
16623 ROYAL PALM DRIVE, GROVELAND, FL, 34736
Active9 days on marketListed Sep 11, 2026MLS #O6441025
About this home
16623 ROYAL PALM DRIVE
Virtually Staged. EXCEPTIONAL LAKE LIVING. RESORT-STYLE ENTERTAINING. UNCOMPROMISING FLORIDA LUXURY. Welcome to 16623 Royal Palm Drive, a commanding Mediterranean-style residence where luxury, privacy, and the Florida waterfront lifestyle come together inside the gated Garden City community of Groveland. Offering more than 4,100 square feet of luxury living space, 5 bedrooms, 4.5 baths, and a 3-car garage, this is not simply a home—it is a lifestyle designed for those who expect more. From the moment you arrive, the paver circular driveway, mature landscaping, and impressive architectural presence set the tone. Double glass entry doors open to soaring ceilings, rich hardwood flooring, dramatic architectural details, and expansive living spaces designed to make an impression. At the heart of the home, the chef-inspired kitchen is equally suited for intimate evenings and large-scale entertaining, featuring granite countertops, stainless steel appliances, abundant cabinetry, and an oversized center island overlooking the main living areas. Natural light pours through the home, while strategically placed windows and doors capture views of the outdoor retreat and surrounding lake setting. The primary suite commands attention as a private owner’s sanctuary, offering generous proportions and an impressive two-sided fireplace that brings warmth, sophistication, and ambiance to the space. The primary bath delivers a relaxing, spa-inspired atmosphere, creating a retreat designed to begin and end each day in comfort. But the true Florida experience begins outdoors. Step into your own private resort, where an expansive screened outdoor living area surrounds the sparkling pool. Entertain effortlessly from the summer kitchen, host unforgettable evenings poolside, or settle into the covered outdoor living space and enjoy the tranquility of your surroundings. This is an outdoor environment created to be enjoyed year-round. For those who want life on the water, Garden City delivers. Residents enjoy access to a community boat ramp, fishing pier, and covered dock, opening the door to boating, fishing, kayaking, paddleboarding, and the unmistakable freedom of Florida lake living. From an early-morning launch to an evening spent watching the water from the dock, the lake becomes an extension of your lifestyle. This home provides exceptional flexibility for family, guests, executive office space, or extended stays—all without sacrificing privacy. Few properties successfully combine this level of space, architectural presence, private resort-style amenities, gated-community living, and lake access in one complete package. Mediterranean architecture. Private pool. Summer kitchen. Two-sided fireplace. Luxury primary retreat. 3-car garage. Community boat ramp. Fishing pier. Covered dock. Lake access. This isn’t simply another luxury home in Central Florida. It’s the home you buy when you’re ready to live the Florida lifestyle at another level
Facts & features
The home at a glance
5
Bedrooms
4.5
Bathrooms
4,106
Sqft
0.52 ac
Lot size
3
Garage
2007
Year built
Two
Levels
$219
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.
$5,731 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,731/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
$219 vs $202
Days on market
9 vs 36 typical
Where $219/sqft sits among the 248 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 →
GROVELAND 34736 — neighborhood snapshot
Population
26,086
Median age
42
Median income
$82,478
Median home value
$335,300
Avg household
2.76
Households w/ children
2,798
For the school run
Lake County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Groveland market
$378K → $376K
Groveland median sold, yr/yr
98.5%
Sale-to-list ratio (12 mo)
107 of 248
Groveland actives have cut their price
Median sold price, Groveland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 139% above the GROVELAND 34736 median. See the full Groveland market guide →
Paper trail
This home's history
Reality check
What actually sold near 16623 ROYAL PALM DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$927,500
17850 CORALWOOD LANE
5 bd · 3 ba · 3,838 sqft · $242/sqft · 62 DOM
Sold · May ’26$1,125,000
8549 HILLCREST DRIVE
5 bd · 4 ba · 3,693 sqft · $305/sqft · 57 DOM
Sold · Feb ’26$1,630,000
8140 CHERRY LAKE ROAD
4 bd · 4 ba · 4,550 sqft · $358/sqft · 0 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 16623 ROYAL PALM DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16623 ROYAL PALM DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
16623 ROYAL PALM DRIVE FAQs
What would the monthly payment be for 16623 ROYAL PALM DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,731/mo — principal and interest, the actual property-tax bill, the $12/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 16623 ROYAL PALM DRIVE?+
The association fee works out to $12 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 16623 ROYAL PALM DRIVE?+
The most recent tax bill on record (2025) was $4,456. 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 16623 ROYAL PALM 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 $899,000, this home is listed about 125% above the Groveland median of $398,995. The market section on this page shows how the area is trending.
Which schools are assigned to 16623 ROYAL PALM DRIVE?+
South Lake High School (high), Minneola Charter School (elementary), Groveland Elementary School (elementary) — Lake County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$899,000 runs 139% above the GROVELAND 34736 median — but at 4,106 sqft it's also nearly twice the size of the typical Groveland listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
South Lake High School, Minneola Charter School, Groveland Elementary School — Minneola Charter School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of GAILEY ENTERPRISES REAL ESTATE · Richard Gailey. MLS #O6441025.
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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