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$699,000

16727 ROYAL PALM DRIVE, GROVELAND, FL 34736

Active168 days on market

Beds

4

Baths

5

Sq Ft

3,745 sq ft

Year Built

1994

Lot Size

0.54 acres

Garage

2

About This Property

Virtually Staged. Seller offering up to $30,000 in closing costs and/or prepaids. Stunning Mediterranean-style pool home on a ½-acre lot in an exclusive gated executive community with lake access and scenic lake views. Dual sunrise and sunset balconies welcome you upon arrival. Inside, enjoy cathedral ceilings in the foyer and family room, high ceilings with indirect lighting in the formal living and dining rooms. The first-floor primary suite offers a private retreat with walk-in closets, double vanities, and jetted garden tub. All secondary bedrooms are oversized. Recently renovated kitchen, updated flooring throughout, and a newer tile roof add value and peace of mind. Outdoor living shines with a large heated screened-in pool, expansive deck, and fruit trees.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6381494
StatusActive
Year Built1994
Total Rooms9
ConstructionBlock, Stucco
RoofTile
FoundationSlab
FacesSouthwest
SubdivisionGARDEN CITY PH 01B TR A
CountyLake
OwnershipFee Simple

Interior Features

InteriorBuilt-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
FlooringCarpet, Ceramic Tile, Hardwood
AppliancesDishwasher, Disposal, Electric Water Heater, Range, Refrigerator, Washer
LaundryInside
WindowsBlinds, Window Treatments
CoolingCentral Air
HeatingCentral, Heat Pump, Zoned
FireplaceYes ()
SecurityGated Community, Smoke Detector(s)

Exterior & Lot

ExteriorBalcony, Irrigation System, Sliding Doors
Lot Size0.54 acres (23,707 sq ft)
Lot Dimensions157 x 161 x 148 x 157
Lot FeaturesGentle Sloping, In County, Landscaped, Oversized Lot
Road SurfacePaved, Asphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesDeck, Heated, In Ground, Screen Enclosure

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesBB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights, Water Connected

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$1,775 / Annually
Senior CommunityNo

Financial Details

List Price$699,000
Original Price$900,000
Annual Taxes$6,664 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningPUD
Parcel #082225100500002700

Schools

ElementaryGroveland Elem
MiddleGray Middle
HighSouth Lake High

Directions

Turnpike Exit 285. Continue straight to FL-19 S, turn left on Cherry Lake Rd, then right on Royal Palm. Home will be on the left.

Location

16727 ROYAL PALM DRIVE, GROVELAND, FL 34736

Listing Information

OfficeHOMEVEST REALTY
ListedFebruary 10, 2026

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Home Price

$699,000

20% ($139,800)
6.75%

Loan Term

Principal & Interest$3,627
Property Tax (est.)$641
Insurance (est.)$150
Total Monthly$4,418
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $699,000 home in GROVELAND.

🏛️

FHA Loan

$24,465 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$34,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 28, 2026.

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