408 PALO VERDE DRIVE, LEESBURG, FL, 34748
Active142 days on marketListed Mar 18, 2026MLS #G5109801
About this home
408 PALO VERDE DRIVE
Step into your own slice of coastal-inspired serenity in this beautifully maintained 2-bedroom, 2-bath home offering 1,236 square feet of inviting living space. From the moment you arrive, the long driveway, upgraded vinyl siding, and refreshed exterior set the tone for the care and pride poured into this property. Inside, natural light dances through stunning panoramic windows in the spacious living room, creating a warm and uplifting atmosphere that instantly feels like home. The coastal décor, crisp interior paint, and stylish ceiling fans and light fixtures add a breezy elegance throughout. The heart of the home flows effortlessly into a heated Florida room, fully enclosed with glass windows perfect for morning coffee, quiet afternoons, or entertaining guests year-round in comfort and sunshine. The thoughtfully designed kitchen is well-equipped and impeccably maintained, making meal preparation a joy. Both bedrooms provide generous space and comfort, while the guest bathroom features a relaxing tub and the primary suite boasts a convenient walk-in shower. Additional highlights include a large laundry room with extra storage, new windows, a well-maintained roof-over, and a 2022 HVAC system, providing peace of mind for years to come. Every inch of this home reflects cleanliness, care, and a welcoming coastal charm. Whether you’re looking for a full-time residence or a seasonal retreat, this gem offers the perfect blend of comfort, style, and easy Florida living...............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
1,236
Sqft
0.15 ac
Lot size
1976
Year built
One
Levels
$113
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.
$1,593 /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
$1,593/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
+9.7%
$/sqft vs HAWTHORNE AT LEESBURG A COOP
$113 vs $104
Days on market
142 vs 62 typical
Where $113/sqft sits among the 54 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)
26 of 54
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 50% below the LEESBURG 34748 median. See the full Leesburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 408 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 · Oct ’25$112,500
129 HIBISCUS WAY · same community
2 bd · 2 ba · 1,200 sqft · $94/sqft · 15 DOM
Sold · Mar ’26$115,000
188 HIBISCUS WAY · same community
2 bd · 2 ba · 1,200 sqft · $96/sqft · 52 DOM
Sold · Jan ’26$180,000
109 AVOCADO COVE · same community
2 bd · 2 ba · 1,274 sqft · $141/sqft · 153 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 408 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 408 PALO VERDE DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
408 PALO VERDE DRIVE FAQs
What would the monthly payment be for 408 PALO VERDE DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,593/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 408 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 408 PALO VERDE DRIVE?+
The most recent tax bill on record (2025) was $1,805. 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 408 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 $139,900, this home is listed about 53% below the Leesburg median of $299,350. The market section on this page shows how the area is trending.
Which schools are assigned to 408 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
$139,900 is 50% below the LEESBURG 34748 median of $280,000, and at $113/sqft it sits under the Leesburg average of $174.
02Time on market is leverage
142 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 $146,000, now $139,900 — a $6K 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 #G5109801.
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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