Condo Communities in Lake County, FL

Looking for condo communities in Lake County, FL? Momentum Realty tracks 4 Lake County communities with evidence of condominium living, each with MLS-derived pricing and market pace below — plus the local questions worth asking before you buy, and a direct line to an agent who works these communities.

Lake County condo communities at a glance

Communities tracked

$298,750

Median sale price

106 days

Median days on market

Recent closings

The communities, by recent sales activity

Community	City	Median price	1-yr change	Days on mkt
SIENA/BELLA COLLINA · agent	Montverde	$410,000	–	158 d
MOUNT DORA BUNKER HILL CONDO · agent	MOUNT DORA	$187,500	-3.8%	55.0 d
MOUNT DORA SOUTHERN OAKS CONDO · agent	MOUNT DORA	–	–	–
MOUNT DORA LAKEWOOD CONDO · agent	MOUNT DORA	–	–	–

Communities are listed by recent closing volume in Momentum’s MLS data. Figures are aggregates, change over time, and are deemed reliable but not guaranteed.

Condo buying in Florida after the milestone-inspection era

Since Florida’s post-Surfside condo-safety laws took effect, buildings three stories and taller face milestone structural inspections (at 30 years, or 25 near the coast) and must fund reserves through a Structural Integrity Reserve Study — ending the era of waived reserves. For buyers this cuts both ways: safer buildings, but rising fees and special assessments in buildings catching up. Before you offer, request the milestone inspection report, the SIRS, the budget, and the last two years of minutes; ask directly whether any special assessment is levied, planned, or discussed. A low price in an older coastal building often has an assessment attached to it.

Fees, financing and what the association controls

Condo fees fund insurance on the structure, reserves, and amenities — get the fee history, not just the current number. Financing is building-specific: lenders review budgets, reserves, owner-occupancy and litigation, and some buildings are unwarrantable for conventional loans. Our buyer closing costs calculator models the full monthly cost with dues included.

What it costs to own here

At Lake County’s typical combined millage of 16.65 mills, a purchase at $298,750 (the median across these condo communities) generates roughly $4,973 a year in property tax before exemptions — about $414 a month. Florida resets the assessed value to roughly your purchase price, so the seller’s current bill is not a preview of yours; a homesteaded owner then gets the $25,000–$50,000 exemption and the 3% Save Our Homes cap going forward. Citizens Property Insurance policies in Lake County average about $1,756 a year ($146 a month) — private-market quotes vary with roof age and wind mitigation, so price coverage before your inspection window closes. All-in, our county model puts the typical monthly cost of ownership in Lake County near $2,201 (principal and interest on the typical home, tax, and insurance).

Run your exact numbers: the property tax after purchase calculator uses Lake County’s verified millage, and the buyer closing costs calculator builds the full cash-to-close.

Demand and supply in Lake County right now

In the most recent IRS migration data (2022-2023), Lake County gained a net 12,855 people to relocation, with the largest inbound flows from NY, CA, NJ. Households moving IN reported average incomes of $80,711 versus $59,346 for those leaving — the income mix of demand, straight from tax filings. Population is up about 18.9% over the recent multi-year window. On the supply side, builders pulled 5,342 residential permits in Lake County in 2025 (3,999 single-family), up 7.1% year over year — against 6,316 at the 2023 peak. Permits are tomorrow’s inventory: a shrinking pipeline supports prices, a swelling one hands buyers leverage. Our valuation model reads the county as overvalued by about 5.6% versus its income-and-rent fundamentals.

The Lake County market, in context

Lake County is Central Florida's rolling, lake-dotted northwest edge — Clermont's hills and Mount Dora's charm offer a quieter, more affordable alternative to Orlando, with fast growth along the SR 429 and US 27 corridors and a strong active-adult market.

The economy behind the market: {'drivers': 'healthcare, retail, education, agriculture, and an Orlando commuter base', 'summary': "Lake County's economy mixes healthcare (AdventHealth and Orlando Health Leesburg/South Lake hospitals), retail and services, a still-meaningful agricultural base, and a large share of residents commuting to Orlando along the SR 429 and the Turnpike. The Villages' southern reach and active-adult growth also support a deep services economy.", 'employers': ['Lake County Schools', 'AdventHealth Waterman / Orlando Health South Lake', 'Lake County government', 'Publix', 'South Lake Hospital', 'Lake-Sumter State College'], 'jobNote': "Most of Lake County's higher-wage workers commute to the Orlando metro via the SR 429 and the Turnpike."}

What could change it: Lake's risks are inland: lake and low-lying flooding in major storms, some sinkhole-prone geology, and rapid-growth strain along the 429 and US 27 corridors. Hurricane exposure is wind-and-rain rather than surge, and insurance runs below the coast.

Near-term outlook: Expect Lake to keep growing on affordability and the new toll-road access to Orlando, with the Clermont/Minneola corridor leading. Heavy new construction keeps buyers in a strong position and price growth measured.

Run the numbers in Lake County

Explore more Florida communities

Common questions

How many condo communities does Lake County, FL have?

Momentum Realty currently tracks 4 communities in Lake County with evidence of condominium living in MLS or verified amenity records. Others exist; these are the ones with active market data.

What do homes in Lake County condo communities cost?

The median sale price across tracked condo communities in Lake County is about $298,750, and it varies widely by community. Use the table above for community-level medians.

How does Momentum classify a community as one of the condo communities?

A community appears here when we find a majority of the community’s MLS-recorded listings carrying a condominium property type. We do not guess from names alone. Verify any specific amenity or restriction with the association before you rely on it.

Can Momentum connect me with an agent for these communities?

Yes. Momentum serves Lake County and matches you with an agent who works these specific communities. Matching is free and no-obligation.

How much is home insurance in Lake County?

Citizens Property Insurance policies in Lake County average about $1,756 a year, per Citizens filings. Private quotes vary widely with roof age, construction and wind mitigation - a wind-mitigation inspection often unlocks meaningful credits.

What are property taxes like in Lake County?

Typical combined millage in Lake County is about 16.65 mills - roughly 1.66% of assessed value a year before exemptions. Florida resets assessed value to about your purchase price when you buy, then homestead exemptions and the 3% Save Our Homes cap apply.

Community classifications are compiled from MLS-reported amenities, verified amenity records and MLS build-year data, as of 2026-09-11; they are informational, change over time, and are deemed reliable but not guaranteed — verify details with each association. Not an offer of housing to any protected class to the exclusion of others. Equal Housing Opportunity.