$150,000

2585 Grassy Point Dr Unit 103 Lake Mary, FL 32746

$1,781
Closing credit¹
1 bed
1 full
648 sqft
0.01 acres
$231 / sqft
Condo

Property details

About 2585 Grassy Point Dr Unit 103

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!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size648 sqft
Lot size0.01 Acres
Year built1991
ParkingGuest, None, Open
MLS #S5124301

Virtual tour

Summary

  • MLS Number: S5124301
  • MLS Name: MFRMLS
  • Office Name: MY REALTY GROUP, LLC.
  • Office Phone: (786) 847-7421
  • Listing Agent: Gilgra Valduz Sandoval

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2025, 8:19:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with stairs

$150,000

2585 Grassy Point Dr Unit 103

$1,781

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 03, 2015
Home Sold
$67,000
Jul 15, 2015
Home Sold
$58,000
Aug 25, 2011
Home Sold
$28,500
Apr 25, 2006
Home Sold
$107,000

Tax history

YearAssessmentProperty Tax
2023$117,425$1,372
2022$95,953$1,200
2021$76,494$1,200
2020$72,698$1,025
2018$60,390$870
2017$55,693$813

History based on county public records data.

Nearby schools

5

Crystal Lake Elementary School

Public District KG-5

1.8 mi

231 Rinehart Rd

9

Woodlands Elementary School

Public District KG-5

1.8 mi

1420 Ee Williamson Rd

6

Lake Mary Elementary School

Public District KG-5

2.3 mi

132 S Country Club Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,727. Residents of Lake Mary, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
60%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
15%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
44%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Extreme SportsExtreme Sports
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Sam's ClubSam's Club
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • QdobaQdoba
  • White CastleWhite Castle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolkswagenVolkswagen
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2585 Grassy Point Dr Unit 103

This home is located at 2585 Grassy Point Dr Unit 103 in Lake Mary, FL and zip code 32746 in the Regency Park at Lake Mary Condominium neighborhood. This 648 square foot home, which was built in 1991, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $150,000.

Over 6 listings were sold over their listed price in March 2025 in Lake Mary, FL. In the same period over 29 listings were sold below the listed price and 13 listings were sold for the listed price. The number of homes for sale in Lake Mary, FL increased by 16.4% between February and March 2025. Listings spent 54 days on the market in March 2025, and had a median list price of $484,853 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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