16056 Penwood DRIVE, Tampa, FL, 33647 | $525,000

Under contract-accepting backup offers. Welcome to your dream home in the highly sought-after Tampa Palms community! This beautiful 4-bedroom, 2. 5-bath home sits on a corner conservation lot, offering privacy, stunning pond views, and an unbeatable outdoor lifestyle. Featuring a 2-car garage and a private caged heated pool and spa, this property is designed for relaxation and entertaining. The spacious formal living and dining rooms impress with cathedral ceilings, creating an open and inviting atmosphere. The cozy family room features a wood-burning fireplace and sliding glass doors that provide breathtaking views of the screened pool and lush conservation area. Step outside to the screened lanai, which offers a combination of covered and open areas for lounging, dining, or soaking up the Florida sunshine. Adjacent to the family room, the kitchen is a chef's delight, boasting stainless steel appliances, a breakfast bar, ample cabinet space, and sliders leading to the lanai. The bright and airy master suite includes dual sinks, a separate giant shower, and a private water closet, offering a serene retreat after a long day. The three additional bedrooms are perfect for family or guests. The backyard is spacious, perfect for family gatherings or simply enjoying the tranquility of nature. Located in Tampa Palms, residents enjoy world-class amenities, including tennis and pickleball courts, basketball courts, a clubhouse, a pool, a splash area, and a dock overlooking a serene pond. Tampa Palms offers a prime location close to top-rated schools, I-75, Moffitt Cancer Center, USF, and excellent shopping and dining options. Don't miss this incredible opportunity to live the Florida dream! Schedule your private tour today.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Inside
  • Year Built: 1988
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,087
  • Acreage: 0.29
  • Est. Taxes: $6,947
  • HOA Fee: $322 Annually
  • Elem. School: Tampa Palms-HB
  • Middle School: Liberty-HB
  • High School: Freedom-HB
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8338580
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/TB8338580/16056penwooddrive_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/22/2025 9:17:07 PM)
Listing courtesy of EXP REALTY LLC   Phone: 866-308-7109

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

16056 Penwood DRIVE, Tampa, FL, 33647

$525,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.159% 6.392%
Monthly Tax Payment $579 $579 $579
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,759 $2,791 $3,573
Total Monthly Payment $3,430 $3,462 $4,244

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.