Lake Saunders Reserve

Learn more about our current specials! Located on the shores of beautiful Lake Saunders in Mount Dora, FL, Lake Saunders Reserve is the perfect combination of tranquility and convenience. Experience unrivaled, serene lakeside living at an affordable price. Lake Saunders Reserve is proud to provide apartment homes for those who are 55 and older* You’ve waited long enough for a modern apartment home with the finishes you expect at a price you can afford. We are confident we offer the best combination of quality and location. Give us a call or apply online to start your journey today and join the excitement of lakefront living at Lake Saunders Reserve! *Age and Income Limits Apply, please see our Eligibility Tab for more information.
Please review the Eligibility chart for the household income limit requirements. Pricing, terms, fees, conditions and availability are subject to change daily without notice and subject to application approval. SQFT listed is an approximate value for each apartment Disclaimer: Virtual tours are intended to give you an idea of the feel of the Apartment Home. All finishes, and other items, may vary in style and/or color. Please contact the Leasing Office for specific detail. Let's Get Started! Current Specials. Equal Housing Opportunity. Learn more about our communities by visiting Concord Management, Ltd. at ConcordRENTS.com. Fees & Deposits Welcome! We're excited to help you get started by making things simple and clear. We are sharing a list of fees and deposits you might encounter as an applicant and future resident. To budget for your fixed monthly expenses, add the rent for your desired floor plan to the Optional Add-ons of your choice. Our goal is to be transparent so you may plan your housing budget with ease. Application Fees Deposits Utility Charges/Insurance Optional Add Ons Situational Fees Item Summary Amount Frequency Application Fees Payment due prior to submission of application. $30.00 Per Applicant Administration Fee Payment due prior to move in. Amount to facilitate move-in process for resident. $250.00 One Time Holding Fee Payment due upon completion of acceptable background screening. Applied toward security deposit at move in. Non-refundable if applicant cancels their application. $150.00 One Time Item Summary Amount Frequency Security Deposit Based on apartment home size. $350 non-refundable if cancelled. $700.00 One Time Additional Security Deposit Additional deposit may be required based upon applicant screening results. $200.00 - $400.00 One Time Gate Remote/Key Card Deposit Refundable if key card or operational gate remote is returned at time of move out. Varies One Time, Per Device Item Summary Amount Frequency Utility - Electric Amount for provision and consumption of electricity. Paid to utility service provider. Usage Based Monthly Utility – Water/Sewer Assessed by third party and paid with monthly rent. Usage Based Monthly Utility – Water/Sewer Administrative Billing Assessed by third party and paid with monthly rent. $5 or less Monthly Utility – Water/Sewer New Account Fee Amount to establish water and sewer account that is assessed by utility provider. $50 Monthly per utility provider Utility - Water Utility Account Establishment Assessed by third party and can reflect one time in your rent payment. $15 or less One Time Utility - Account Not Established In Resident's Name Assessed if utility is not established in resident’s name any time during occupancy. Varies Monthly per utility provider Renter's Liability Insurance $100,000 liability insurance is required through provider of choice. Option to pay with rent when enrolled with community's preferred insurance provider. Varies Duration of Lease Item Summary Amount Frequency Value Package 1 Internet Only w/1 Gig Speed, One (1) Mid-Lease Carpet Cleaning. $59.00 Monthly Additional Package Options Inquire with the Resident Services Team for other available package options. Varies Monthly Additional Reserved Parking Options Inquire with the Resident Services Team for additional reserved parking options. Varies Monthly Pet Rent Per approved pet. Pet 1: $15.00 Pet 2: $15.00 Monthly, Per Pet Pet Fee Amount to facilitate each authorized pet. $350.00 One Time, Per Pet Storage Unit Various sizes based upon availability. $25.00 - $45.00 Monthly Pet Management Fee Paid to third party for households with pets to determine if pets meet community policies. $30 Annually Per Pet, If Applicable Item Summary Amount Frequency Application Transfer Fee To transfer an existing application to another ConcordRENTS community. $25.00 Per Occurrence Animal Waste Fine   $100.00 Per Occurrence Unauthorized Animal Fine   $400.00 Per Occurrence Trash Fine First offense $50, Second offense $75, Third and subsequent offenses $100; Bulk trash: Varies based on size of item ranging from $100 to $150 per item. Hazardous items (tires, appliances, automotive batteries) are $250 per item. Varies Per Occurrence Late Fee $95.00 if rent is not paid by the 3rd; additional $55.00 if rent is not paid by the 15th. $95.00 - $150.00 Per Occurrence Recertification Late Fee if not completed by due date Only Applicable on select apartment homes where Income is unrestricted. $70.00 Monthly NSF Fee Non-sufficient funds. $85.00 Per Occurrence Legal or Eviction Fees Based on actual charges. Varies Per Occurrence Renter's Insurance Due to Non-Compliance Fee for liability only insurance policy in the amount of $100,000 if resident does not maintain required insurance. $10.75 Monthly Month to Month Tenancy Applies when leasing on a month-to-month basis. This fee is separate from base rent. $300.00 One Time Early Lease Termination Fees   Based Upon Resident Selection on Lease Addendum One Time Improper Notice Fees   Up to One Month's Rent One Time Additional Information Regarding Rent and Fees: Rent price will be based on specific unit, lease term, and move-in date. Rent and fees are subject to change. All fees are non-refundable unless specifically identified as refundable. Residents are required to activate and maintain utility services indicated within the Fees "Utility Charges / Insurance" section. Some fees may not apply to apartment homes that are subject to an affordable program. Resident is responsible for damages to the premises that exceed ordinary wear and tear. Additional fees may apply in specific situations as detailed in the application and/or lease agreement, and you may address questions regarding specific fees to our Leasing Office prior to the application process. Date of Issuance: 09/14/2026.