518 PALO VERDE DR, Leesburg, FL, 34748 | $127,900

Best-priced fully remodeled home in the desirable resident-owned 55+ community of Hawthorne at Leesburg, featuring extensive upgrades and being offered turnkey and move-in ready.

Recent improvements include all new windows, a brand-new AC (2025), a new front door, replaced subfloors, new drywall throughout, fresh trim and interior paint, and upgraded laminate flooring. The kitchen has been refreshed with new cabinets, countertops, a new microwave, and sink, while the bathrooms have been remodeled for a clean and modern look. The home also includes a washer and dryer, utility sink with added cabinet in the laundry area, new beds, new rugs, and a new TV. The exterior has been recently power washed, adding to the home’s clean and well-maintained appearance.

Inside, the thoughtful updates create a bright, modern, and comfortable living space, making this 2-bedroom, 2-bathroom home truly move-in ready.

Located inside a secure gated community with a 24-hour staffed gatehouse and monitored entrances with barcode access, residents enjoy peace of mind along with access to a vibrant and active lifestyle.

The monthly maintenance fee of $397 includes water, sewage, lawn mowing, private emergency services, and access to a wide variety of activities and clubs. Hawthorne at Leesburg is an active, resident-owned 55+ waterfront cooperative community known for its beautifully landscaped grounds, scenic lakes with illuminated fountains, and relaxing outdoor spaces.

Residents enjoy access to an impressive list of amenities including a large clubhouse with seating for 550, a full-time activities coordinator, hospitality lounge, card rooms, craft rooms, billiards room, fitness center, library, fine arts room, and more than 100 community activities. Outdoor amenities include excellent fishing, a geo-thermally heated pool, two therapeutic pools, and a private marina with over 120 boat slips offering access to the Harris Chain of Lakes.

Hawthorne at Leesburg allows a maximum of two occupants per home (primary resident must be at least 55 and the second occupant at least 50). No pets permitted; service animals are allowed. A one-time $1, 000 capital contribution is paid by the buyer at closing.

Whether you are looking for a full-time residence or a seasonal Florida retreat, this beautifully updated home offers low-maintenance living in a secure and welcoming community.

Features

  • Amenities: Fitness Center, Pool, Recreation Facilities
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room, Outside
  • Year Built: 1974
  • Garage: Covered, Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,032
  • Acreage: 0.12
  • Est. Taxes: $1,775
  • HOA Fee: $397 Monthly
  • Adult Communities: Yes
  • Elem. School: Beverly Shores Elem
  • Middle School: Oak Park Middle
  • High School: Leesburg High
  • Pet Policy: No
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: G5109413
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/G5109413/518paloverdedr_leesburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/18/2026 12:18:09 AM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

518 PALO VERDE DR, Leesburg, FL, 34748

$127,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $102,320 $102,320 $102,320
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $148 $148 $148
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $589 $655 $850
Total Monthly Payment $812 $878 $1,073

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.