Steeve Cadeau
$336,002$371,0023 bd2.5 ba1,427 sqft$235 /sqft$2,641 /mo all-in ↓

703 PERTH DRIVE, MOUNT DORA, FL, 32757

Active210 days on marketListed Dec 23, 2025MLS #O6369281

Priced 23% below the MOUNT DORA 32757 medianReduced $35KNew constructionTownhouseSOUTHLOCH

Come see it

Upcoming open houses

Sat, Jul 25

12:00 PM – 5:00 PM

Clients/agents must stop by the sales office at 703 Perth Drive, Mount Dora, FL, 32757 prior to visit.

Sun, Jul 26

12:00 PM – 5:00 PM

Clients/agents must stop by the sales office at 703 Perth Drive, Mount Dora, FL, 32757 prior to visit.

Sat, Aug 1

12:00 PM – 5:00 PM

Clients/agents must stop by the sales office at 703 Perth Drive, Mount Dora, FL, 32757 prior to visit.

Sun, Aug 2

12:00 PM – 5:00 PM

Clients/agents must stop by the sales office at 703 Perth Drive, Mount Dora, FL, 32757 prior to visit.

About this home

703 PERTH DRIVE

What's Special: Model Home Leaseback | Model Home | Model Home Plan | Close to Amenities - Model Home Leaseback - Available Now! This model home purchase includes our Model Leaseback Program. Model leaseback terms vary by model home. Please see a Community Sales Manager for additional details. Restrictions may apply. Built by America's Most Trusted Homebuilder. Welcome to the Monarda at 703 Perth Drive in Southloch! This new townhome style condominium offers an open concept design with natural light throughout. The great room flows into the kitchen, where a spacious island is ideal for cooking or entertaining. A rear patio adds outdoor living space. Upstairs, two bedrooms share a full bath near a convenient laundry area, while the primary suite provides a private retreat. Storage includes a walk-in pantry, linen closet, and under-stair space. Southloch is a gated community with planned amenities like a pool, cabana, hammocks, cornhole, and a Monarch Butterfly Garden. Located near US-441 and minutes from downtown Mount Dora, you’ll enjoy charming shops, festivals, golf at the Country Club, and boating on Lake Dora. Photos are for representative purposes only. MLS#O6369281 - Model Home Prices exclude furniture, decorative accessories, and closing costs and already include any lot premium, Seller installed options and upgrades; Buyer-selected options are no longer available. No representation of any kind is made or implied regarding the Model Home’s future value or benefits, or availability of financing for a leaseback transaction. See Model Home Purchase Agreement, Model Home Addendum, Model Home Leaseback Agreement and, if applicable Non-Realty Bill of Sale Addendum (for furniture and any other non-realty personal property sold separately in select model homes) for details. Model homes subject to prior sale.

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

1,427

Sqft

0 ac

Lot size

1

Garage

2026

Year built

Two

Levels

$235

Per sqft

Park/Greenbelt viewPets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesConvection Oven · Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorWalk-In Closet(s) · Window Treatments
LaundryInside · Laundry Closet · Upper Level
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Cement Siding
FoundationSlab
ViewPark/Greenbelt
FacesSoutheast
ExteriorIrrigation System · Sliding Doors

Community & fees

HOA fee$354/mo
Taxes (2025)$0/yr
PetsCats OK, Dogs OK, Yes
CommunityAssociation Recreation - Lease · Community Mailbox · Deed Restrictions · Gated Community - No Guard · Golf Carts OK · Playground · Pool · Wheelchair Access

Utilities & systems

UtilitiesCable Available · Electricity Available · Fiber Optics · Fire Hydrant · Street Lights · Underground Utilities
WaterPublic

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.

$2,641 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,978
FHA mortgage insurance (est.)$149
Property tax — 2025 actual bill$0
HOA fee — from the listing$354
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $11,760Loan30-yr fixed at 6%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% · $11,760
Interest rate6.00%
Loan term

Estimated payment

$2,949/mo

Principal & interest$1,978
FHA mortgage insurance (est.)$149
Est. property taxes$308
HOA / condo fee$354
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.

List $336K
$256KedgeAI estimate $287,084 · range $266K$300K$349K

vs edgeAI estimate

+17%

$/sqft vs SOUTHLOCH

$235 vs $219

Days on market

210 vs 50 typical

Where $235/sqft sits among the 6 homes for sale in SOUTHLOCH

3
0
2
0 · this home
0
1
$184–198$198–212$212–226$226–241$241–255$255+

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 Mount Dora

Map of 703 PERTH DRIVE

Get to know Mount Dora. See the full Mount Dora guide →

MOUNT DORA 32757 — neighborhood snapshot

Population

32,712

Median age

45.8

Median income

$73,327

Median home value

$325,800

Avg household

2.47

Households w/ children

3,279

For the school run

Orange County School District

ElementaryZellwood Elementary★★★★★
MiddleWolf Lake Middle★★★★★
HighApopka High★★★★★

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

The numbers that matter

The Mount Dora market

Seller’s marketBalanced6.4 months of inventoryBuyer’s market

$450K$453K

Mount Dora median sold, yr/yr

97.5%

Sale-to-list ratio (12 mo)

5 of 6

SOUTHLOCH have cut their price

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

This home is listed 23% below the MOUNT DORA 32757 median. See the full Mount Dora market guide →

Paper trail

This home's history

CurrentPrice reduced to $336,002 $35K
Dec 23, 2025Listed at $371,002 · 210 days on market since
2026Built · SOUTHLOCH

Reality check

What actually sold near 703 PERTH DRIVE

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

422 W 11TH AVENUESold · Jun ’26

$385,000

422 W 11TH AVENUE

3 bd · 2 ba · 1,440 sqft · $267/sqft · 5 DOM

1608 JEFFERSON DRIVESold · Aug ’25

$324,990

1608 JEFFERSON DRIVE

3 bd · 2 ba · 1,443 sqft · $225/sqft · 321 DOM

1212 HILLTOP DRIVESold · Mar ’26

$272,000

1212 HILLTOP DRIVE

2 bd · 2 ba · 1,410 sqft · $193/sqft · 117 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.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 703 PERTH DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 703 PERTH DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

703 PERTH DRIVE FAQs

What would the monthly payment be for 703 PERTH DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,641/mo — principal and interest, estimated property taxes, the $354/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 703 PERTH DRIVE?+

The association fee works out to $354 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 703 PERTH DRIVE?+

The most recent tax bill on record (2025) was $0. 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 703 PERTH DRIVE?+

The listing reports pets: Cats OK, Dogs OK, 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 $336,002, this home is listed about 29% below the Mount Dora median of $469,950. The market section on this page shows how the area is trending.

Which schools are assigned to 703 PERTH DRIVE?+

Zellwood Elementary (elementary), Wolf Lake Middle (middle), Apopka High (high) — Orange 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

$336,002 is 23% below the MOUNT DORA 32757 median of $438,995.

02Park/Greenbelt views

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

03Time on market is leverage

210 days on market against a Mount Dora median of 50 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $371,002, now $336,002 — a $35K cut. The full history is in the market section below.

Listing courtesy of TAYLOR MORRISON REALTY OF FLORIDA INC · Michelle Campbell. MLS #O6369281.

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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