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$275,000

Royal Palm Drive

Groveland, FL 34736

Listing updated: July 4, 2026 at 9:54 AM ET

Active

Listing courtesy of Serhant · Vincent Cordaro · MLS #G5101677 · Active · 646-480-7665

Baths

0.74

Acres

◆Waterfront◆Water access◆$9/sqft

Land

Property type

32,190 sqft

Lot size

Price / sq ft

$125/mo

HOA dues

259

Days on market

Flood zone

About this home

Take advantage of a 1% of the loan amount lender credit towards buy downs or closing costs when utilizing seller's preferred lender. BACK ON MARKET! Discover the perfect opportunity to design and build your dream home on this exclusive waterfront lot in the prestigious gated community of Garden City. Nestled along the shores of Cherry Lake, Lot 15 offers direct water access with the ability to build your own private dock—ideal for boating, fishing, and enjoying breathtaking lakefront sunsets. With utilities already run to the front of the site, you’ll save time and money when beginning your custom build. Garden City is known for its luxury standards, with a minimum 3,800 sq. ft. requirement for waterfront homes (3,000 sq. ft. for interior lots), ensuring a consistent, elegant neighborhood feel. Imagine crafting your personal oasis: whether it’s a modern lake retreat, a timeless estate, or a family compound, this lot gives you the space, views, and exclusivity to make it a reality. Waterfront Lot with Dock Potential, Utilities in Place at Front of Lot, Gated Luxury Community, 3,800 Sq. Ft. Minimum Build for Waterfront. Don’t miss this rare chance to own waterfront property in one of Groveland’s most desirable communities.

Estimated monthly payment

Principal & interest$1,391

Property taxes$211

Home insurance (est.)$126

HOA dues$125

Down payment

20%

$55,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history259 days on market

Status: Active
Apr 16, 2026
Listed$300,000
Sep 4, 2025
Price reduced$275,000

Facts & features

Property type: Land
Status: Active
Days on market: 259
Subdivision: Garden City Ph 01b Tr A
County: Lake
Price/sq ft: $9
Lot size: 32,190 sq ft
Lot category: 1/2 to less than 1
Flood zone: X
Annual taxes: $2,529 (2024)
Parcel #: 08-22-25-1005-000-01500
Zoning: PUD
MLS #: G5101677

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Interior Details

Direction faces: Northeast

HOA & Financial

HOA fee: $1,500 / Annually
Monthly HOA: $125/mo
Total monthly fees: $125/mo
Total annual fees: $1,500
HOA name: Garden City Homeowners Association
Listing terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Ownership: Fee Simple

Exterior & Construction

Waterfront: Yes
Water access: Yes
Water view: Yes
Road surface: Asphalt, Paved

Utilities

Sewer: Septic Needed
Water source: Well Required
Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Phone Available, Underground Utilities, Water Nearby

Community

Pets allowed: Yes

Listing Details

Listing date: 2025-09-02
On market date: 2025-09-04
Original list price: $300,000
MLS area: 34736 - Groveland
Listing AOR: Orlando Regional
Status changed: 2026-04-16
Tax legal description: GARDEN CITY PHASE 1B LOT 15 PB 33 PGS 50-51 ORB 5727 PG 247

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Take 19 to Royal Palm. Go to gate with keypad. When you go through the gate the lot is on the right hand side. you will see the for sale sign

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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.

Based on information submitted to the MLS GRID as of July 4, 2026 at 9:54 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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