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Overview

5 bd5 ba4,106 sqft3 car garageSingle Family
TypeSingle Family
HOA$148/yr
Built2007
Lot22,500 sqft
Living area4,106 sqft
Price / sqft$219
Garage3 car

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About this home

Cathedral Ceiling(s)Ceiling Fans(s)Crown MoldingEat-in KitchenHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main Floor

16623 Royal Palm Dr is a 2007-built home in Garden City Ph 1a, Groveland. Inside you'll find 5 bedrooms, 5 bathrooms, and 4,106 square feet of living space. Listed at $899,000 (about $219/sqft), 31 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $148 annually.

From the listing

Virtually Staged. EXCEPTIONAL LAKE LIVING. RESORT-STYLE ENTERTAINING. UNCOMPROMISING FLORIDA LUXURY. Welcome to 16623 Royal Palm Drive, a commanding Mediterranean-style residence where luxury, privacy, and the Florida waterfront lifestyle come together inside the gated Garden City community of Groveland. Offering more than 4,100 square feet of luxury living space, 5 bedrooms, 4.5 baths, and a 3-car garage, this is not simply a home—it is a lifestyle designed for those who expect more. From the moment you arrive, the paver circular driveway, mature landscaping, and impressive architectural presence set the tone. Double glass entry doors open to soaring ceilings, rich hardwood flooring, dramatic architectural details, and expansive living spaces designed to make an impression. At the heart of the home, the chef-inspired kitchen is equally suited for intimate evenings and large-scale entertaining, featuring granite countertops, stainless steel appliances, abundant cabinetry, and an oversized center island overlooking the main living areas. Natural light pours through the home, while strategically placed windows and doors capture views of the outdoor retreat and surrounding lake setting. The primary suite commands attention as a private owner’s sanctuary, offering generous proportions and an impressive two-sided fireplace that brings warmth, sophistication, and ambiance to the space. The primary bath delivers a relaxing, spa-inspired atmosphere, creating a retreat designed to begin and end each day in comfort. But the true Florida experience begins outdoors. Step into your own private resort, where an expansive screened outdoor living area surrounds the sparkling pool. Entertain effortlessly from the summer kitchen, host unforgettable evenings poolside, or settle into the covered outdoor living space and enjoy the tranquility of your surroundings. This is an outdoor environment created to be enjoyed year-round. For those who want life on the water, Garden City delivers. Residents enjoy access to a community boat ramp, fishing pier, and covered dock, opening the door to boating, fishing, kayaking, paddleboarding, and the unmistakable freedom of Florida lake living. From an early-morning launch to an evening spent watching the water from the dock, the lake becomes an extension of your lifestyle. This home provides exceptional flexibility for family, guests, executive office space, or extended stays—all without sacrificing privacy. Few properties successfully combine this level of space, architectural presence, private resort-style amenities, gated-community living, and lake access in one complete package. Mediterranean architecture. Private pool. Summer kitchen. Two-sided fireplace. Luxury primary retreat. 3-car garage. Community boat ramp. Fishing pier. Covered dock. Lake access. This isn’t simply another luxury home in Central Florida. It’s the home you buy when you’re ready to live the Florida lifestyle at another level

The essentials

Built
2007
Price / sqft
$219
On market
31 days
Annual tax
$4,456
HOA
$148/yr
Flood zone
X · Low risk
Lot
22,500 sqft
Type
Single Family Residence

At a glance

Single family
Built 2007
Private pool
Heated
3 car garage
Circular Driveway
0.52 acres
Lot size
4,106 sqft
Living area

Payment

Est. monthly payment
$5,522/mo
Down payment (20%)
$179,800
Property taxes
$371/mo
HOA
$148/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2007
Lot
22,500 sqft
Cooling
Central Air, Zoned
Heating
Central, Electric, Heat Pump, Zoned
Parking
Circular Driveway, Oversized
Pool
Deck, Gunite, Heated, In Ground, Lighting, Pool Sweep, Salt Water, Screen Enclosure, Tile
Days on Market
31
Cathedral Ceiling(s)
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Tray Ceiling(s)
Vaulted Ceiling(s)
Walk-in Closet(s)
Wet Bar
Window Treatments
Balcony
Lighting
Outdoor Grill
Outdoor Kitchen
Private Mailbox
Street Lights
Bar Fridge
Built-in Oven
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range
Range Hood
Refrigerator
Washer
Wine Refrigerator
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)
$4,456
Parcel #
08-22-25-1000-000-01100

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 1a
County
Lake
MLS Area
34736 - Groveland
Lot Size
22,500 sqft
In CountyNear Public TransitSidewalkPaved
HOA
$148/yr
Garden City Homeowners Association

Price history

Date
Event
Price
9/11/2026
Listed for sale
Source: Stellar MLS #O6441025
$899,000
$219/sqft

Neighborhood

16623 Royal Palm Dr
Groveland, FL, 34736 · 34736 - Groveland

Market insights

Offer Insights

Choose an offer strength

List price: $899,000
$895,000 – $899,000
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 31.

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
$5,522/mo
Principal & interest$4,689
Property taxes$371
Insurance$450
HOA$12
Down payment20% · $179,800
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 includes any condo dues 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

$899,000

$219 per sq ft

Beds and baths

5 beds, 5 baths

Size

4,106 sq ft

Time on market

31 days

Year built

2007

Monthly payment

About $5,522/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,456 annual tax bill, insurance, and the $148/yr HOA fee.

HOA fee

$148/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.

Offer

What should I offer?

Have another question?

Brokered byGAILEY ENTERPRISES REAL ESTATEListing agent: Richard GaileyListing data from Stellar MLS, MLS# O6441025.

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