Lake Wales house flips
Homes in Lake Wales, Florida (Polk County) bought and resold within 24 months, from public records.
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The Lake Wales, FL flip market at a glance
Since January 2023, county public records show 152 house flips in Lake Wales, FL: homes bought and resold within 24 months at a meaningful markup. The typical flip was bought for $155,000 and resold for $241,000 after 252 days, a median gross spread of $90,500 (average $97,588). Flip volume fell 22% from 40 resales in 2024 to 31 in 2025, while the median spread moved from $112,500 to $84,600. 32% of flips here resold within six months. The property mix is 91% single-family, 5% condo, 4% multi-family (2–9 units). The largest gross spread on record here is $550,000, bought at $2,450,000 and resold at $3,000,000.
Flips by year
| Resale year | Flips | Median buy | Median resale | Median spread | Median days held |
|---|---|---|---|---|---|
| 2023 | 60 | $143,500 | $243,150 | $89,750 | 402 |
| 2024 | 40 | $167,450 | $264,000 | $112,500 | 218 |
| 2025 | 31 | $153,000 | $229,000 | $84,600 | 251 |
| 2026 (to Oct 21, 2026) | 21 | $160,000 | $230,000 | $98,000 | 170 |
Streets with the most flips
Street names only; we never publish owner names.
Latest flips in Lake Wales
| 201 Dr J A Wiltshire Ave WLake Wales, 33853 · Single-family · 1,232 sq ft | Oct 17, 2025 | $70,000 | Oct 14, 2026 | $230,000 | 362 | $160,000 | +229% |
| 1100 Golden Bough RdLake Wales, 33898 · Single-family · 1,440 sq ft | Apr 30, 2026 | $226,500 | Oct 1, 2026 | $400,000 | 154 | $173,500 | +77% |
| 838 Blackwood DrLake Wales, 33898 · Single-family · 1,680 sq ft | Jul 30, 2026 | $180,000 | Sep 10, 2026 | $230,000 | 42 | $50,000 | +28% |
| 134 E St Unit 1,2Lake Wales, 33853 · Multi-family (2–9 units) · 1,080 sq ft | May 23, 2025 | $100,000 | Aug 8, 2026 | $198,000 | 442 | $98,000 | +98% |
| 340 Weaver AveLake Wales, 33853 · Single-family · 1,044 sq ft | Mar 20, 2026 | $90,000 | Jul 28, 2026 | $233,000 | 130 | $143,000 | +159% |
| 317 C StLake Wales, 33853 · Single-family · 1,050 sq ft | Nov 12, 2025 | $135,000 | Jul 24, 2026 | $179,400 | 254 | $44,400 | +33% |
| 1250 Saint Anne Shrine RdLake Wales, 33898 · Single-family · 1,824 sq ft | Mar 17, 2026 | $325,000 | Jul 24, 2026 | $463,500 | 129 | $138,500 | +43% |
| 1306 Morningside DrLake Wales, 33853 · Single-family · 1,236 sq ft | Feb 11, 2026 | $163,000 | Jul 21, 2026 | $191,000 | 160 | $28,000 | +17% |
| 1409 Covington CtLake Wales, 33853 · Single-family · 1,974 sq ft | Dec 12, 2025 | $225,000 | Jul 6, 2026 | $307,500 | 206 | $82,500 | +37% |
| 311 Osceola Ave ELake Wales, 33853 · Single-family · 1,148 sq ft | Feb 7, 2025 | $128,000 | Jun 18, 2026 | $210,000 | 496 | $82,000 | +64% |
| 1429 Covington CtLake Wales, 33853 · Single-family · 1,427 sq ft | Feb 4, 2026 | $185,000 | Jun 11, 2026 | $276,000 | 127 | $91,000 | +49% |
| 811 Carlton AveLake Wales, 33853 · Single-family · 1,585 sq ft | May 29, 2024 | $297,000 | May 5, 2026 | $340,000 | 706 | $43,000 | +14% |
| 323 Dorsett AveLake Wales, 33853 · Single-family · 1,092 sq ft | Nov 5, 2025 | $80,000 | Apr 24, 2026 | $215,000 | 170 | $135,000 | +169% |
