House flips in Lake Wales, FL 33859

Homes in ZIP 33859 (Polk County) bought and resold within 24 months since 2023.

33flips since 2023
$84,900median gross spread
276 daysmedian days held
46%median gain

The ZIP 33859 flip market at a glance

Since January 2023, county public records show 33 house flips in ZIP 33859: homes bought and resold within 24 months at a meaningful markup. The typical flip was bought for $200,000 and resold for $270,000 after 276 days, a median gross spread of $84,900 (average $87,079). Flip volume fell 30% from 10 resales in 2024 to 7 in 2025, while the median spread moved from $97,750 to $84,900. 24% of flips here resold within six months. The property mix is 91% single-family, 6% condo, 3% multi-family (2–9 units). The largest gross spread on record here is $240,100, bought at $164,900 and resold at $405,000.

Flips by year

Flips by year
Resale yearFlipsMedian buyMedian resaleMedian spreadMedian days held
202314$163,750$247,500$60,750417
202410$154,700$249,000$97,750216
20257$300,000$360,000$84,900276
2026 (to Oct 21, 2026)2$185,000$298,500$113,500311

Streets with the most flips

Street names only; we never publish owner names.

Jackson St · 3Easton St · 2Dunmore Dr · 2Ashton Palms Dr · 2Lake Suzanne Dr · 2Pierce St · 2Turnberry Ln · 2

All flips in 33859

Recent home flips
239 Tyler StLake Wales, 33859 · Single-family · 720 sq ftMay 6, 2025$120,000Apr 20, 2026$217,000349$97,000+81%
736 West Lake Wales Rd SLake Wales, 33859 · Single-family · 2,198 sq ftJul 9, 2025$250,000Apr 8, 2026$380,000273$130,000+52%
4917 Easton StLake Wales, 33859 · Single-family · 1,758 sq ftDec 20, 2024$128,500Aug 28, 2025$250,000251$121,500+95%
4727 Wales StLake Wales, 33859 · Single-family · 1,450 sq ftJan 23, 2024$270,000Aug 26, 2025$319,000581$49,000+18%
4148 Dunmore DrLake Wales, 33859 · Single-family · 1,981 sq ftSep 3, 2024$385,000Jun 6, 2025$469,900276$84,900+22%
3010 Ashton Palms DrLake Wales, 33859 · Single-family · 2,351 sq ftMay 26, 2023$430,000Apr 8, 2025$555,000683$125,000+29%
4065 Dunmore DrLake Wales, 33859 · Single-family · 1,833 sq ftJun 29, 2023$425,700Mar 28, 2025$499,900638$74,200+17%
247 Jefferson StLake Wales, 33859 · Single-family · 1,128 sq ftAug 8, 2024$125,000Mar 3, 2025$220,000207$95,000+76%
540 Lake Suzanne DrLake Wales, 33859 · Single-family · 1,525 sq ftAug 27, 2024$300,000Jan 10, 2025$360,000136$60,000+20%
4924 Roosevelt AveLake Wales, 33859 · Single-family · 806 sq ftJan 30, 2024$80,000Dec 30, 2024$204,000335$124,000+155%
144 Frodens Rd NLake Wales, 33859 · Multi-family (2–9 units) · 770 sq ftJul 10, 2024$98,000Sep 29, 2024$133,70081$35,700+36%
4980 Washington StLake Wales, 33859 · Single-family · 1,400 sq ftFeb 1, 2024$144,500Sep 19, 2024$230,000231$85,500+59%
246 Genesis Pointe DrLake Wales, 33859 · Condo · 958 sq ftJul 7, 2023$50,000Jun 27, 2024$160,000356$110,000+220%
116 Pierce StLake Wales, 33859 · Single-family · 1,035 sq ftFeb 21, 2024$92,500Jun 11, 2024$209,000111$116,500+126%
2205 Ashton Palms DrLake Wales, 33859 · Condo · 1,509 sq ftApr 19, 2023$240,000Apr 11, 2024$275,900358$35,900+15%
3012 Troon LnLake Wales, 33859 · Single-family · 1,503 sq ftSep 13, 2023$267,000Apr 1, 2024$299,000201$32,000+12%
161 Dinner Lake LoopLake Wales, 33859 · Single-family · 1,715 sq ftDec 29, 2023$164,900Mar 8, 2024$405,00070$240,100+146%
4851 Fleetwood StLake Wales, 33859 · Single-family · 1,334 sq ftDec 7, 2023$220,000Feb 15, 2024$268,00070$48,000+22%
4139 Muirfield LoopLake Wales, 33859 · Single-family · 1,875 sq ftJan 3, 2023$202,500Jan 31, 2024$320,000393$117,500+58%
4735 Easton StLake Wales, 33859 · Single-family · 1,786 sq ftMay 17, 2022$85,000Dec 19, 2023$270,000581$185,000+218%
316 Jackson StLake Wales, 33859 · Single-family · 1,188 sq ftFeb 3, 2023$127,500Oct 30, 2023$217,000269$89,500+70%
352 Lake Suzanne DrLake Wales, 33859 · Single-family · 1,497 sq ftJul 18, 2022$241,500Sep 26, 2023$280,000435$38,500+16%
4340 Ashton Club DrLake Wales, 33859 · Single-family · 2,236 sq ftNov 30, 2021$450,000Aug 15, 2023$500,000623$50,000+11%
507 W Lake Wales Rd NLake Wales, 33859 · Single-family · 1,416 sq ftOct 13, 2021$245,000Jul 28, 2023$280,000653$35,000+14%
215 Dinner Lake PlLake Wales, 33859 · Single-family · 1,300 sq ftAug 13, 2021$217,000Jun 30, 2023$280,000686$63,000+29%
Showing 25 of 33 flips

Frequently asked questions

How many homes are flipped in ZIP code 33859?

Suncoast Flips found 33 home flips in ZIP code 33859 with a resale between January 1, 2023 and Oct 21, 2026, including 2 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 33859?

The median gross spread (resale price minus purchase price) is $84,900; the average is $87,079. The median gain is 46% 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 33859?

The median time between purchase and resale is 276 days, or about 9 months.

What do flipped homes in ZIP code 33859 sell for?

The median flip was bought for $200,000 and resold for $270,000.

Which county and city is ZIP 33859 in?

ZIP 33859 is in Polk County, mostly Lake Wales. All Polk County flips · All Lake Wales flips.

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