David Ramirez
$405,000$438,000$2,855 /mo all-in ↓

7343 LAKE OLA DRIVE, MOUNT DORA, FL, 32757

Active458 days on marketListed May 5, 2025MLS #G5096543

Priced 8% below the MOUNT DORA 32757 medianReduced $33KMAROTS ADD

About this home

7343 LAKE OLA DRIVE

Discover the perfect backdrop for your dream home on this spacious 2.34-acre residential lot. Tucked away in a serene, wooded setting, this property offers the peace and privacy of country living—just a short drive from modern conveniences. Whether you envision a custom-built family residence, a weekend retreat, or a personal sanctuary, this land provides the ideal foundation. With plenty of room for gardens, outdoor entertaining areas, or even a pool, you can design a lifestyle that suits you. Don’t miss this rare opportunity to shape your own slice of paradise. Let your imagination bring it to life! Buyers to verify measurements and set backs.

Facts & features

The home at a glance

2.34 ac

Lot size

Inside

Outside & construction

FacesSouth

Community & fees

Taxes (2024)$1,582/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electrical Nearby · 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.

$2,855 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,384
FHA mortgage insurance (est.)$179
Property tax — 2024 actual bill$132
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $14,175Loan30-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% · $14,175
Interest rate6.00%
Loan term

Estimated payment

$2,855/mo

Principal & interest$2,384
FHA mortgage insurance (est.)$179
Property taxes (actual bill)$132
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.

Where it sits

Inside Marots

Map of 7343 LAKE OLA DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Orlando35 min
Universal Orlando39 min
Walt Disney World44 min
Orlando Int’l Airport (MCO)51 min

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

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

Marots — neighborhood snapshot

Population

275

Median age

44

Median income

$104,632

Median home value

$484,300

Avg household

3

Households w/ children

26%

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 marketLeans seller4.7 months of inventoryBuyer’s market

$450K$410K

Mount Dora median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

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

This home is listed 8% below the MOUNT DORA 32757 median. See the full Mount Dora market guide →

Paper trail

This home's history

CurrentPrice reduced to $405,000 $33K
May 5, 2025Listed at $438,000 · 458 days on market since

Reality check

What actually sold near 7343 LAKE OLA DRIVE

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

5537 LAKE STREETSold · May ’26

$262,500

5537 LAKE STREET

2 bd · 1 ba · 948 sqft · $277/sqft · 13 DOM

7325 HOLLY STREETSold · Feb ’26

$295,000

7325 HOLLY STREET

3 bd · 2 ba · 1,223 sqft · $241/sqft · 15 DOM

7130 EARLWOOD AVENUESold · Jul ’26

$325,000

7130 EARLWOOD AVENUE

3 bd · 2 ba · 1,466 sqft · $222/sqft · 7 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 7343 LAKE OLA 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 7343 LAKE OLA DRIVE — before you fall in love.

See it in person

Schedule a tour

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Goes straight to David’s phone and CRM.

Straight answers

7343 LAKE OLA DRIVE FAQs

What would the monthly payment be for 7343 LAKE OLA DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,855/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 7343 LAKE OLA DRIVE?+

The most recent tax bill on record (2024) was $1,582. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Mount Dora?+

At $405,000, this home is listed about 15% below the Mount Dora median of $474,995. The market section on this page shows how the area is trending.

Which schools are assigned to 7343 LAKE OLA 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

Three things that matter here

01Under the MOUNT DORA 32757 market on paper

$405,000 is 8% below the MOUNT DORA 32757 median of $441,950.

02Time on market is leverage

458 days on market against a Mount Dora median of 55 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $438,000, now $405,000 — a $33K cut. The full history is in the market section below.

Listing courtesy of BHHS FLORIDA REALTY · Kristin Kaitschuck. MLS #G5096543.

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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