House flips in Leesburg, FL 34788

Homes in ZIP 34788 (Lake County) bought and resold within 24 months since 2023.

48flips since 2023
$84,650median gross spread
259 daysmedian days held
40%median gain

The ZIP 34788 flip market at a glance

Since January 2023, county public records show 48 house flips in ZIP 34788: homes bought and resold within 24 months at a meaningful markup. The typical flip was bought for $222,500 and resold for $293,000 after 259 days, a median gross spread of $84,650 (average $89,706). Flip volume fell 53% from 15 resales in 2024 to 7 in 2025, while the median spread moved from $52,000 to $115,600. 27% of flips here resold within six months. The property mix is 88% single-family, 12% condo. The largest gross spread on record here is $300,000, bought at $500,000 and resold at $800,000.

Flips by year

Flips by year
Resale yearFlipsMedian buyMedian resaleMedian spreadMedian days held
202319$225,000$273,500$84,800394
202415$248,000$296,000$52,000254
20257$174,400$290,000$115,600186
2026 (to Oct 29, 2026)7$230,000$320,000$81,700133

Streets with the most flips

Street names only; we never publish owner names.

Irongate Dr · 2Ocklawaha Dr · 2Joanies Run · 2Pala Verda Ave · 2Bonnie View Ct · 2

All flips in 34788

Recent home flips
33441 Irongate DrLeesburg, 34788 · Single-family · 1,364 sq ftDec 18, 2025$220,000Jul 31, 2026$305,000225$85,000+39%
10337 Church Hammock RdLeesburg, 34788 · Single-family · 1,725 sq ftJan 14, 2026$308,100May 27, 2026$380,000133$71,900+23%
Forest AveLeesburg, 34788 · Single-family · 1,782 sq ftFeb 27, 2026$214,000Apr 22, 2026$337,10054$123,100+58%
9910 Canterbury DrLeesburg, 34788 · Single-family · 1,860 sq ftOct 8, 2025$250,000Apr 22, 2026$404,000196$154,000+62%
34826 Learn RdLeesburg, 34788 · Single-family · 972 sq ftApr 14, 2025$280,000Apr 6, 2026$320,000357$40,000+14%
12150 Virginia DrLeesburg, 34788 · Single-family · 1,611 sq ftNov 25, 2025$230,000Mar 11, 2026$280,000106$50,000+22%
11315 Lake DrLeesburg, 34788 · Single-family · 1,298 sq ftNov 12, 2025$157,000Jan 15, 2026$238,70064$81,700+52%
33202 Fairway RdLeesburg, 34788 · Single-family · 2,065 sq ftMay 6, 2025$215,000Oct 27, 2025$385,000174$170,000+79%
11540 Harbor RdLeesburg, 34788 · Single-family · 1,304 sq ftMar 10, 2025$154,000Aug 25, 2025$305,000168$151,000+98%
10012 Silver Bluff DrLeesburg, 34788 · Single-family · 2,008 sq ftJun 19, 2024$150,000Jul 21, 2025$435,000397$285,000+190%
11624 Ocklawaha DrLeesburg, 34788 · Single-family · 1,197 sq ftDec 18, 2024$213,000Jun 18, 2025$285,000182$72,000+34%
11847 Ocklawaha DrLeesburg, 34788 · Single-family · 1,347 sq ftNov 15, 2024$196,500May 20, 2025$281,000186$84,500+43%
10238 Summit Square DrLeesburg, 34788 · Single-family · 1,608 sq ftAug 2, 2024$174,400Apr 7, 2025$290,000248$115,600+66%
11136 Northern AveLeesburg, 34788 · Single-family · 920 sq ftFeb 14, 2024$65,000Mar 7, 2025$105,000387$40,000+62%
34004 Sky Blossom CirLeesburg, 34788 · Single-family · 2,094 sq ftFeb 27, 2023$359,400Nov 18, 2024$410,000630$50,600+14%
11140 Springdale AveLeesburg, 34788 · Single-family · 624 sq ftApr 12, 2024$68,500Oct 21, 2024$162,000192$93,500+136%
810 Loch Lomond CtLeesburg, 34788 · Condo · 1,385 sq ftOct 24, 2023$195,000Sep 20, 2024$242,000332$47,000+24%
1515 New Abbey AveLeesburg, 34788 · Condo · 1,282 sq ftDec 15, 2022$230,000Sep 6, 2024$255,000631$25,000+11%
11322 Layton StLeesburg, 34788 · Single-family · 2,145 sq ftDec 13, 2023$270,200Aug 23, 2024$365,000254$94,800+35%
10821 Treadway School RdLeesburg, 34788 · Single-family · 1,118 sq ftJun 5, 2023$250,000Jul 26, 2024$275,400417$25,400+10%
32536 Burrell AveLeesburg, 34788 · Single-family · 1,512 sq ftMay 2, 2024$85,000Jul 25, 2024$230,00084$145,000+171%
33541 Tarlton DrLeesburg, 34788 · Single-family · 1,916 sq ftFeb 2, 2024$290,000Jul 23, 2024$408,500172$118,500+41%
10308 Joanies RunLeesburg, 34788 · Single-family · 1,799 sq ftNov 8, 2023$248,000Jul 18, 2024$370,000253$122,000+49%
10400 N Em En El Grove RdLeesburg, 34788 · Single-family · 1,695 sq ftJul 27, 2023$350,000Jul 8, 2024$467,000347$117,000+33%
33202 Irongate DrLeesburg, 34788 · Single-family · 1,868 sq ftNov 15, 2023$395,000Jun 27, 2024$440,000225$45,000+11%
Showing 25 of 48 flips

Frequently asked questions

How many homes are flipped in ZIP code 34788?

Suncoast Flips found 48 home flips in ZIP code 34788 with a resale between January 1, 2023 and Oct 29, 2026, including 7 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 34788?

The median gross spread (resale price minus purchase price) is $84,650; the average is $89,706. The median gain is 40% 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 34788?

The median time between purchase and resale is 259 days, or about 9 months.

What do flipped homes in ZIP code 34788 sell for?

The median flip was bought for $222,500 and resold for $293,000.

Which county and city is ZIP 34788 in?

ZIP 34788 is in Lake County, mostly Leesburg. All Lake County flips · All Leesburg flips.

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