731 SUGAR BAY WAY UNIT 103, LAKE MARY, FL, 32746
Active134 days on marketListed Apr 2, 2026MLS #O6395068
About this home
731 SUGAR BAY WAY UNIT 103
One or more photo(s) has been virtually staged. FIRST-FLOOR CORNER CONDO | GATED REGENCY PARK in the desirable Lake Mary. Discover the comfort and convenience of this bright and spacious first-floor corner unit in the 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, and access to resort-style amenities. NEW AC, NEW FLOORING 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!
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
851
Sqft
0.01 ac
Lot size
1991
Year built
Two
Levels
$206
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,935 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,935/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+13%
$/sqft vs REGENCY PARK AT LAKE MARY A CONDO
$206 vs $216
Days on market
134 vs 49 typical
Where $206/sqft sits among the 14 homes for sale in REGENCY PARK AT LAKE MARY A CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Mary
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Mary. See the full Lake Mary guide →
The numbers that matter
The Lake Mary market
$446K → $488K
Lake Mary median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
7 of 14
REGENCY PARK AT LAKE MARY A CONDO have cut their price
Median sold price, Lake Mary, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 58% below the Lake Mary median. See the full Lake Mary market guide →
Paper trail
This home's history
Reality check
What actually sold near 731 SUGAR BAY WAY UNIT 103
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$148,000
2604 GRASSY POINT DRIVE UNIT 204 · same community
2 bd · 1 ba · 851 sqft · $174/sqft · 42 DOM
Sold · Mar ’26$145,000
715 SUGAR BAY WAY UNIT 107 · same community
2 bd · 1 ba · 851 sqft · $170/sqft · 105 DOM
Sold · Aug ’26$150,000
2577 GRASSY POINT DRIVE UNIT 107 · same community
2 bd · 1 ba · 851 sqft · $176/sqft · 246 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 731 SUGAR BAY WAY UNIT 103 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 731 SUGAR BAY WAY UNIT 103 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
731 SUGAR BAY WAY UNIT 103 FAQs
What would the monthly payment be for 731 SUGAR BAY WAY UNIT 103?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,935/mo — principal and interest, the actual property-tax bill, the $500/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 731 SUGAR BAY WAY UNIT 103?+
The association fee works out to $500 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 731 SUGAR BAY WAY UNIT 103?+
The most recent tax bill on record (2024) was $2,017. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 731 SUGAR BAY WAY UNIT 103?+
The listing reports pets: Breed Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Mary?+
At $174,900, this home is listed about 58% below the Lake Mary median of $419,000. The market section on this page shows how the area is trending.
The brief
Five things that matter here
01Under the Lake Mary market on paper
$174,900 is 58% below the Lake Mary median of $419,000, and at $206/sqft it sits under the Lake Mary average of $244.
02Tennis Court views
The tennis court view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $500/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
134 days on market against a Lake Mary median of 49 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $179,000, now $174,900 — a $4K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BHHS FLORIDA REALTY · Francine Arroyo Santowski. MLS #O6395068.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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