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2565 Grassy Point Dr Unit 107, Lake Mary, FL, 32746

1beds
1baths
674sqft
$149,955
$222price/sqft
$1,255/moest. monthly cost
$50,200/yrincome needed

About This Home

Remodeled unit with stunning water views at a gated community, on a 1st floor next to I-4. Don't miss this opportunity to own a well-located condo in the highly desirable Regency Park at Lake Mary, a gated community with strong rental appeal. Its prime location near I-4, major employers, shopping, dining, and highly rated schools makes it attractive to a quite relaxing life or a great long-term tenants investment. The unit features an open floor plan, a private balcony with lake views, a spacious walk-in closet, new kitchen, appliances and granite countertops—features that help attract and retain quality renters. Residents enjoy access to resort-style amenities, including: - Two swimming pools and spa - Fitness center - Tennis courts - Clubhouse - Playground - Scenic lake with fishing pier and canoe access - Gated entry - Car wash station - Beautifully landscaped grounds With its desirable location, attractive amenities, and consistent rental demand in the Lake Mary market, this property presents an excellent opportunity for investors seeking long-term appreciation and reliable rental income. Flor inf. Call 407 920 5720..

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

5/10
3/10
Millennium Middle SchoolGrades 6-87.2 mi
5/10
Seminole High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Footing
  • Roof: Composition
  • Construction materials: wood frame

Type & Style

  • Home type: Condo

Interior

Appliances

  • Appliances included: Dishwasher,Garbage disposal,Microwave,Range / Oven,Refrigerator

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Other

Heating & Cooling

  • Heating features: Other,Electric
  • Cooling features: Central

Interior Area

  • Total interior livable area: 674 sqft

Property

Details

  • Parcel number: 19203052028001070

Features

  • Exterior features: Other,Shingle

Lot

  • Lot size: 479 sqft

Parking

  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Tornado
Hurricane
Inland Flooding
Lightning
Strong Wind
Wildfire

FEMA Declared Disasters in Seminole County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$105$1,260
Property Taxes $195$2,340
Electricity $197$2,366
Total$1,255$15,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,028/yr
40% on housing$37,650/yr
45% on housing$33,466/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 32746$218
Seminole County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 32746$250
Seminole County$241

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$129,995
2026-08-07Price change$129,995
2026-08-07Listing removed$1,399
2026-07-31Listed for rent$1,399
2026-07-25Listed for sale$149,955
2009-12-16Sold$37,000
2009-09-27Price change$29,000
2009-09-19Listed for sale--

For Sale by Owner

AgentProperty Owner

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