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About this home
718 Sugar Bay Way #106 is a 1991-built home in Regency Park At Lake Mary A Condo, Lake Mary. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,100 square feet of living space. Listed at $198,000 (about $180/sqft), 18 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $646.89 monthly.
Located at 718 Sugar Bay Way, Unit 106, this approximately 1,100-square-foot condominium offers the convenience of a first-floor location in the gated community of Regency Park in Lake Mary. With three bedrooms and two baths, the home has been renovated in a soft, neutral palette that feels fresh, bright and ready for immediate enjoyment. The open floor plan creates an easy connection between the living, dining and kitchen areas, making the space comfortable for daily living as well as hosting friends and family. A split bedroom layout places the primary bedroom apart from the two additional bedrooms, offering privacy and flexibility for guests, a home office or a growing household. Just outside, a front screened porch provides a pleasant spot for morning coffee or relaxing in the evening, with a view overlooking a community playground. The first-floor setting means no stairs to navigate, a convenience appreciated on busy days and when bringing in groceries. Regency Park offers residents the security of a gated entry along with an impressive range of amenities, including multiple swimming pools, tennis courts, parks and playgrounds throughout the community. Lake Mary's central location places the home within easy reach of nearly everything Central Florida has to offer. Colonial Town Park, with its shopping, dining and entertainment, is close by, while convenient access to Interstate 4 and SR 417 makes for easy travel to downtown Orlando and the area's world-famous attractions. Enjoy quick access to the beaches and Orlando International Airport. A renovated interior, a new water heater, a first-floor location and a desirable Lake Mary address make this condominium an excellent opportunity.
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The essentials
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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
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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
$198,000
$180 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,100 sq ft
Time on market
18 days
Year built
1991
Monthly payment
About $1,952/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,075 annual tax bill, insurance, and the $646.89/mo HOA fee.
HOA fee
$646.89/mo
Managed by Regency Park at Lake Mary.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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