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$40,000

500 NEWELL HILL ROAD UNIT 106D, LEESBURG, FL 34748

3D Tour
Active239 days on market

Beds

2

Baths

2

Sq Ft

1,134 sq ft

Year Built

1979

Lot Size

0.03 acres

Garage

About This Property

New Roof!! Welcome to this cozy and well-maintained 2-bedroom, 2-bath condo located in a 55+ community. This second-floor unit features a private entry, convenient parking, and no neighbors above for added privacy. The interior has been freshly painted and includes an enclosed porch a perfect for relaxing and enjoying the Florida lifestyle. Chesterbrook Condo offers excellent amenities, including a clubhouse, community pool, and shuffleboard. The HOA covers water, sewer, garbage, and cable, making for easy, low-maintenance living. Centrally located near shopping, dining, entertainment, and medical facilities, with a bus stop conveniently located within the community for easy access to daily needs. Enjoy!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #S5140606
StatusActive
Year Built1979
Stories2
Total Rooms6
ConstructionStucco, Wood Frame
RoofShingle
FoundationSlab
FacesNortheast
SubdivisionCHESTERBROOK 2 CONDO
CountyLake
OwnershipFee Simple

Interior Features

InteriorOther
FlooringCarpet, Luxury Vinyl
AppliancesOther
LaundryInside
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorBalcony, Lighting, Other, Sidewalk, Sliding Doors, Storage
Lot Size0.03 acres (1,384 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Available, Other, Water Available

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$870 / Monthly
Senior CommunityYes

Financial Details

List Price$40,000
Original Price$80,000
Annual Taxes$1,049 (2025)
ZoningR-2
Parcel #241924009010600D00

Directions

Get on Florida's Tpke in Buena Ventura Lakes from W Oak St and Michigan Ave. Follow Florida's Tpke to US-27 N in Groveland. Exit from Florida's Tpke. Continue on US-27 N to your destination in Leesburg.

Location

500 NEWELL HILL ROAD UNIT 106D, LEESBURG, FL 34748

Listing Information

OfficePROFESSIONAL REAL ESTATE TEAM
ListedDecember 23, 2025

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Home Price

$40,000

20% ($8,000)
6.75%

Loan Term

Principal & Interest$208
Property Tax (est.)$37
Insurance (est.)$150
Total Monthly$394
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How to Buy This Home

Multiple financing options available for this $40,000 home in LEESBURG.

🏛️

FHA Loan

$1,400 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$2,000 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: September 1, 2026.

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