
353 PALO VERDE DRIVE, LEESBURG, FL, 34748
Active170 days on marketListed Feb 24, 2026MLS #G5108703
About this home
353 PALO VERDE DRIVE
Charming 2-bedroom, 2-bath home in the desirable Palo Verde area offering great curb appeal and excellent potential. Whether you’re looking for a winter retreat, an affordable full-time residence, or an investment opportunity, this home checks the boxes. A spacious 12’ x 38’ carport and 11’ x 49’ concrete slab provide ample parking and outdoor space. A wheelchair-accessible ramp leads into the inviting Florida room, creating a welcoming entry and additional living area. The exterior features low-maintenance vinyl siding, awnings, and a screen-enclosed back porch, perfect for enjoying Florida’s year-round sunshine. Major improvements include a 2008 single-ply roof-over, 3-ton HVAC system (2025), updated main electrical panel (2001), and 30-gallon water heater (1991). Inside, the home offers a comfortable layout with ceiling fans and a mix of laminate, linoleum, carpet, and tile flooring. The dining area features built-in cabinetry, and the fully equipped kitchen includes Formica countertops and generous cabinet space. The spacious primary suite offers a walk-in closet and private bath with walk-in shower. The guest bathroom also provides convenient access to a walk-in shower. Both bedrooms include emergency exit doors for added safety. While the home would benefit from some cosmetic updates and TLC, it presents a fantastic opportunity to customize to your taste and add value. This property is ideal for buyers seeking affordability, flexibility, and potential in a well-established community...........Hawthorne at Leesburg is an active, resident owned, 55+ cooperative, waterfront, gated community, with beautifully landscaped grounds, lakes with illuminated fountains and a relaxing and comfortable gazebo. The affordable monthly maintenance fee of $397 includes water, sewer, lawn mowing, private emergency services and storage space for recreational vehicles, boats, trailers and much more! The beautiful clubhouse is complete with a full-time program coordinator, more than 100 different activities and seating for 550. It has a hospitality lounge, card rooms, craft rooms, billiard room, fitness center, library, fine arts room and many more. There is excellent fishing, outdoor geo-thermally heated pool and two enclosed therapeutic pools. Hawthorne boasts a private marina monitored by an electronic security system with over 120 boat slips and access to the Harris Chain of Lakes and beyond.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,104
Sqft
0.17 ac
Lot size
1975
Year built
One
Levels
$81
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,222 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,222/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−21.7%
$/sqft vs HAWTHORNE AT LEESBURG A COOP
$81 vs $104
Days on market
170 vs 62 typical
Where $81/sqft sits among the 57 homes for sale in HAWTHORNE AT LEESBURG A COOP
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Leesburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Leesburg. See the full Leesburg guide →
LEESBURG 34748 — neighborhood snapshot
Population
45,960
Median age
60.4
Median income
$53,768
Median home value
$226,200
Avg household
2.14
Households w/ children
3,516
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Leesburg market
$269K → $290K
Leesburg median sold, yr/yr
96.1%
Sale-to-list ratio (12 mo)
25 of 57
HAWTHORNE AT LEESBURG A COOP have cut their price
Median sold price, Leesburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 68% below the LEESBURG 34748 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 353 PALO VERDE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$153,000
111 JACARANDA DRIVE · same community
2 bd · 2 ba · 1,104 sqft · $139/sqft · 69 DOM
Sold · Aug ’25$102,000
141 HIBISCUS WAY · same community
2 bd · 2 ba · 1,134 sqft · $90/sqft · 85 DOM
Sold · Oct ’25$103,000
141 ASPEN CIRCLE · same community
2 bd · 2 ba · 1,060 sqft · $97/sqft · 145 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 353 PALO VERDE DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 353 PALO VERDE DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
353 PALO VERDE DRIVE FAQs
What would the monthly payment be for 353 PALO VERDE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,222/mo — principal and interest, the actual property-tax bill, the $397/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 353 PALO VERDE DRIVE?+
The association fee works out to $397 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 353 PALO VERDE DRIVE?+
The most recent tax bill on record (2025) was $1,218. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 353 PALO VERDE DRIVE?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Leesburg?+
At $89,000, this home is listed about 70% below the Leesburg median of $299,000. The market section on this page shows how the area is trending.
Which schools are assigned to 353 PALO VERDE DRIVE?+
Oak Park Middle School (middle), Leesburg Elementary School (elementary), Leesburg High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LEESBURG 34748 market on paper
$89,000 is 68% below the LEESBURG 34748 median of $279,700, and at $81/sqft it sits under the Leesburg average of $173.
02Time on market is leverage
170 days on market against a Leesburg median of 62 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $100,000, now $89,000 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of HAWTHORNE RESIDENTS COOPERATIVE ASSOCIATION INC. · Maria Crisostomo. MLS #G5108703.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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