House flips in Lake Wales, FL 33853

Homes in ZIP 33853 (Polk County) bought and resold within 24 months since 2023.

73flips since 2023
$89,700median gross spread
264 daysmedian days held
64%median gain

The ZIP 33853 flip market at a glance

Since January 2023, county public records show 73 house flips in ZIP 33853: homes bought and resold within 24 months at a meaningful markup. The typical flip was bought for $142,000 and resold for $230,000 after 264 days, a median gross spread of $89,700 (average $98,708). Flip volume fell 0% from 17 resales in 2024 to 17 in 2025, while the median spread moved from $110,000 to $76,000. 29% of flips here resold within six months. The property mix is 93% single-family, 7% 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

Flips by year
Resale yearFlipsMedian buyMedian resaleMedian spreadMedian days held
202326$135,000$246,000$103,550366
202417$146,200$250,000$110,000264
202517$145,400$224,700$76,000282
2026 (to Oct 21, 2026)13$135,000$210,000$82,500170

Streets with the most flips

Street names only; we never publish owner names.

Covington Ct · 3Osceola Ave E · 3Carlton Ave · 3D St · 3Scenic Hwy S · 3Dr J A Wiltshire Ave W · 2Weaver Ave · 2Dorsett Ave · 2

All flips in 33853

Recent home flips
201 Dr J A Wiltshire Ave WLake Wales, 33853 · Single-family · 1,232 sq ftOct 17, 2025$70,000Oct 14, 2026$230,000362$160,000+229%
134 E St Unit 1,2Lake Wales, 33853 · Multi-family (2–9 units) · 1,080 sq ftMay 23, 2025$100,000Aug 8, 2026$198,000442$98,000+98%
340 Weaver AveLake Wales, 33853 · Single-family · 1,044 sq ftMar 20, 2026$90,000Jul 28, 2026$233,000130$143,000+159%
317 C StLake Wales, 33853 · Single-family · 1,050 sq ftNov 12, 2025$135,000Jul 24, 2026$179,400254$44,400+33%
1306 Morningside DrLake Wales, 33853 · Single-family · 1,236 sq ftFeb 11, 2026$163,000Jul 21, 2026$191,000160$28,000+17%
1409 Covington CtLake Wales, 33853 · Single-family · 1,974 sq ftDec 12, 2025$225,000Jul 6, 2026$307,500206$82,500+37%
311 Osceola Ave ELake Wales, 33853 · Single-family · 1,148 sq ftFeb 7, 2025$128,000Jun 18, 2026$210,000496$82,000+64%
1429 Covington CtLake Wales, 33853 · Single-family · 1,427 sq ftFeb 4, 2026$185,000Jun 11, 2026$276,000127$91,000+49%
811 Carlton AveLake Wales, 33853 · Single-family · 1,585 sq ftMay 29, 2024$297,000May 5, 2026$340,000706$43,000+14%
323 Dorsett AveLake Wales, 33853 · Single-family · 1,092 sq ftNov 5, 2025$80,000Apr 24, 2026$215,000170$135,000+169%
230 D StLake Wales, 33853 · Single-family · 1,183 sq ftSep 26, 2025$81,500Mar 11, 2026$194,000166$112,500+138%
1429 Covington CtLake Wales, 33853 · Single-family · 1,427 sq ftDec 15, 2025$160,000Feb 4, 2026$185,00051$25,000+16%
1020 Scenic Hwy SLake Wales, 33853 · Single-family · 1,480 sq ftDec 15, 2025$160,000Feb 4, 2026$210,00051$50,000+31%
1009 Highview CtLake Wales, 33853 · Single-family · 1,269 sq ftAug 8, 2025$169,900Dec 16, 2025$258,000130$88,100+52%
724 Hillside AveLake Wales, 33853 · Single-family · 1,536 sq ftDec 21, 2023$105,000Nov 26, 2025$298,000706$193,000+184%
603 Carver DrLake Wales, 33853 · Single-family · 1,050 sq ftApr 24, 2025$112,000Nov 7, 2025$197,500197$85,500+76%
1222 Druid CirLake Wales, 33853 · Single-family · 1,180 sq ftMay 29, 2025$145,400Sep 8, 2025$230,000102$84,600+58%
1046 Roberta RdLake Wales, 33853 · Single-family · 1,738 sq ftOct 30, 2024$175,400Sep 2, 2025$285,000307$109,600+62%
1311 Bryn Mawr AveLake Wales, 33853 · Single-family · 982 sq ftMar 14, 2025$144,200Jul 24, 2025$190,000132$45,800+32%
642 Carver DrLake Wales, 33853 · Single-family · 1,050 sq ftJun 28, 2023$135,000Jun 16, 2025$224,700719$89,700+66%
1032 Tower BlvdLake Wales, 33853 · Single-family · 1,464 sq ftSep 13, 2023$153,000Jun 11, 2025$229,000637$76,000+50%
947 Lyon StLake Wales, 33853 · Single-family · 1,468 sq ftJun 13, 2024$225,500May 15, 2025$262,000336$36,500+16%
711 Curran StLake Wales, 33853 · Single-family · 1,472 sq ftJan 22, 2025$115,000May 14, 2025$165,000112$50,000+43%
627 Washington Ave Unit #1Lake Wales, 33853 · Multi-family (2–9 units) · 1,344 sq ftNov 27, 2023$200,000Mar 28, 2025$225,000487$25,000+12%
417 Seminole Ave ELake Wales, 33853 · Single-family · 1,897 sq ftFeb 5, 2024$180,000Mar 26, 2025$250,000415$70,000+39%
Showing 25 of 73 flips

Frequently asked questions

How many homes are flipped in ZIP code 33853?

Suncoast Flips found 73 home flips in ZIP code 33853 with a resale between January 1, 2023 and Oct 21, 2026, including 16 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 ZIP code 33853?

The median gross spread (resale price minus purchase price) is $89,700; the average is $98,708. The median gain is 64% 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 ZIP code 33853?

The median time between purchase and resale is 264 days, or about 9 months.

What do flipped homes in ZIP code 33853 sell for?

The median flip was bought for $142,000 and resold for $230,000.

Which county and city is ZIP 33853 in?

ZIP 33853 is in Polk County, mostly Lake Wales. All Polk County flips · All Lake Wales flips.

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