| 239 Tyler StLake Wales, 33859 · Single-family · 720 sq ft | May 6, 2025 | $120,000 | Apr 20, 2026 | $217,000 | 349 | $97,000 | +81% |
| 736 West Lake Wales Rd SLake Wales, 33859 · Single-family · 2,198 sq ft | Jul 9, 2025 | $250,000 | Apr 8, 2026 | $380,000 | 273 | $130,000 | +52% |
| 828 Saint Anne Shrine RdLake Wales, 33898 · Single-family · 2,982 sq ft | May 7, 2025 | $225,000 | Mar 19, 2026 | $575,000 | 316 | $350,000 | +156% |
| 230 D StLake Wales, 33853 · Single-family · 1,183 sq ft | Sep 26, 2025 | $81,500 | Mar 11, 2026 | $194,000 | 166 | $112,500 | +138% |
| 1429 Covington CtLake Wales, 33853 · Single-family · 1,427 sq ft | Dec 15, 2025 | $160,000 | Feb 4, 2026 | $185,000 | 51 | $25,000 | +16% |
| 1020 Scenic Hwy SLake Wales, 33853 · Single-family · 1,480 sq ft | Dec 15, 2025 | $160,000 | Feb 4, 2026 | $210,000 | 51 | $50,000 | +31% |
| 220 Houser RdLake Wales, 33898 · Single-family · 1,176 sq ft | Aug 26, 2025 | $80,000 | Jan 23, 2026 | $229,000 | 150 | $149,000 | +186% |
| 516 Starr Ridge DrLake Wales, 33898 · Single-family · 1,309 sq ft | Jun 3, 2025 | $250,000 | Jan 16, 2026 | $365,000 | 227 | $115,000 | +46% |
| 1009 Highview CtLake Wales, 33853 · Single-family · 1,269 sq ft | Aug 8, 2025 | $169,900 | Dec 16, 2025 | $258,000 | 130 | $88,100 | +52% |
| 724 Hillside AveLake Wales, 33853 · Single-family · 1,536 sq ft | Dec 21, 2023 | $105,000 | Nov 26, 2025 | $298,000 | 706 | $193,000 | +184% |
| 603 Carver DrLake Wales, 33853 · Single-family · 1,050 sq ft | Apr 24, 2025 | $112,000 | Nov 7, 2025 | $197,500 | 197 | $85,500 | +76% |
| 3521 Silver Oak CtLake Wales, 33898 · Single-family · 2,544 sq ft | Apr 25, 2025 | $216,000 | Oct 29, 2025 | $410,000 | 187 | $194,000 | +90% |
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Frequently asked questions
How many homes are flipped in Lake Wales, FL?
Suncoast Flips found 152 home flips in Lake Wales, FL with a resale between January 1, 2023 and Oct 21, 2026, including 26 in the last 12 months of recorded sales. A flip here means the same home sold twice within 24 months, both as qualified market sales, with the resale at least 10% and $20,000 higher.
What is the average house flip profit in Lake Wales, FL?
The median gross spread (resale price minus purchase price) is $90,500; the average is $97,588. The median gain is 57% of the purchase price. Gross spread is before rehab, holding, financing and closing costs, so actual profit is lower.
How long do flippers hold homes in Lake Wales, FL?
The median time between purchase and resale is 252 days, or about 8 months.
What do flipped homes in Lake Wales, FL sell for?
The median flip was bought for $155,000 and resold for $241,000.
Which ZIP code in Lake Wales has the most flips?
ZIP 33853 has the most, with 73 flips since 2023. See flips in 33853.
How does Lake Wales compare with the rest of Polk County?
Lake Wales accounts for 5% of Polk County flips. Its median gross spread is $90,500 versus $98,000 countywide. See Polk County flips.
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