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. Dont miss your chance to own in one of Central Floridas most desirable rental markets!
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 12 x 12
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 14 x 13
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Ceiling Fans(s)
- Kitchen/Family Room Combo
- Furnished Description: Unfurnished
- Flooring: Carpet, Ceramic Tile
- Window Features: Blinds
Appliances
- Dishwasher
- Dryer
- Range
- Refrigerator
- Washer
- Laundry Features: Inside
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Kitchen Dimensions: 8 x 8
- Kitchen Level: First
Exterior and Lot Features
- Private Mailbox
- Sidewalk
- Tennis Court(s)
- Patio And Porch Features: Deck, Patio, Porch, Screened
- Road Surface Type: Paved
Land Info
- Lot Description: Sidewalk, Paved
- Lot Size Acres: 0.01
- Lot Size Square Feet: 371
Garage and Parking
- Parking Features: Guest, Open
Homeowners Association
- Association: Yes
- Association Fee Frequency: Monthly
- Association Fee 2: 115
- Association Fee 2 Frequency: Semi-Annually
- Association Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
- Calculated Total Monthly Association Fees: 403
- Association Name: Regency Park at Lake Mary Condo
- Association Name 2: The Crossings Master Assn
- Association Phone: 4073288208
- Pets Allowed: Breed Restrictions, Yes
- Pet Description: Pet Restrictions: BUYER OR BUYER'S REPRESENTATIVE IS RESPONSIBLE TO VERIFY REQUIREMENTS WITH HOA., Pet Size: Large (61-100 Lbs.), Max Pet Weight: 100, Number Of Pets: 2
School Information
- Elementary School: Longwood Elementary
- High School: Lake Mary High
- Middle School: Greenwood Lakes Middle
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 7 Months
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 1508
- Source Listing Status: Active
- County: Seminole
- Directions: From Lake Mark Blvd., South on Lake Emma Rd, left onto Secret Harbor, left on Grassy Point, Bldg 19 is on the left.
- Tax Year: 2024
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 32746 - Lake Mary / Heathrow
- Property Subtype: condo
- Source Neighborhood: REGENCY PARK AT LAKE MARY A CONDO
- Parcel Number: 19-20-30-520-1900-1030
- Postal Code Plus 4: 6545
- Subdivision: REGENCY PARK AT LAKE MARY A CONDO
- Township: 20
- Zoning: PUD
- Property Features: Condo Fees: 384 Monthly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 648
- Year Built: 1991
- Building Area Source: Public Records
- Building Area Total: 740
- Building Name: 19
- Direction Faces: South
- Foundation Details: Slab
- Levels: One
- Property Age: 34
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- Cable Available
- Water Source: Public
Home Features
- Security Features: Smoke Detector(s)