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2585 Grassy Point Drive , #103

Lake Mary, FL 32746
  • $145,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: S5124301
Price Reduced
UPDATED: 78 min ago
$145,000
  • 1
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 648
    SQFT
  • $224
    $/SQFT
Type:
Condo
Built:
1991
County:

School Information

Elementary School:
Middle School:
High School:

Description

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!

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2025-06-18T06:46:00.167.
www.floridasuncoasthouses.com/homes/162673982
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2585 Grassy Point Drive , #103 Lake Mary, FL 32746

  • Price: $145,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 78 min ago
  • MLS #: S5124301
1
Beds
1
Baths
0
½ Baths
0.01
Acres
648
SQFT
$224
$/SQFT
1991
Built
Neighborhood:
Regency Park At Lake Mary A Condo
County:
Seminole
Area:
Lake Mary / Heathrow
Elementary School:
Longwood Elementary
Middle School:
Greenwood Lakes Middle
High School:
Lake Mary High
Property Description
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!
Exterior Features

Carport Yn No Construction Materials Other Direction Faces South Exterior Features Private MailboxSidewalkTennis Court(s) Foundation Details Slab Lot Features Sidewalk Open Parking YN Yes Parking Features GuestNoneOpen Patio And Porch Features DeckPatioPorchScreened Pool Private Yn No Road Frontage Type Street Paved Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Fishing Pier Water Extras Yn Yes Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDryerRangeRefrigeratorWasher Building Area Total 740 Building Elevator Yn No Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetCeramic Tile Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Kitchen/Family Room Combo Laundry Features Inside Levels One Rooms Primary Bedroom (Walk-In Closet(s)) Living Room Kitchen (Breakfast Bar) Sewer Public Sewer Stories Total 2 Water Source Public Window Features Blinds

Property Features

Additional Lease Restrictions Contact Regency Park Condo office for Lease restrictions Approval Process Contact Regency Park Condo office for Approval process Association Approval Required Yn Yes Association Fee Frequency Monthly Association Fee Includes Community PoolMaintenance StructureMaintenance GroundsRecreational Facilities Association Fee Requirement Required Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Building Name Number 19 Cdd Yn No Community Features Pool Condo Fee Monthly Amount 384 Condo Fees 384 Condo Fees Term Monthly Condo Land Included Yn No Down Payment Resource Yes Flood Zone Code X Floor Number 1 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Max Pet Weight 100 Minimum Lease 7 Months Month To Month Or Weekly Yn No New Construction Yn No Number Of Pets 2 Ownership Fee Simple Pet Restrictions BUYER OR BUYER'S REPRESENTATIVE IS RESPONSIBLE TO VERIFY REQUIREMENTS WITH HOA. Pet Size Large (61-100 Lbs.) Pets Allowed Breed RestrictionsYes Property Sub Type Condominium Security Features Smoke Detector(s) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1508 Total Annual Fees 4838 Total Monthly Fees 403.17 Utilities Cable Available Yrs Of Owner Prior To Leasing Re No Zoning PUD


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of MY REALTY GROUP, LLC.: 786-847-7421.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. 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 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. Data last updated 2025-06-18T06:46:00.167.
 
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