For SaleRisky Deal0 days on market
718 SUGAR BAY WAY #106
718 SUGAR BAY WAY #106, LAKE MARY, FL 32746, Lake Mary, FL 32746
$198,000
Listing Price
718 SUGAR BAY WAY #106, LAKE MARY, FL 32746
Loc: Lake Mary, FL
Days Listed
0
Tax Assessed
$204k
Lot Size
873 sqft
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Longwood Elementary School
PK-5
2.9 mi away
7
Greenwood Lakes Middle School
6-8
1 mi away
5
Lake Mary High School
9-12
1.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
multi-family residentialapartment complextwo-storyexterior stairwaybalconiesvertical sidingcoastal aestheticwood constructionshaded groundslandscaped shrubberyresidential communityoutdoor breezewaymulched garden beds
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.47%
Total ROI
77.8%
Cash Flow
$-124/mo
DSCR
0.88
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-124/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lake Mary, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $198,000 | $180 |
| 2021-04-15 | Sold | $157,000 | $143 |
| 2021-03-15 | Pending sale | $165,000 | $150 |
| 2021-03-09 | Listed for sale | $165,000 | $150 |
| 2018-08-13 | Sold | $130,000 | $118 |
| 2018-02-24 | Listed for sale | $139,900 | $127 |
| 2015-01-25 | Listing removed | $1,045 | $1 |
| 2015-01-22 | Price change | $1,045 | $1 |
| 2014-12-16 | Listed for rent | $1,095 | $1 |
| 2014-09-16 | Sold | $89,900 | $82 |
| 2014-06-03 | Listing removed | $89,900 | $82 |
| 2014-05-11 | Listed for sale | $89,900 | $82 |
| 2014-04-23 | Sold | $40,100 | $36 |
| 2006-12-13 | Sold | $189,000 | $172 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,088.39 | $192,536 |
| 2024 | $1,943.06 | $187,110 |
| 2023 | $2,353.05 | $172,141 |
| 2022 | $2,098.25 | $156,492 |
| 2021 | $1,754.66 | $124,740 |
| 2020 | $1,585.28 | $113,400 |
| 2019 | $1,609.53 | $113,400 |
| 2018 | $1,609.53 | $95,823 |
| 2017 | $1,297.09 | $77,679 |
| 2016 | $1,142.49 | $77,112 |
| 2015 | $1,178.12 | $75,978 |
| 2014 | $1,178.12 | $68,040 |
| 2009 | $1,506.05 | $96,390 |
| 2008 | $2,390.89 | $158,760 |
| 2007 | $2,512.11 | $170,100 |
| 2006 | $2,777.74 | $172,368 |
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