

Overview
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About this home
270 Palai Ave is a 1973-built home in Molokai Co-op, Leesburg. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,299 square feet of living space. Listed at $98,900 (about $76/sqft), 192 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $235 monthly.
Welcome to the resident-owned 55+ community of Molokai, where comfort, convenience, and lifestyle come together. Situated on a corner lot, this two-bedroom, two-bathroom home is just steps from the clubhouse and pool, providing access to the community’s amenities. Offered fully furnished and truly turnkey, including golf cart, this residence is ideal for easy, low-maintenance living. The spacious layout offers ample room to relax or entertain, creating the perfect setting to enjoy the Florida lifestyle year-round. The low HOA enhances the appeal, covering a wide range of amenities including the community pool, shuffleboard courts, clubhouse, internet, cable, water, trash, and more—delivering both value and peace of mind. Don’t miss this opportunity—schedule your private showing today and discover all that this community has to offer.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$98,900
$76 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,299 sq ft
Time on market
192 days
Year built
1973
Monthly payment
About $963/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,956 annual tax bill, insurance, and the $235/mo HOA fee.
HOA fee
$235/mo
Managed by Bob Floyd.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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