

Overview
Ask anything about this home
Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
About this home
731 Sugar Bay Way #103 is a 1991-built home in Regency Park At Lake Mary A Condo, Lake Mary. Inside you'll find 2 bedrooms, 1 bathrooms, and 851 square feet of living space. Listed at $172,500 (about $203/sqft), 201 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $499.53 monthly.
This unique FIRST FLOOR UNIT comes with NEW FLOORING, NEW AC & a 2020 WATER HEATER and it is ready for your LOW MAINTENANCE LIFESTYLE. Discover the comfort and convenience of this bright and spacious condo, located at the desirable GATED COMMUNITY of Regency Park in Lake Mary. Surrounded by mature landscaping and trees, this thoughtfully designed condo offers a desirable combination of privacy, functionality, recent updates, access to resort-style amenities, HIGHLY RATED SCHOOLS and PROXIMITY TO ORLANDO! The spacious split-bedroom floor plan provides excellent separation between the living spaces and bedrooms. The open living and dining areas create a welcoming environment for relaxing or entertaining, while the covered screened terrace offers a peaceful outdoor retreat. The kitchen features attractive wooden cabinetry, granite countertops, and a convenient breakfast bar. The primary bedroom includes a walk-in closet, and the indoor laundry area comes equipped with a washer and dryer for added convenience. Additional interior details include 5-inch baseboards and a well-planned layout designed for comfortable everyday living. Recent improvements add significant value and peace of mind, including new flooring, a new A/C system, fresh interior paint, a water heater installed in 2020, roof replacement completed in 2018–2019, and exterior structural improvements completed in 2024. Residents of Regency Park enjoy an impressive selection of amenities, including 2 swimming pools, clubhouse, fitness center, tennis courts, valet service, sidewalks, a fishing pond and beautifully maintained common areas. The location is another standout feature, with convenient access to top rated schools, shopping, restaurants, Seminole State College, Topgolf, major roadways, and I-4. Enjoy easy access to Downtown Lake Mary, Sanford, Downtown Orlando, and Central Florida's many attractions, while New Smyrna Beach is also within convenient driving distance. Whether you're looking for a low-maintenance property, a convenient Central Florida residence, or an investment opportunity, this updated corner condo offers an appealing combination of location, amenities, and value. Schedule your private showing today and see all that 731 Sugar Bay Way #103 provides!
Request documents
Free. Tap one and our team sends it over.
The essentials
At a glance
Payment
Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
Offer Insights
Choose an offer strength
Sample: 62 closed condo sales in 32746 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
Talk through an offer with our teamCalculator
Not sure what you can afford?
Put in your household income and we will tell you where this payment sits.
Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$172,500
$203 per sq ft
Beds and baths
2 beds, 1 baths
Size
851 sq ft
Time on market
201 days
Year built
1991
Monthly payment
About $1,654/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,017 annual tax bill, insurance, and the $499.53/mo HOA fee.
HOA fee
$499.53/mo
Managed by Diana Hider.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
Offer
What should I offer?
Have another question?
Keep exploring Florida
Pick up where you left off, or see what else is out there.







