718 SUGAR BAY WAY UNIT 106, LAKE MARY, FL, 32746
Active3 days on marketListed Sep 24, 2026MLS #O6443903
About this home
718 SUGAR BAY WAY UNIT 106
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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,100
Sqft
0.02 ac
Lot size
1991
Year built
One
Levels
$180
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.
$2,233 /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
$2,233/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
+6.5%
$/sqft vs REGENCY PARK AT LAKE MARY A CONDO
$180 vs $200
Days on market
3 vs 35 typical
Where $180/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 →
LAKE MARY 32746 — neighborhood snapshot
Population
45,970
Median age
43.8
Median income
$111,534
Median home value
$420,200
Avg household
2.41
Households w/ children
5,472
For the school run
Seminole County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Mary market
$446K → $488K
Lake Mary median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
8 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 50% below the LAKE MARY 32746 median. See the full Lake Mary market guide →
Paper trail
This home's history
Reality check
What actually sold near 718 SUGAR BAY WAY UNIT 106
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$195,000
2580 GRASSY POINT DRIVE UNIT 106 · same community
3 bd · 2 ba · 1,100 sqft · $177/sqft · 84 DOM
Sold · Aug ’26$185,000
712 SECRET HARBOR LANE UNIT 104 · same community
3 bd · 2 ba · 1,103 sqft · $168/sqft · 225 DOM
Sold · Jul ’26$132,000
709 SECRET HARBOR LANE UNIT 213 · same community
2 bd · 2 ba · 954 sqft · $138/sqft · 92 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
Frederick Paige
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 718 SUGAR BAY WAY UNIT 106 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 718 SUGAR BAY WAY UNIT 106 — before you fall in love.
See it in person
Schedule a tour
Live availability from Frederick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
718 SUGAR BAY WAY UNIT 106 FAQs
What would the monthly payment be for 718 SUGAR BAY WAY UNIT 106?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,233/mo — principal and interest, the actual property-tax bill, the $647/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 718 SUGAR BAY WAY UNIT 106?+
The association fee works out to $647 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 718 SUGAR BAY WAY UNIT 106?+
The most recent tax bill on record (2025) was $2,075. 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 718 SUGAR BAY WAY UNIT 106?+
The listing reports pets: Yes. 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 $198,000, this home is listed about 59% below the Lake Mary median of $485,000. The market section on this page shows how the area is trending.
Which schools are assigned to 718 SUGAR BAY WAY UNIT 106?+
Lake Mary High School (high), Heathrow Elementary School (elementary), Markham Woods Middle School (middle) — Seminole County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the LAKE MARY 32746 market on paper
$198,000 is 50% below the LAKE MARY 32746 median of $395,000, and at $180/sqft it sits under the Lake Mary average of $258.
02Park/Greenbelt views
The park/greenbelt view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $647/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Fresh on the market
Only 3 days on market in a Lake Mary market that averages 35 — if it fits, move quickly.
05Strong assigned schools
Lake Mary High School, Heathrow Elementary School, Markham Woods Middle School — Heathrow Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of PREMIER SOTHEBYS INT'L REALTY · Mel Bernstein. MLS #O6443903.
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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