516 CADIZ DRIVE, GROVELAND, FL, 34736
Active37 days on marketListed Jun 30, 2026MLS #G5114275
About this home
516 CADIZ DRIVE
With over 3,600 square feet of living space, this 5-bedroom, 4-full bath home offers an incredible amount of living space and a flexible floor plan to fit a variety of lifestyles. Located in a neighborhood that's tucked away while still offering convenient access to South Lake High School, shopping, dining, and major roadways, you'll enjoy the balance of convenience and location. One of this home's standout features is its 3 private bedroom suites—one located on the first floor and two upstairs—making it ideal for multi-generational living, extended family, guests, or anyone who appreciates extra privacy. Two of the suites feature spacious layouts with dual closets, separate showers and tubs, while the third offers its own private bath and generous bedroom. The kitchen was designed with functionality in mind, offering space for either an oversized refrigerator or even dual refrigerators, making it perfect for larger households or those who love to entertain. You'll also appreciate the storage tucked beneath the staircase, making great use of space that often goes unused. Enjoy your morning coffee on the welcoming covered front porch or relax & grill out on the rear patio. The neighborhood also features a playground and dog park just down the street for added outdoor enjoyment. Recent improvements include the roof replaced in 2023, professionally sealed stucco and fresh exterior paint, along with fresh interior paint and new carpet downstairs. With its generous square footage, versatile layout, and endless potential, this home is ready for its next owner to make it their own.
Facts & features
The home at a glance
5
Bedrooms
4
Bathrooms
3,644
Sqft
0.17 ac
Lot size
2
Garage
2007
Year built
Two
Levels
$112
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
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.
$3,111 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,111/mo
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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Groveland actives
$112 vs $202
Days on market
37 vs 48 typical
Where $112/sqft sits among the 220 Groveland actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Groveland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Groveland. See the full Groveland guide →
The numbers that matter
The Groveland market
$378K → $400K
Groveland median sold, yr/yr
98.5%
Sale-to-list ratio (12 mo)
113 of 220
Groveland actives have cut their price
Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3% above the Groveland median. See the full Groveland market guide →
Paper trail
This home's history
Reality check
What actually sold near 516 CADIZ DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$357,500
217 TRES REYES LANE · same community
4 bd · 3 ba · 3,120 sqft · $115/sqft · 9 DOM
Sold · May ’26$1,125,000
8549 HILLCREST DRIVE
5 bd · 4 ba · 3,693 sqft · $305/sqft · 57 DOM
Sold · Apr ’26$960,000
1107 WHITE WATER BAY DRIVE
4 bd · 4 ba · 3,552 sqft · $270/sqft · 8 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 516 CADIZ DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 516 CADIZ DRIVE — 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.
Straight answers
516 CADIZ DRIVE FAQs
What would the monthly payment be for 516 CADIZ DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,111/mo — principal and interest, the actual property-tax bill, the $28/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 516 CADIZ DRIVE?+
The association fee works out to $28 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 516 CADIZ DRIVE?+
The most recent tax bill on record (2025) was $3,940. 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 516 CADIZ DRIVE?+
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 $409,900, this home is listed about 3% above the Groveland median of $398,990. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of HOMESTEAD REAL ESTATE LLC · Jo Lynn Nicholson. MLS #G5114275.
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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