601 N MCDONALD STREET UNIT 506, MOUNT DORA, FL, 32757
Active3 days on marketListed Oct 13, 2026MLS #G5118670
About this home
601 N MCDONALD STREET UNIT 506
Welcome to one of Mount Dora’s premier 55+ condominium communities, where you can leave the car in the garage, walk to downtown, and embrace the best of the Mount Dora lifestyle. This beautiful 3-bedroom, 3-bath condominium offers 1,628 square feet of bright, inviting living space and spectacular, unobstructed fifth-floor views of Lake Dora. With no trees blocking the view, Unit #506 offers a rare perspective of Lake Dora, where you can watch sailboats, kayakers, seaplanes and other waterfront activity while enjoying some of Central Florida’s most beautiful sunsets. Recent improvements include newer hurricane windows, a newer AC system, newer toilets, a replaced popcorn ceiling, all-new luxury vinyl plank flooring and freshly painted interiors. The result is a move-in-ready home designed for comfortable, carefree Florida living. Residents enjoy a resort-style community pool overlooking Lake Dora, along with the convenience of maintenance-free condominium living. The monthly condominium fee includes water, sewer, trash, building insurance, reserve funding, exterior and grounds maintenance, pest control, recreational facilities and the community pool. Additional features include assigned covered parking in the parking garage, convenient guest parking, and accommodations for up to two small pets, 25 pounds or less each. The location is exceptional. Leave the car behind and enjoy a 5-minute walk to downtown Mount Dora, where you’ll find charming shops, restaurants, galleries, waterfront attractions and year-round events. Start your Sunday with the farmers market or enjoy one of Mount Dora’s signature events, including the Mount Dora Arts Festival, Mount Dora Craft Fair, Sailboat Regatta, Fourth of July waterfront celebration and the beloved Christmas Light Up Mount Dora. Whether you’re looking for a full-time Florida residence or the perfect seasonal escape, Unit #506 offers an exceptional combination of walkability, breathtaking Lake Dora views, recent updates, resort-style amenities and carefree living. The unobstructed fifth-floor Lake Dora view is a true differentiator and one you simply have to see in person. Come experience why Unit #506 is a special place to call home.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
1,628
Sqft
0.04 ac
Lot size
1
Garage
1974
Year built
One
Levels
$245
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.
$3,815 /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
$3,815/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
+15.5%
$/sqft vs Mount Dora actives
$245 vs $226
Days on market
3 vs 71 typical
Where $245/sqft sits among the 303 Mount Dora actives
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 Downtown Mount Dora
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Mount Dora. See the full Mount Dora guide →
Downtown Mount Dora — neighborhood snapshot
Population
3,903
Median age
52
Median income
$57,710
Median home value
$256,907
Avg household
2
Households w/ children
266
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Mount Dora market
$450K → $410K
Mount Dora median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
165 of 303
Mount Dora actives have cut their price
Median sold price, Mount Dora, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6% below the MOUNT DORA 32757 median. See the full Mount Dora market guide →
Paper trail
This home's history
Reality check
What actually sold near 601 N MCDONALD STREET UNIT 506
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$830,000
1210 S CLAYTON STREET
2 bd · 2 ba · 1,651 sqft · $503/sqft · 152 DOM
Sold · Oct ’25$450,000
633 SANDLAKE COURT
3 bd · 2 ba · 1,683 sqft · $267/sqft · 13 DOM
Sold · Sep ’26$300,000
370 S COBBLE COURT
3 bd · 2 ba · 1,561 sqft · $192/sqft · 84 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
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 601 N MCDONALD STREET UNIT 506 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 601 N MCDONALD STREET UNIT 506 — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
601 N MCDONALD STREET UNIT 506 FAQs
What would the monthly payment be for 601 N MCDONALD STREET UNIT 506?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,815/mo — principal and interest, the actual property-tax bill, the $748/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 601 N MCDONALD STREET UNIT 506?+
The association fee works out to $748 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 601 N MCDONALD STREET UNIT 506?+
The most recent tax bill on record (2025) was $4,583. 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 601 N MCDONALD STREET UNIT 506?+
The listing reports pets: Cats OK, Dogs OK, Number Limit, Size Limit, Yes. 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 Mount Dora?+
At $399,000, this home is listed about 14% below the Mount Dora median of $465,000. The market section on this page shows how the area is trending.
Which schools are assigned to 601 N MCDONALD STREET UNIT 506?+
Mt. Dora High School (high), Mt. Dora Middle School (middle), Triangle Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MOUNT DORA 32757 market on paper
$399,000 is 6% below the MOUNT DORA 32757 median of $424,945.
02City & Water views
The city and water view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $748/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Fresh on the market
Only 3 days on market in a Mount Dora market that averages 71 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of LIST NOW REALTY, LLC · Matt Buttner. MLS #G5118670.
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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