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About this home
20427 Carolina Cherry CT is a 2011-built home in Live Oak Preserve Ph 2b-vil, Tampa. Inside you'll find 5 bedrooms, 3 bathrooms, and 3,416 square feet of living space. Listed at $479,900 (about $140/sqft), 583 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $18 monthly.
Price Drop Opportunity in Live Oak Preserve — 20427 Carolina Cherry Ct This is the one that makes sense. Spacious 5-bedroom, 3-bath home with 3,416 sq ft of bright, open living in one of New Tampa’s most desirable gated communities. Built in 2011 and sitting on a comfortable 6,250 sq ft lot, it delivers the room families actually need — generous island kitchen, flowing open layout, and space that doesn’t feel cramped. You’re not just buying square footage. You’re buying the lifestyle: top-rated schools, community amenities, parks, shopping, and easy access to I-75, downtown Tampa, and the beaches — all without the downtown price tag. In today’s 2026 market with more inventory and motivated buyers, this home is priced to move. The longer it sits, the more value it represents for the next owner. Rare combination of size, location, and realistic pricing in Live Oak Preserve doesn’t come around often. Schedule your private showing. Main Clubhouse Complex Resort-style pool with shallow children’s water play area and water slides Jacuzzi / hot tub Fully equipped fitness center (weights + cardio equipment) — open 5 AM–10 PM Tennis courts (lighted, open dawn–10 PM) Covered children’s playground Full kitchen + meeting rooms available for private parties/events Vending machines Additional Recreation Basketball courts Beach volleyball area Golf practice / putting green (some sources also mention range cages) Walking / jogging sidewalks throughout the community Extensive green space, ponds, and 362 acres of wetland preserves Community Features Gated community (guarded / controlled access) Private roads Multiple villages connected by sidewalks HOA note: Low monthly fees (often cited around $18–$150+ depending on the specific village/phase; the listing previously showed a very low $18/month figure). These are solid, family-oriented resort-style amenities centered around a multi-million-dollar clubhouse.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
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
$479,900
$140 per sq ft
Beds and baths
5 beds, 3 baths
Size
3,416 sq ft
Time on market
583 days
Year built
2011
Monthly payment
About $3,225/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,564 annual tax bill, insurance, and the $18/mo HOA fee.
HOA fee
$18/mo
Managed by Sola Adewunmi, CAM, AMS.
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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