David Ramirez
$439,990$474,9903 bd2.5 ba2,320 sqft$190 /sqft$3,197 /mo all-in ↓

416 BANANA PEPPER WAY, GROVELAND, FL, 34736

Active106 days on marketListed Apr 24, 2026MLS #O6402065

Reduced $35KNew constructionSingle Family ResidenceRAINWOOD

Come see it

Upcoming open houses

Sat, Aug 8

10:00 AM – 5:00 PM

Please visit sales center 406 Free Range Drive, Groveland FL 34736 to tour this home or call 407-305-3225 with questions.

Sun, Aug 9

12:00 PM – 5:00 PM

Please visit sales center 406 Free Range Drive, Groveland FL 34736 to tour this home or call 407-305-3225 with questions.

Fri, Aug 14

10:00 AM – 5:00 PM

Please visit sales center 406 Free Range Drive, Groveland FL 34736 to tour this home or call 407-305-3225 with questions.

About this home

416 BANANA PEPPER WAY

Discover exceptional new construction living in Groveland with the beautifully designed Talquin floor plan offering 2,320 square feet of spacious and functional living space. This two-story home features 3 generously sized bedrooms, 2.5 bathrooms, and a 2-car garage, making it an ideal choice for buyers seeking comfort, style, and room to grow in one of Central Florida’s fastest-growing communities. The open-concept main floor is designed for modern living and entertaining, showcasing a large Great Room filled with natural light, an expansive kitchen with a center island, abundant cabinetry, and a seamless flow into the dining area. Whether hosting guests or enjoying everyday family life, this thoughtfully designed layout offers flexibility and convenience. Upstairs, the private primary suite serves as a relaxing retreat with spacious proportions and a luxurious en-suite bath. Two additional bedrooms provide comfort for family or guests, while the versatile loft creates the perfect space for a home office, media room, playroom, or second living area. Located in desirable Groveland, this new home offers convenient access to Clermont, Orlando, area lakes, parks, shopping, dining, and major roadways including Florida’s Turnpike and US-27. Residents love Groveland for its scenic surroundings, small-town charm, and easy commute options. Don’t miss the opportunity to own a new construction home in Groveland FL with modern features, spacious design, and an outstanding location. Schedule your private tour today!

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

2,320

Sqft

0.1 ac

Lot size

2

Garage

2026

Year built

Two

Levels

$190

Per sqft

Pets allowed

Inside

FlooringCarpet · Tile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorEating Space In Kitchen · High Ceilings · Living Room/Dining Room Combo · Open Floorplan · PrimaryBedroom Upstairs · Walk-In Closet(s)
LaundryLaundry Room · Upper Level
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofShingle
ConstructionBlock · Stucco · Vinyl Siding · Wood Frame
FoundationSlab
FacesNorth
ExteriorLighting · Sidewalk

Community & fees

HOA fee$178/mo
Taxes (2025)$889/yr
PetsYes
CommunityPlayground · Pool

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Phone Available · Street Lights · Water Connected
WaterPublic

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.

$3,197 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,590
FHA mortgage insurance (est.)$195
Property tax — 2025 actual bill$74
HOA fee — from the listing$178
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $15,400Loan30-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% · $15,400
Interest rate6.00%
Loan term

Estimated payment

$3,197/mo

Principal & interest$2,590
FHA mortgage insurance (est.)$195
Property taxes (actual bill)$74
HOA / condo fee$178
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.

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.

List $440K
$422KedgeAI estimate $510,765 · range $508K$512K$532K

vs edgeAI estimate

−13.9%

$/sqft vs RAINWOOD

$190 vs $209

Days on market

106 vs 48 typical

Where $190/sqft sits among the 8 homes for sale in RAINWOOD

1
0
0 · this home
1
1
5
$174–180$180–187$187–193$193–200$200–207$207+

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

Map of 416 BANANA PEPPER WAY

Drive times from this address

Downtown Orlando40 min
Universal Orlando42 min
Walt Disney World47 min
Orlando Int’l Airport (MCO)54 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 seller3.6 months of inventoryBuyer’s market

$378K$400K

Groveland median sold, yr/yr

98.5%

Sale-to-list ratio (12 mo)

5 of 8

RAINWOOD have cut their price

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

This home is listed 10% above the Groveland median. See the full Groveland market guide →

Paper trail

This home's history

CurrentPrice reduced to $439,990 $35K
Apr 24, 2026Listed at $474,990 · 106 days on market since
2026Built · RAINWOOD

Reality check

What actually sold near 416 BANANA PEPPER WAY

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

456 FREE RANGE DRIVESold · Mar ’26

$461,089

456 FREE RANGE DRIVE · same community

4 bd · 3 ba · 2,349 sqft · $196/sqft · 13 DOM

444 FREE RANGE DRIVESold · Mar ’26

$450,475

444 FREE RANGE DRIVE · same community

4 bd · 3 ba · 2,349 sqft · $192/sqft · 270 DOM

462 FREE RANGE DRIVESold · Jun ’26

$461,704

462 FREE RANGE DRIVE · same community

4 bd · 3 ba · 2,365 sqft · $195/sqft · 58 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 416 BANANA PEPPER WAY — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 416 BANANA PEPPER WAY — 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.

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Goes straight to David’s phone and CRM.

Straight answers

416 BANANA PEPPER WAY FAQs

What would the monthly payment be for 416 BANANA PEPPER WAY?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,197/mo — principal and interest, the actual property-tax bill, the $178/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 416 BANANA PEPPER WAY?+

The association fee works out to $178 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 416 BANANA PEPPER WAY?+

The most recent tax bill on record (2025) was $889. 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 416 BANANA PEPPER WAY?+

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 $439,990, this home is listed about 10% above the Groveland median of $398,995. The market section on this page shows how the area is trending.

The brief

Three things that matter here

01Positioned at the premium end

$439,990 runs 10% above the Groveland median — but at 2,320 sqft it's also 20% larger than the typical Groveland listing.

02Time on market is leverage

106 days on market against a Groveland median of 48 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $474,990, now $439,990 — a $35K cut. The full history is in the market section below.

Listing courtesy of MATTAMY REAL ESTATE SERVICES · Elizabeth Manchester. MLS #O6402065.

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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