16043 PENWOOD DRIVE, TAMPA, FL, 33647
Active24 days on marketListed Jul 16, 2026MLS #TB8529386
About this home
16043 PENWOOD DRIVE
Welcome to the highly sought-after Wyndham community in Tampa Palms, where this exceptional 4-bedroom, 3-bath home with a versatile bonus room, 3-car garage, and outdoor kitchen is ready to impress! Situated on an oversized ¼-acre lot, this home offers the perfect blend of space, comfort, and modern updates. Enjoy peace of mind knowing the roof, HVAC system, refrigerator, and dishwasher were all replaced in 2022, while the stove is brand new. The guest bathroom was beautifully remodeled in 2023, and the pool bath received a stylish renovation in 2025. From the moment you step inside, you’ll appreciate that this is anything but a cookie-cutter home. The spectacular 15’ x 30’ family/living room features soaring vaulted ceilings, newly installed carpet, and an abundance of natural light streaming through windows at both the front and back of the home, creating an inviting space perfect for everyday living, entertaining, and holiday gatherings. The spacious first-floor primary suite is a true retreat, complete with a huge walk-in closet and a private en-suite bath featuring dual vanities, a separate shower, and a relaxing Jacuzzi tub. Just beyond the primary suite is a versatile bonus room - ideal as a home office, nursery, fitness room, reading lounge, or private sitting area. The well-appointed kitchen offers abundant cabinetry, granite countertops, stainless steel appliances, a wine cooler, and plenty of space for preparing meals and entertaining. Upstairs, you’ll find three additional bedrooms, two of which feature walk-in closets. Step outside to your fully screened lanai, where an outdoor kitchen with a built-in propane grill creates the perfect setting for year-round Florida entertaining. The fully fenced backyard features low-maintenance vinyl privacy fencing (2023) and offers plenty of room for pets, play, and outdoor enjoyment. Best of all, the oversized yard can easily accommodate your dream pool while still leaving ample green space for family activities and entertaining. Residents of this community enjoy Compton Park, which features a community pool, tennis, pickleball, and basketball courts, and a kids' playground! This is a rare opportunity to own a beautifully updated home in one of Tampa Palms’ most desirable neighborhoods - close to top-rated schools, shopping, dining, parks, hospitals, Wiregrass Mall, Tampa Premium Outlets, golf, and major highways.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,527
Sqft
0.24 ac
Lot size
3
Garage
1989
Year built
Two
Levels
$212
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.
$4,114 /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
$4,114/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
+10.5%
$/sqft vs Tampa actives
$212 vs $301
Days on market
24 vs 42 typical
Where $212/sqft sits among the 400 Tampa 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 Tampa Palms
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
Tampa Palms — neighborhood snapshot
Population
18,012
Median age
41
Median income
$141,130
Median home value
$413,399
Avg household
3
Households w/ children
2,062
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$413K → $434K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
206 of 400
Tampa actives have cut their price
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 44% above the TAMPA 33647 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 16043 PENWOOD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$403,000
6237 GREENWICH DRIVE · same community
4 bd · 2 ba · 2,234 sqft · $180/sqft · 98 DOM
Sold · Apr ’26$735,000
6315 CHAUNCY STREET
4 bd · 3 ba · 2,512 sqft · $293/sqft · 12 DOM
Sold · Apr ’26$515,000
15811 SANCTUARY DRIVE
4 bd · 2.5 ba · 2,492 sqft · $207/sqft · 92 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 16043 PENWOOD DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16043 PENWOOD 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
16043 PENWOOD DRIVE FAQs
What would the monthly payment be for 16043 PENWOOD DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,114/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 16043 PENWOOD 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 16043 PENWOOD DRIVE?+
The most recent tax bill on record (2025) was $6,482. 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 16043 PENWOOD 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 Tampa?+
At $534,900, this home is listed about 19% above the Tampa median of $450,000. The market section on this page shows how the area is trending.
Which schools are assigned to 16043 PENWOOD DRIVE?+
Tampa Palms Elementary School (elementary), Liberty Middle School (middle), Freedom High School (high), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of LIPPLY REAL ESTATE · Nick Acosta. MLS #TB8529386.
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.
Never miss a listing
New Tampa homes, in your inbox
Like 16043 PENWOOD DRIVE but not quite? A daily digest of every new listing in Tampa — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →