

Overview
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About this home
Royal Palm Dr #15 is a home in Garden City Ph 01b Tr A, Groveland. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,500 annually.
Take advantage of a 1% of the loan amount lender credit towards buy downs or closing costs when utilizing seller's preferred lender. BACK ON MARKET! Discover the perfect opportunity to design and build your dream home on this exclusive waterfront lot in the prestigious gated community of Garden City. Nestled along the shores of Cherry Lake, Lot 15 offers direct water access with the ability to build your own private dock—ideal for boating, fishing, and enjoying breathtaking lakefront sunsets. With utilities already run to the front of the site, you’ll save time and money when beginning your custom build. Garden City is known for its luxury standards, with a minimum 3,800 sq. ft. requirement for waterfront homes (3,000 sq. ft. for interior lots), ensuring a consistent, elegant neighborhood feel. Imagine crafting your personal oasis: whether it’s a modern lake retreat, a timeless estate, or a family compound, this lot gives you the space, views, and exclusivity to make it a reality. Waterfront Lot with Dock Potential, Utilities in Place at Front of Lot, Gated Luxury Community, 3,800 Sq. Ft. Minimum Build for Waterfront. Don’t miss this rare chance to own waterfront property in one of Groveland’s most desirable communities.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$275,000
Time on market
404 days
Monthly payment
About $1,907/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,529 annual tax bill, insurance, and the $1,500/yr HOA fee.
HOA fee
$1,500/yr
Managed by Specialty Management Company.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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