16402 BLOOMING CHERRY DRIVE, GROVELAND, FL, 34736
Active220 days on marketListed Dec 17, 2025MLS #S5140359
About this home
16402 BLOOMING CHERRY DRIVE
Beautiful 2019-built, Solar Panel and Water Softener Paid, Water View home located in the desirable Cherry Lake Landing community in Groveland, FL. This well-maintained residence offers 3 bedrooms, 2 bathrooms and 1,576 square feet of comfortable living space with a functional, modern layout. The open-concept design provides abundant natural light and seamlessly connects the living, dining, and kitchen areas—perfect for everyday living and entertaining. The kitchen comes fully equipped with all appliances, making this home truly move-in ready. The primary suite features a private bathroom and a relaxing atmosphere. Additional highlights include solar panels for energy efficiency, water softener system for added comfort and long-term value, washer and Dryer. Conveniently located near schools, shopping, major roadways, and recreational areas, this home offers the perfect balance of tranquility and accessibility. Don’t miss this opportunity to own a beautiful home in a growing community!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,576
Sqft
0.24 ac
Lot size
2
Garage
2019
Year built
One
Levels
$216
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.
$2,666 /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
$2,666/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.
vs edgeAI estimate
+0.8%
$/sqft vs Groveland actives
$216 vs $202
Days on market
220 vs 43 typical
Where $216/sqft sits among the 224 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
$381K → $385K
Groveland median sold, yr/yr
98.3%
Sale-to-list ratio (12 mo)
104 of 224
Groveland actives have cut their price
Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 15% below the Groveland median. See the full Groveland market guide →
Paper trail
This home's history
Reality check
What actually sold near 16402 BLOOMING CHERRY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$372,000
16332 BLOOMING CHERRY DRIVE · same community
4 bd · 2 ba · 1,825 sqft · $204/sqft · 49 DOM
Sold · Dec ’25$307,125
1060 OSPREY COVE CIRCLE
3 bd · 2 ba · 1,576 sqft · $195/sqft · 8 DOM
Sold · Jan ’26$320,000
2010 NEWTOWN ROAD
3 bd · 2 ba · 1,610 sqft · $199/sqft · 26 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 16402 BLOOMING CHERRY DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16402 BLOOMING CHERRY 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
16402 BLOOMING CHERRY DRIVE FAQs
What would the monthly payment be for 16402 BLOOMING CHERRY DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,666/mo — principal and interest, the actual property-tax bill, the $69/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 16402 BLOOMING CHERRY DRIVE?+
The association fee works out to $69 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 16402 BLOOMING CHERRY DRIVE?+
The most recent tax bill on record (2025) was $3,426. 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 16402 BLOOMING CHERRY DRIVE?+
The listing reports pets: Cats OK, Dogs OK. 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 $340,000, this home is listed about 15% 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
$340,000 is 15% below the Groveland median of $400,000, and at $216/sqft it sits under the Groveland average of $222.
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
220 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 $360,000, now $340,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of NONA LEGACY POWERED BY LA ROSA · Santos Lopez. MLS #S5140359.
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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