Molokai Co-Op
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Molokai Co-Op in Leesburg, FL has 5 homes for sale, asking from $89,900 to $125,000 (median $104,900). Homes listed or recently sold were built 1973–1987; 8 of 8 report an HOA (median $225/mo); 2 of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 70 ft).
Homes For Sale Right Now in Molokai Co-Op
Live MLS inventory for Molokai Co-Op. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Molokai Co-Op listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Tap any home to ask about it.
Molokai Co-Op is a thin data set right now: our MLS feed shows just two closings in the tracked window, which is too few transactions to draw a reliable price trend or set expectations on days-on-market. When a community trades this rarely, each sale tends to reflect the specific condition and terms of that one home rather than a broader market pattern.
For a buyer, that means going in with your own comparables and a conversation with someone who tracks Lake County closings directly, not a headline stat. For a seller, it means pricing has to be built from a tailored comp pull rather than an automated estimate, since the community itself does not generate enough volume to support one.
Molokai Co-Op right now
🟢 Buyer-leaning market. 20.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Medium (5 active and pending listings, 2 closed sales in 12 months).
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Updated September 12, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Molokai Co-Op sits in Leesburg, within Lake County, and is tracked in our MLS feed as a cooperative-structured community with very limited recent sales activity.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Molokai Co-Op is best for.
Best for
- A buyer specifically looking for a cooperative-ownership property in Leesburg and willing to review the co-op's governing terms directly
- A buyer comfortable making a decision on a single available home rather than relying on community-wide price trends
- A buyer who has already worked through co-op financing options and is not depending on conventional mortgage comparables
Probably not for
- A buyer who wants a documented amenity package as part of the purchase decision
- A buyer who relies on recent closed comps to validate an offer price
- A buyer unfamiliar with cooperative ownership structures and unwilling to review those documents before writing an offer
The market around Molokai Co-Op
Molokai Co-Op is too small for its own price trend, so here is the market around it.
In ZIP 34788, 178 homes are on the market and 16% are under contract — a slower corner of Leesburg.
Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).
ZIP and county figures describe the wider market, not Molokai Co-Op specifically. Momentum Research analysis of MLS records.
Molokai Co-Op on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
The Molokai Co-Op buying strategy.
If we were buying in Molokai Co-Op today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Molokai Co-Op.
A Low-Volume Corner of the Leesburg Market
The name signals a cooperative ownership arrangement, which typically comes with its own governing documents, fee structure, and approval process separate from a standard deeded HOA community. Anyone considering Molokai Co-Op should plan to review those cooperative terms directly, since they shape financing, resale, and monthly costs in ways a standard listing sheet will not fully capture.
Current MLS data does not surface any listed community amenities, and with only two closings in the recent window, there is not enough transaction history to characterize typical pricing, timing, or buyer competition here. That is not a red flag on its own, but it does mean this is a community to evaluate house by house rather than by market trend.
The location and the amenities are priced into every listing in Molokai Co-Op. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this little closed activity, the value we add is not a market report, it is direct legwork: pulling the cooperative's governing documents, checking how financing actually works for a co-op structure in Lake County, and building comparables from outside the immediate community when the internal data set is too small to trust on its own.
Molokai Co-Op in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Molokai Co-Op buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Molokai Co-Op sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Molokai Co-Op, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Molokai Co-Op home worth?
Get a no-obligation home value based on real comparable sales in Molokai Co-Op, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Molokai Co-Op on the map →
16% of homes for sale in ZIP 34788 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).
Molokai Co Op Market Scorecard
Molokai Co Op is currently a strong buyer's market. About 20.0 months of supply, a median asking price of $104,900, and homes go under contract in about 42 days.
Typical home value in the 34788 ZIP is $281,058, about 2.0% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Molokai Co-Op a buyer's or seller's market right now?
How many homes are in Molokai Co-Op?
What share of Molokai Co-Op is owner-occupied?
When were the homes in Molokai Co-Op built?
Who is the best real estate agent for Molokai Co-Op?
How do I find a top Leesburg real estate agent who knows Molokai Co-Op?
Can Momentum Realty connect me with an agent for Molokai Co-Op?
Should you buy in Molokai Co-Op?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Molokai Co-Op with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 34788)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2007 (8 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Molokai Co-Op fits the bigger picture — live prices, inventory, and Momentum Scores: