14 days on rocket

16623 Royal Palm Dr, Groveland, FL, 34736

$1,399,500

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,106 SqFt
$341/SqFt
House
Schools Nearby

Location

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16623 Royal Palm Dr, Groveland$1,399,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2007
HeatingCentral, Electric, Heat Pump, Zoned
CoolingCentral Air, Zoned
FireplaceGas, Primary Bedroom
Private PoolYes
MLS #O6206598
Lot Size0.52 Acres
StatusActive

About 16623 Royal Palm Dr

Proudly presenting an absolute masterpiece, located in the exclusive gated community of Garden City, in the trending and growing town of Groveland! This custom Mediterranean style home embodies lake life, vast views, gorgeous sunsets, and an interior lifestyle that draws you in, and keeps you there! With attention-getting curb appeal, the home showcases a beautiful tile roof, a circular driveway with brick pavers and a fountain centerpiece. A 3-car side entry garage compliments the elevation and design. 1/3 of the garage is even under air, with its own private access door! The home boasts 5 bedrooms, 4.5 baths, an in-law suite with built-in bar, which can serve as a small kitchen. Complete with balcony overlooking the lake, AND a massive entertaining space with outdoor kitchen, grill, hood, wine refrigerator, heated pool & spa and much more. The pool features a built-in cleaning system, providing very low maintenance for what certainly shows as a high maintenance private outdoor oasis! The layouts of the kitchen, living, family, and dining rooms are inviting, yet laced with sophistication. A custom-built gas-burning fireplace in the primary bedroom is a must experience, situated ideally between the therapeutic spa tub and the main primary bedroom area. The home is fully equipped with a state-of-the-art security & camera system, and will give you the peace of mind you deserve. Garden City is an exclusive community with multi million dollar homes all situated on and around Lake Stewart, with one of the highest elevations in all of Central Florida. Come see why so many have come to call Garden City 'home' and do it in style by placing your offer and making this your new private retreat today!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 4,106 SqFt

Listing Office:

  • Office Name: WHITTY REAL ESTATE GROUP LLC
  • Office Phone: (844) 494-4889
  • Listing Agent: Kamala Whitty

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Carpet, Other, Wood
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Fireplace: Gas, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 16623 Royal Palm Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • South Lake High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Groveland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: SR 50 (Groveland) North on CR 19, right on Cherry Lake Rd, approx .5 mile to Garden City entrance. (use GPS always recommended)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,500
  • Price Per SqFt: $341/SqFt

HOA Fees:

  • Amount: $1550
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,155
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Groveland, FL.

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Groveland, FL

City

Med. Sold Price

$385K

Med. Price/SqFt

$207

Avg. Days On Market

53

# of Sold Homes

45

16623 Royal Palm Dr vs Groveland

14 DAYS ON ROCKET

-39 Days

$1,399,500

+$1.0M More

$341/SqFt

+$133 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $133/SqFt more than other homes in Groveland, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6206598

Listing Office:

  • Office Name: WHITTY REAL ESTATE GROUP LLC
  • Office Phone: (844) 494-4889
  • Listing Agent: Kamala Whitty

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 7:19:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 27, 2005Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,155$307,669
2019$4,268$300,752
2018$4,096$295,145
2017$3,998$289,075

History based on county public records data.

Payment Calculator

$7,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,262

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6618886
1
/10

  • Groveland Elementary School

  • 930 Parkwood Ave

  • 2.62 miles

  • Public District Grades PK-5

High School

school-card-donut-6618887
4
/10

  • South Lake High School

  • 15600 Silver Eagle Rd

  • 1.42 miles

  • Public District Grades 9-12

school-card-donut-6618888
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 16.56 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,961. Most Groveland, FL residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16623 Royal Palm Dr

What is the listing price of this property?

The listing price of 16623 Royal Palm Dr property is $1,399,500.

What type of property is this?

The property 16623 Royal Palm Dr is a house located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: 16623 Royal Palm Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16623 Royal Palm Dr are:
Groveland Elementary School: GreatSchools Rating 1/10
South Lake High School: GreatSchools Rating 4/10
Lake Virtual Franchise: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,155 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 27, 2005 for $185,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16623 Royal Palm Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 16623 Royal Palm Dr is 4,106 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16623 Royal Palm Dr is 2007.

Rocket Homes›Florida›Lake County›Groveland›34736›16623 Royal Palm Dr

This home is located at 16623 Royal Palm Dr in Groveland, FL and zip code 34736 in the Garden City neighborhood. This 4,106 square foot home, which was built in 2007, sits on a 0.52 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $1,399,500.

Over 6 listings were sold over their listed price in April 2024 in Groveland, FL. In the same period over 26 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Groveland, FL between March 2024 and April 2024 decreased by 1.4%. While the average time on the market in April 2024 was 53 days, the median list price was $385,000.

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

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