16727 Royal Palm Dr, photo 1
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Overview

4 bd5 ba3,745 sqft2 car garageSingle Family
TypeSingle Family
HOA$1,775/yr
Built1994
Lot23,707 sqft
Living area3,745 sqft
Price / sqft$180
Garage2 car

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About this home

Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Eat-in KitchenHigh CeilingsOpen FloorplanPrimary Bedroom Main FloorSolid Surface Counters

16727 Royal Palm Dr is a 1994-built home in Garden City Ph 01b Tr A, Groveland. Inside you'll find 4 bedrooms, 5 bathrooms, and 3,745 square feet of living space. Listed at $675,000 (about $180/sqft), 242 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,775 annually.

From the listing

One or more photo(s) has been virtually staged. 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.

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The essentials

Built
1994
Price / sqft
$180
On market
242 days
Annual tax
$6,664
HOA
$1,775/yr
Flood zone
X · Low risk
Lot
23,707 sqft
Type
Single Family Residence

At a glance

Single family
Built 1994
Water views
Water
Private pool
Heated
2 car garage
Driveway
0.54 acres
Lot size

Payment

Est. monthly payment
$4,561/mo
Down payment (20%)
$135,000
Property taxes
$555/mo
HOA
$1,775/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1994
Lot
23,707 sqft
Cooling
Central Air
Heating
Central, Heat Pump, Zoned
Parking
Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Oversized
Pool
Deck, Heated, In Ground, Screen Enclosure
Days on Market
242
Built-in Features
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-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
Balcony
Deed Restrictions
Irrigation-reclaimed Water
Park
Street Lights
Dishwasher
Disposal
Electric Water Heater
Range
Refrigerator
Washer
Elementary
Groveland Elem
Middle
Gray Middle
High
South Lake High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$6,664
Parcel #
082225100500002700

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Garden City Ph 01b Tr A
County
Lake
MLS Area
34736 - Groveland
Lot Size
23,707 sqft
Gentle SlopingIn CountyLandscapedOversized LotPavedPrivate
HOA
$1,775/yr
Garden City Homeowners Association

Price history

Date
Event
Price
9/21/2026
Price change
Source: Stellar MLS #O6381494
$675,000-3.4%
$180/sqft
-
Price change
Source: Stellar MLS #O6381494
$699,000-22.3%
$187/sqft
2/10/2026
Listed for sale
Source: Stellar MLS #O6381494
$900,000
$240/sqft

Neighborhood

16727 Royal Palm Dr
Groveland, FL, 34736 · 34736 - Groveland

Market insights

Offer Insights

Choose an offer strength

List price: $675,000
$670,000 – $675,000
99.5% – 100% of listTops out right at the list price
80% of listList price
174 of the last 287 home closings in 34736 landed at this number or higher (61%). The median one sat 38 days before it went under contract, and this one is on day 242 after a $225,000 cut.

Sample: 287 closed home sales in 34736 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$4,561/mo
Principal & interest$3,520
Property taxes$555
Insurance$338
HOA$148
Down payment20% · $135,000
Interest rate6.80%
Loan term

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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

$675,000

$180 per sq ft

Beds and baths

4 beds, 5 baths

Size

3,745 sq ft

Time on market

242 days

Year built

1994

Monthly payment

About $4,561/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,664 annual tax bill, insurance, and the $1,775/yr HOA fee.

HOA fee

$1,775/yr

Managed by Garden City Homeowners Association.

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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Brokered byHOMEVEST REALTYListing agent: Erica DiazListing data from Stellar MLS, MLS# O6381494.

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