3 months on rocket

711 Sugar Bay Way Unit 113, Lake Mary, FL, 32746

$164,900

Home List Price

$1,958*

Closing Credit

1 Bedroom
1 Full Bath
648 SqFt
$254/SqFt
Condo
Schools Nearby

Location

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711 Sugar Bay Way Unit 113, Lake Mary$164,900

Buyer Closing Credits

$1,958*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1991
HeatingCentral, Electric
CoolingCentral Air
MLS #S5098186
Lot Size0.01 Acres
StatusActive

About 711 Sugar Bay Way Unit 113

A valuable investment opportunity! This condo is currently tenet occupied and income producing. This net positive cash flow ready condo is all NEW recently updated exterior and is situated in the desirable Regency Park community in Lake Mary, known for its resort-style amenities and convenient location. The open floor-plan design creates a spacious and inviting atmosphere. The kitchen is very functional space for cooking and meal preparation. The dining area is adjacent to the kitchen, making it easy to entertain and dine with family and friends. The great room features soaring vaulted ceilings, enhancing the sense of space and openness. The condo offers a sizable balcony where you can enjoy outdoor relaxation and nice views. The condo features laminate wood flooring throughout, which is both aesthetically pleasing and easy to maintain. The condo is part of Regency Park, which offers affordable fees that grant access to a range of amenities, including a clubhouse, 2 pools, fitness center, tennis courts, playground, shade trees, and park benches. The condo's central location is convenient for accessing major highways (I-4), beaches, shopping, and dining, making it well-suited for a variety of lifestyles. This condo could serve as a great home for you or a valuable rental investment.

Property Details

Property Features

Property Information:

  • Year Built: 1991
  • Stories: 1
  • Living Area: 648 SqFt

Listing Office:

  • Office Name: LA ROSA REALTY THE ELITE LLC
  • Office Phone: (813) 805-6700
  • Listing Agent: Kenny Medina

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Private Mailbox, Sliding Doors

Virtual/3D Tour

  • Virtual Tour: 711 Sugar Bay Way Unit 113

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Mary High School, Public District Grades 8-12
  • Seminole County Virtual Franchise (Scvs), Public District Grades 5-12
  • Greenwood Lakes Middle School, Public District Grades 6-8
  • Lake Mary Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 1-4 exit Lake Mary-turn right on Lake Mary then Right on Lake Emma

Price Information

Listing Price Info

Price Summary:

  • List Price: $164,900
  • Price Per SqFt: $254/SqFt

HOA Fees:

  • Amount: $264
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,015
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Mary, FL.

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Lake Mary, FL

City

Med. Sold Price

$456.3K

Med. Price/SqFt

$244

Avg. Days On Market

37

# of Sold Homes

36

711 Sugar Bay Way Unit 113 vs Lake Mary

98 DAYS ON ROCKET

+61 Days

$164,900

-$291.4K Less

$254/SqFt

+$9 More

KEY TAKEAWAY

This property is $291.4K less than the Median Sold Price and $9/SqFt more than other homes in Lake Mary, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #S5098186

Listing Office:

  • Office Name: LA ROSA REALTY THE ELITE LLC
  • Office Phone: (813) 805-6700
  • Listing Agent: Kenny Medina

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/30/2024, 11:49:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2013Home Sold
$73,000
Sep 24, 2012Home Sold
$34,000
May 30, 2006Home Sold
$111,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,015$73,810
2018$861$60,390
2017$805$55,693

History based on county public records data.

Payment Calculator

$1,155

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4101182
7
/10

  • Lake Mary Elementary School

  • 132 S Country Club Rd

  • 2.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4101183
4
/10

  • Greenwood Lakes Middle School

  • 601 Lake Park Dr

  • 0.97 miles

  • Public District Grades 6-8

High School

school-card-donut-4101184
5
/10

  • Lake Mary High School

  • 655 Longwood Lake Mary Rd

  • 1.20 miles

  • Public District Grades 8-12

school-card-donut-4101185
7
/10

  • Seminole County Virtual Franchise (Scvs)

  • 400 E Lake Mary Blvd

  • 4.60 miles

  • Public District Grades 5-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,727. Residents of Lake Mary, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 711 Sugar Bay Way Unit 113

What is the listing price of this property?

The listing price of 711 Sugar Bay Way Unit 113 property is $164,900.

What type of property is this?

The property 711 Sugar Bay Way Unit 113 is a condo located in Lake Mary, Florida, 32746.

Is this property for sale now?

Active Listing: 711 Sugar Bay Way Unit 113 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 711 Sugar Bay Way Unit 113 are:
Lake Mary Elementary School: GreatSchools Rating 7/10
Greenwood Lakes Middle School: GreatSchools Rating 4/10
Lake Mary High School: GreatSchools Rating 5/10
Seminole County Virtual Franchise (Scvs): GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,015 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 16, 2013 for $73,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 711 Sugar Bay Way Unit 113 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 711 Sugar Bay Way Unit 113 is 648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 711 Sugar Bay Way Unit 113 is 1991.

Rocket Homes›Florida›Seminole County›Lake Mary›32746›711 Sugar Bay Way Unit 113

This home is located at 711 Sugar Bay Way Unit 113 in Lake Mary, FL and zip code 32746 in the Regency Park at Lake Mary Condominium neighborhood. This 648 square foot home, which was built in 1991, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $164,900.

In March 2024, from all listings sold in Lake Mary, FL there were more than 2 sold above asking price, over 32 sold below and more than 2 were sold right at the asked price. In March 2024 in Lake Mary, FL there were 0.5% more homes for sale than in February 2024. Listings spent 37 days on the market in March 2024, and had a median list price of $456,333 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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