces. Meticulously maintained landscaping and fig vines accent the perimeter walls, adding to the property's quintessential style. Clean lines and a seamless connection between interior and exterior spaces define the home’s architectural character. Floor-to-ceiling sliding glass walls, Ocala block, structural beams, and rich mahogany paneling demonstrate Leedy’s mastery of space, proportion, and detail as well as his talent for displaying the beauty of raw materials rather than covering them up. Drexel Avenue remains a celebrated example of Leedy's Florida climate-responsive Mid-Century Modern homes. In 1989, the home was remodeled by Leedy himself. The redesign improved functionality by extending the primary bedroom and primary bathroom walls, adding depth while creating additional storage and a more versatile living space. Other interior highlights include rich tongue-and-groove wood ceilings, a floating gas fireplace, built-in shelving, and wide unobstructed views of the peaceful landscape. The kitchen and both bathrooms have been gutted, providing a blank canvas for a personalized restoration, allowing you to blend historic character with modern convenience. The dining area overlooks the courtyard, creating a stronger connection to the outdoors. The guest bedroom can also serve as an office, with a sliding glass wall that opens to the backyard. Other features include interior and exterior post-and-beam construction, an enclosed garage, original wrought-iron front gate, outdoor shower, tankless water heater, ample storage, track lighting throughout, central air conditioning, lush gardens, a relaxing courtyard for enjoying Florida's cooler days and evenings, and an eight-foot perimeter wall with ambient downlighting throughout. Gene Leedy chose to bring his modernist vision to Winter Haven, a city uniquely shaped by his work. Winter Haven is situated between Orlando and Tampa and surrounded by lakes and year-round pleasant weather. The Lake Elbert Trail is just two blocks away, and downtown is an easy bike ride or enjoyable walk. Polk State College and other everyday conveniences are only minutes from Drexel Avenue. One or more photos have been virtually staged. UPDATE ON PRICE!!!! The home’s remodel (after interior cosmetic demolition) has recently begun, with the goal of preserving the home’s key historic mid-century elements. Key areas of improvement are: New electric wiring throughout the home; all new PEX plumbing to replace original galvanized plumbing; non-tempered sliding glass door glass is being replaced with modern tempered safety glass and new sliding glass door track glides--so the walls of glass slide easily. The original frames from the sliding glass doors will be preserved, thus maintaining the home’s historic integrity. A price adjustment has been made accordingly for these items.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
1957
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$357
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$200,000
$139K – $252K
Confidence Low
List vs. estimate
$200K above estimate
List $400,000 · +100.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$357
+101.9% vs. city median $176
Based on
19 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,027
2025
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Tankless Water Heater

    Other interior features

    • Skylight(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Exterior Features: Courtyard / Irrigation System / Outdoor Shower / Sliding Doors

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 262822587200000420

    • Zoning: R-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Natural Gas Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,027

  • Source details

    • MLS ID: S5151595

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Fireplace Features: Gas

    • Laundry Features: Gas Dryer Hookup / Washer Hookup

    • Lot Features: In County / Landscaped / Level

    • Patio And Porch Features: Patio

    • Direction Faces: South

    • Other Structures: Storage

    • Architectural Style: Mid-Century Modern

    • Fireplace: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1120

    • Water Source: Public

    • Subdivision Name: LAKE ELBERT HEIGHTS UNIT 01 02 REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 MYERS REALTY