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2585 Grassy Point Drive Unit 103

LAKE MARY, FL 32746

1 bed
1 bath
648 sqft
371 sqft lot
$231 per sqft
1991 build
– on site

Investor Opportunity in Lake Mary – Immediate Rental Income! Located in the highly sought-after gated community of Regency Park at Lake Mary, this 1 bed / 1 bath condo offers an exceptional investment opportunity with a long-term tenant in place through December 2025. The rent is paid through a Seminole County assistance program, ensuring consistent monthly income and added peace of mind for investors. This unit is ideally situated on the ground floor, just minutes from I-4 and surrounded by premier shopping, dining, and entertainment. Zoned for top-rated Seminole County schools and only 10 minutes from Heathrow and 25 minutes from Downtown Orlando. Regency Park amenities include: Two resort-style swimming pools Two fitness centers Two tennis courts Gated entrances Fishing pier on Greenwood Lake Boat parking Onsite laundry facilities Playground and clubhouse With low HOA fees, a stable tenant, and an unbeatable Lake Mary location, this condo is the perfect turnkey investment. Don’t miss your chance to own in one of Central Florida’s most desirable rental markets!

Listing courtesy of STELLAR_MLS / MY REALTY GROUP, LLC.

Last checked: Checking… • Last updated Apr 18, 2025 •

MLS# S5124301 —

The Building

Year Built:

1991
New Construction:

false
Construction Materials:

Other
Building Elevator:

false
Levels:

One
Stories Total:

2
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Blinds
Patio And Porch Features:

Deck
Security Features:

Smoke Detector(s)
Floor Number:

1
Unit Number:

103
Building Area Total:

740
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

648
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Lake Mark Blvd., South on Lake Emma Rd, left onto Secret Harbor, left on Grassy Point, Bldg 19 is on the left.
Latitude:

28.738877
Longitude:

-81.356718
Coordinates:

-81.356718, 28.738877

The Property

Parcel Number:

19203052019001030
Property Type:

Residential
Property Subtype:

Condominium
Lot Features:

Sidewalk
Lot Size Acres:

0.01
Lot Size Area:

371
Lot Size SqFt:

371
Lot Size Units:

Square Feet
Zoning:

PUD
Direction Faces:

South
View:

false
Exterior Features:

Private Mailbox
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

1030
Tax Block:

1900
Tax Legal Description:

BLDG 19 UNIT 103 REGENCY PARK AT LAKE MARY A CONDOMINIUM ORB 6016 PG 1
Tax Book Number:

6016/1
Tax Annual Amount:

$1,508

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/S5124301
Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

Longwood Elementary
Middle Or Junior School:

Greenwood Lakes Middle
High School:

Lake Mary High

The Community

Subdivision Name:

REGENCY PARK AT LAKE MARY A CONDO
Senior Community:

false
Community Features:

Pool
Waterview:

false
Water Access:

false
Water Extras:

Fishing Pier
Waterfront:

false
Pool Private:

false
Pets Allowed:

Breed Restrictions
Pet Restrictions:

BUYER OR BUYER'S REPRESENTATIVE IS RESPONSIBLE TO VERIFY REQUIREMENTS WITH HOA.
# of Pets:

2
Max Pet Weight:

100
Association:

true
Association Fee Frequency:

Monthly
Association Fee Includes:

Community Pool
Association Fee Requirement:

Required
Association Fee 2:

115
Association Fee 2 Frequency:

Semi-Annually
Condo Fees:

384
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

384
Ownership:

Fee Simple
Association Approval Required:

true

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Guest

Monthly cost estimate

Asking price

$150,000

Expense	Monthly cost
Mortgage	$803
Taxes	$125
Insurance	$41
Utilities	$108 See report
Total	$1,077/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/16/25 Apr 16, 2025	Listed / Active	STELLAR_MLS	$150,000
1/3/08 Jan 3, 2008	Sold	STELLAR_MLS

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This condo located in FL 32746 is currently for sale for $150,000. 2585 Grassy Point Drive Unit 103 is a 648 square foot condo with 1 bed and 1 bath that has been on Estately for 5 days. This condo is in the attendance area of Longwood Elementary School, Greenwood Lakes Middle School, and Lake Mary High School.

Listing Courtesy of: STELLAR_MLS and MY REALTY GROUP, LLC..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.