731 Sugar Bay Way #103, photo 1
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Overview

2 bd1 ba851 sqftCondominium
TypeCondominium
HOA$499.53/mo
Built1991
Lot532 sqft
Living area851 sqft
Price / sqft$203

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About this home

Ceiling Fans(s)Kitchen/Family Room ComboOpen FloorplanSidewalkTennis Court(s)ClubhouseFitness CenterGated Community - No Guard

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.

From the listing

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!

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The essentials

Built
1991
Price / sqft
$203
On market
201 days
Annual tax
$2,017
HOA
$499.53/mo
Flood zone
X · Low risk
Lot
532 sqft
Type
Condominium

At a glance

Condo
Built 1991
Community pool
Fitness center too
851 sqft
Living area

Payment

Est. monthly payment
$1,654/mo
Down payment (20%)
$34,500
Property taxes
$168/mo
HOA
$499.53/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1991
Lot
532 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
201
Ceiling Fans(s)
Kitchen/Family Room Combo
Open Floorplan
Sidewalk
Tennis Court(s)
Clubhouse
Fitness Center
Gated Community - No Guard
Golf Carts OK
Park
Playground
Pool
Sidewalks
Disposal
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Longwood Elementary
Middle
Greenwood Lakes Middle
High
Lake Mary High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2024)
$2,017
Parcel #
19-20-30-520-0900-1030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Regency Park At Lake Mary A Condo
County
Seminole
MLS Area
32746 - Lake Mary / Heathrow
Lot Size
532 sqft
Corner LotCity LimitsLandscapedSidewalk
HOA
$499.53/mo
Diana Hider

Price history

Date
Event
Price
9/11/2026
Price change
Source: Stellar MLS #O6395068
$172,500-1.4%
$203/sqft
-
Price change
Source: Stellar MLS #O6395068
$174,900-2.3%
$206/sqft
3/31/2026
Listed for sale
Source: Stellar MLS #O6395068
$179,000
$210/sqft

Neighborhood

731 Sugar Bay Way #103
Lake Mary, FL, 32746 · 32746 - Lake Mary / Heathrow

Market insights

Offer Insights

Choose an offer strength

List price: $172,500
$172,500
99.5% – 100% of listTops out right at the list price
80% of listList price
37 of the last 62 condo closings in 32746 landed at this number or higher (60%). The median one sat 35 days before it went under contract, and this one is on day 201 after a $6,500 cut.

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 team

Calculator

Est. monthly payment
$1,654/mo
Principal & interest$900
Property taxes$168
Insurance$86
HOA$500
Down payment20% · $34,500
Interest rate6.80%
Loan term

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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?

Brokered byBHHS FLORIDA REALTYListing agent: Francine Arroyo SantowskiListing data from Stellar MLS, MLS# O6395068.

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