CENTURY 21 Edge
$369,000$485,000≈$3,053 /mo all-in ↓

Lot 2 MERCADO COURT, CLERMONT, FL, 34711

Active619 days on marketListed Feb 26, 2025MLS #O6284664

✦ Priced 14% below the CLERMONT 34711 median✦ Reduced $116KPINELAND SUB

About this home

Lot 2 MERCADO COURT

Prime 4.36-Acre Lot in Pineland Subdivision – Ready to Build! This listing is for LOT 2 ONLY, one of two available lots in the Pineland Subdivision. The property sits on 4.36 acres with its entrance on Mercado Court and has already been cleared, making it ready for you to build. Located off CR 561 on Pine Island Road, this lot offers the perfect balance of peaceful, open space while being just minutes from Clermont. Nearby shopping, dining, and entertainment. Buyers can choose their own builder, and deed restrictions are in place to protect the value of your investment. This prime Central Florida location is just an hour from major theme parks and Orlando International Airport, making it an ideal place to call home. For more details, contact the listing agents.

Facts & features

The home at a glance

4.36 ac

Lot size

Trees/Woods viewPets allowed

Inside

Outside & construction

ViewTrees/Woods
FacesNorth

Community & fees

Taxes (2024)$2,362/yr
PetsYes
CommunityDeed Restrictions

Utilities & systems

UtilitiesBB/HS Internet Available · BB/HS Internet Capable · Cable Available · Electricity Available · Phone Available · Public · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,053 /mo · 3.5% down FHA, 30-yr fixed at 7.5%

Principal & interest$2,533
FHA mortgage insurance (est.)$163
Property tax — 2024 actual bill$197
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $12,915Loan30-yr fixed at 7.5%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $12,915
Interest rate7.50%
Loan term

Estimated payment

$3,053/mo

Principal & interest$2,533
FHA mortgage insurance (est.)$163
Property taxes (actual bill)$197
Est. insurance$160

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.

Can I afford this home? → See what you can comfortably afford from your income, debts and savings.

Where it sits

Inside Clermont

Drive times from this address

Downtown Orlando≈ 41 min
Walt Disney World≈ 43 min
Universal Orlando≈ 44 min
Orlando Int’l Airport (MCO)≈ 55 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Clermont. See the full Clermont guide →

CLERMONT 34711 — neighborhood snapshot

Population

70,317

Median age

43.7

Median income

$90,245

Median home value

$409,000

Avg household

2.69

Households w/ children

7,462

For the school run

Lake County School District

ElementaryPine Ridge Elementary School★★★★★
HighSouth Lake High School★★★★★
MiddleGray Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Clermont market

Seller’s marketLeans seller — 3.9 months of inventoryBuyer’s market

$441K → $450K

Clermont median sold, yr/yr

98.0%

Sale-to-list ratio (12 mo)

Median sold price, Clermont, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 14% below the CLERMONT 34711 median. See the full Clermont market guide →

Paper trail

This home's history

CurrentPrice reduced to $369,000 ▼ $116K
Feb 26, 2025Listed at $485,000 · 619 days on market since

Reality check

What actually sold near Lot 2 MERCADO COURT

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

10732 PORTER TRAILSold · Jan ’26

$357,000

10732 PORTER TRAIL

3 bd · 2 ba · 1,186 sqft · $301/sqft · 140 DOM

9914 JANETTE LANESold · Jun ’26

$416,000

9914 JANETTE LANE

3 bd · 2 ba · 1,273 sqft · $327/sqft · 42 DOM

10010 LAKESHORE DRIVESold · Apr ’26

$575,000

10010 LAKESHORE DRIVE

3 bd · 2 ba · 1,276 sqft · $451/sqft · 4 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.

Angela Rodriguez

Your agent

Angela Rodriguez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about Lot 2 MERCADO COURT — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for Lot 2 MERCADO COURT — before you fall in love.

See it in person

Schedule a tour

Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

Lot 2 MERCADO COURT FAQs

What would the monthly payment be for Lot 2 MERCADO COURT?+

With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $3,053/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on Lot 2 MERCADO COURT?+

The most recent tax bill on record (2024) was $2,362. 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 Lot 2 MERCADO COURT?+

The listing reports pets: 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 Clermont?+

At $369,000, this home is listed about 18% below the Clermont median of $450,000. The market section on this page shows how the area is trending.

Which schools are assigned to Lot 2 MERCADO COURT?+

Pine Ridge Elementary School (elementary), South Lake High School (high), Gray Middle School (middle) — Lake County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the CLERMONT 34711 market on paper

$369,000 is 14% below the CLERMONT 34711 median of $429,900.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

619 days on market against a Clermont median of 56 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $485,000, now $369,000 — a $116K cut. The full history is in the market section below.

Listing courtesy of JOHN SILVA REALTY & ASSOCIATES · John Silva. MLS #O6284664.

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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