

Overview
Ask anything about this home
Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
About this home
503 Blue Cypress Dr is a home in Waterside Pointe Ph 3, Groveland. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $544 quarterly.
Rare waterfront opportunity in the gated community of Waterside Pointe! This cleared, ready-to-build 50 x 94 lot sits with only one neighbor, tucked between Lake Memory and directly across from the canal leading to Lake Hiawatha, part of the Clermont Chain of Lakes. Waterside Pointe offers a recreation center, resort-style pool, basketball and tennis/pickleball courts, multiple playgrounds, a community boat ramp on Lake Memory, and a community dock just across the street from this lot. Perfectly positioned between downtown Clermont and Groveland, you're within 3 miles of shopping, schools, churches, dining, entertainment, a farmers market, Waterfront Park, a splash pad, and walking trails. Walt Disney World is about 23 miles away, and Orlando International Airport is 35 miles out. Waterfront lots like this don't come up often, come take a peek! DOCK PLANS WERE APPROVED YET EXPIRED 07/2026. DOCK TO GO ACROSS STREET FROM THE HOME.
Request documents
Free. Tap one and our team sends it over.
The essentials
At a glance
Payment
Details
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
Neighborhood
Calculator
Not sure what you can afford?
Put in your household income and we will tell you where this payment sits.
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
$225,000
Time on market
27 days
Monthly payment
About $1,700/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,798 annual tax bill, insurance, and the $544/qtr HOA fee.
HOA fee
$544/qtr
Managed by Sentry Management.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
Have another question?
Keep exploring Florida
Pick up where you left off, or see what else is out there.







