David Ramirez
$195,000$259,000$1,672 /mo all-in ↓

ROYAL PALM DR, GROVELAND, FL, 34736

Active531 days on marketListed Feb 17, 2025MLS #G5092970

Priced 51% below the Groveland medianReduced $64KWaterfrontGARDEN CITY PH 01C TR A

About this home

ROYAL PALM DR

Waterfront lot on the chain of Lakes! BUILD Your Dream Home with your Preferred Builder in the beautiful, gated community called Garden City. The size of the lot is 0.87 acres and offers plenty of room to design your home. Beautiful big oaks on the property. The minimum building requirements include 3,800 square feet of living area under air, a tile or metal roof, and the option for up to two stories. Garden City is a gated and private community with easy access to the Florida Turnpike and only minutes to Clermont, Winter Garden and surrounding areas. Don't miss out on the opportunity to Build your Forever Home!

Facts & features

The home at a glance

0.87 ac

Lot size

WaterfrontWater viewPets allowed

Inside

Outside & construction

ViewWater

Community & fees

HOA fee$142/mo
Taxes (2024)$1,629/yr
PetsYes
CommunityGated Community - No Guard

Utilities & systems

UtilitiesPrivate
WaterNone · Well Required

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$1,672 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,148
FHA mortgage insurance (est.)$86
Property tax — 2024 actual bill$136
HOA fee — from the listing$142
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,825Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,825
Interest rate6.00%
Loan term

Estimated payment

$1,672/mo

Principal & interest$1,148
FHA mortgage insurance (est.)$86
Property taxes (actual bill)$136
HOA / condo fee$142
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Groveland

Map of ROYAL PALM DR

Drive times from this address

Downtown Orlando41 min
Universal Orlando44 min
Walt Disney World50 min
Orlando Int’l Airport (MCO)56 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Groveland. See the full Groveland guide →

The numbers that matter

The Groveland market

Seller’s marketLeans seller4.2 months of inventoryBuyer’s market

$381K$385K

Groveland median sold, yr/yr

98.3%

Sale-to-list ratio (12 mo)

Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 51% below the Groveland median. See the full Groveland market guide →

Paper trail

This home's history

CurrentPrice reduced to $195,000 $64K
Feb 17, 2025Listed at $259,000 · 531 days on market since

Reality check

What actually sold near ROYAL PALM DR

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

15518 STATE ROAD 19Sold · Feb ’26

$375,000

15518 STATE ROAD 19

1 bd · 1 ba · 480 sqft · $781/sqft · 305 DOM

6816 PERCH HAMMOCK LOOPSold · Jan ’26

$318,500

6816 PERCH HAMMOCK LOOP

3 bd · 2 ba · 1,432 sqft · $222/sqft · 96 DOM

6816 PERCH HAMMOCK LOOPSold · Aug ’25

$285,000

6816 PERCH HAMMOCK LOOP

3 bd · 2 ba · 1,432 sqft · $199/sqft · 40 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about ROYAL PALM DR — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for ROYAL PALM DR — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

ROYAL PALM DR FAQs

What would the monthly payment be for ROYAL PALM DR?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,672/mo — principal and interest, the actual property-tax bill, the $142/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at ROYAL PALM DR?+

The association fee works out to $142 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on ROYAL PALM DR?+

The most recent tax bill on record (2024) was $1,629. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at ROYAL PALM DR?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Groveland?+

At $195,000, this home is listed about 51% below the Groveland median of $400,000. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Under the Groveland market on paper

$195,000 is 51% below the Groveland median of $400,000.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

531 days on market against a Groveland median of 43 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $259,000, now $195,000 — a $64K cut. The full history is in the market section below.

Listing courtesy of MONIQUE MCGUIRE REALTY INC · Monique McGuire. MLS #G5092970.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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