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I am familar with both places. Mt. Dora is a very nice place, great walkable downtown, what I would call "artsy" with many speciality stores and several nice restaurants. It is a very nice small town. Deland is a bigger town, does have historic downtown, Deland is the county seat for Volusia County so several of the buildings in downtown are government buildings. Deland has grown so much in the past 10-20 years, it use to be more like Mt. Dora. I would refer to Deland as more of a full service city at a 27k population for 2008 vs. Mt. Dora is really quite a bit smaller in comparison with like 11k population estimate for 2008. I also think Mt. Dora has attracted more retirees than Deland but, if you like being closer to the beach, Deland does that, also Stetson University is in Deland so you also have a mix of college students too. Hope this helps you.
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