16623 Royal Palm DRIVE, Groveland, FL, 34736 | $1,200,000

**Welcome to Your Dream Home at 16623 Royal Palm Dr, Groveland, FL 34736**

Nestled in the beautiful gated community of Garden City, this stunning Mediterranean-style house offers both luxury and tranquility. Boasting a grand facade with a circular driveway, complete with brick pavers and an elegant fountain centerpiece, this property doesn’t just say home, it says dream home.

Sprawling over 4, 106 sqft, this residence includes 5 spacious bedrooms and 4. 5 well-appointed bathrooms. The primary bedroom is a retreat in itself, featuring a custom-built gas-burning fireplace that turns the room into a cozy haven on chilly evenings. Its in-house spa amenities don’t end there; step outside the primary bedroom onto your private balcony for breathtaking lake views – a perfect backdrop for mornings or winding down.

For car enthusiasts or those wanting extra space, the property features a 3-car side entry garage. What sets this space apart is that one-third of the garage is air-conditioned and has its own private access, offering flexibility for use as a workshop, gym, or additional storage.

Entertaining is a breeze with the in-law suite that boasts a built-in bar, providing an ideal space for hosting guests or organizing family gatherings. The outdoor living space is equally impressive, equipped with a full kitchen, grill, and wine refrigerator. Whether it’s pool parties in the heated pool and spa, or quiet evenings enjoying a grilled meal under the stars, this home is set up to create unforgettable memories.

Safety and security are paramount, and this home comes fully equipped with a state-of-the-art security and camera system, ensuring peace of mind for you and your loved ones.

Each detail in this home has been crafted with care and sophistication, from the tile roof adding to its Mediterranean charm to the luxurious heated pool and spa for year-round enjoyment.

Set in a vibrant community within Groveland, you’re not just purchasing a home but embracing a lifestyle. Renowned for its beautiful landscapes and friendly atmosphere, it’s a place where life is enjoyed at a leisurely pace, yet full of potential for adventure.

Your search for a perfect blend of luxury, comfort, and security ends right here at 16623 Royal Palm Dr. This isn’t just any house; it’s a place you’d be proud to call home. Don’t miss out on claiming this slice of paradise; schedule your viewing today and step into the life you’ve always dreamed of.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Traditional
  • Year Built: 2007
  • Garage: 3-car Driveway
  • Heating: Central, Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 4,106
  • Acreage: 0.52
  • Est. Taxes: $4,456
  • HOA Fee: $1,550 Annually
  • Lot Desc: In County, Near Public Transit, Sidewalk
  • View: Pool, Trees/Woods
  • Elem. School: Groveland Elem
  • Middle School: Gray Middle
  • High School: South Lake High
  • Pool: Heated, In Ground, Lighting, Pool Sweep, Salt Water, Screen Enclosure, Tile
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: O6234315
  • Days on Market: 84 days
  • Website: https://www.raveis.com
    /eprop/O6234315/16623royalpalmdrive_groveland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/12/2024 6:17:08 PM)
Listing courtesy of EXP REALTY LLC   Phone: 407-392-1800

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16623 Royal Palm DRIVE, Groveland, FL, 34736

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.864% 7.058%
Monthly Tax Payment $371 $371 $371
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,227 $6,227 $8,495
Total Monthly Payment $6,723 $6,723 $8,991

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.