403 MERCADO AVENUE, ORLANDO, FL, 32807
Active145 days on marketListed Mar 11, 2026MLS #O6389808
About this home
403 MERCADO AVENUE
FIRE DAMAGE PROPERTY!!! HOUSE NEEDS A COMPLETE REBUILD.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,030
Sqft
0.3 ac
Lot size
1954
Year built
One
Levels
$194
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 — not generic estimates.
$1,761 /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
$1,761/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
−34.6%
$/sqft vs Orlando actives
$194 vs $251
Days on market
145 vs 40 typical
Where $194/sqft sits among the 400 Orlando 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 Monterey
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Monterey — neighborhood snapshot
Population
2,963
Median age
43
Median income
$73,978
Median home value
$271,401
Avg household
3
Households w/ children
321
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $409K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
169 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 35% below the ORLANDO 32807 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 403 MERCADO AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$310,000
621 EL VEDADO AVENUE · same community
3 bd · 2 ba · 1,196 sqft · $259/sqft · 19 DOM
Sold · Dec ’25$299,000
5430 HERMOSA STREET · same community
3 bd · 1 ba · 1,299 sqft · $230/sqft · 24 DOM
Sold · May ’26$260,000
5401 PULLMAN DRIVE
2 bd · 2 ba · 1,027 sqft · $253/sqft · 9 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 403 MERCADO AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 403 MERCADO AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
403 MERCADO AVENUE FAQs
What would the monthly payment be for 403 MERCADO AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,761/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 403 MERCADO AVENUE?+
The most recent tax bill on record (2025) was $4,025. 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 Orlando?+
At $200,000, this home is listed about 49% below the Orlando median of $394,900. The market section on this page shows how the area is trending.
Which schools are assigned to 403 MERCADO AVENUE?+
Roberto Clemente Middle (middle), Dover Shores Elementary (elementary), William R Boone High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of HOLLOMAN GORDON REALTY, INC. · Ronnie Holloman. MLS #O6389808.
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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