Address
16040 Penwood Drive, TAMPA, FL
Price
$ 599,000
Property Attributes
  • MLS#TB8532133
  • TypeSingle Family
  • Listing Status Active
  • CountyHillsborough
  • CityTAMPA
  • AreaTampa / Tampa Palms
  • NeighborhoodTAMPA PALMS UNIT 3C
  • Zip33647
  • StyleSingle Family Residence
  • Year Built1989
  • Taxes$ 8832
  • Price$ 599,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2135
  • Lot Size0.2 Acres
Data Source:
Stellar MLS
Property Description

Enjoy peaceful waterfront living in this 5-bedroom, 3-bathroom pool home with a 3-car garage, ideally situated on a scenic pond with no backyard neighbors in the highly sought-after Tampa Palms community. Beautiful landscaping and a grand double-door entry welcome you home, offering timeless curb appeal and an elegant introduction to the spacious interior. Inside, you'll find a thoughtfully designed floor plan offering generous living spaces, functional versatility, and an effortless flow ideal for both everyday living and entertaining. Abundant natural light fills the home, creating a warm and inviting atmosphere throughout the spacious living areas. The home has been extensively updated since 2019, featuring a remodeled interior, new windows installed throughout the home in 2019, upgraded pool equipment, and a water softener, along with thoughtful touches such as custom shades in every room for added comfort and privacy. The spacious dining area is perfect for gatherings and showcases a large all-granite dining table, creating an elegant space to host family and friends. Additional major improvements include a new roof installed in 2022 that is still under warranty, a new A/C condenser in 2023, a new dryer in 2024, and a new dishwasher. Beyond the living spaces, the backyard becomes an extension of the home. The screened-in pool and covered lanai overlook a peaceful pond, offering beautiful water views, exceptional privacy, and no backyard neighbors. Thoughtfully placed pool lighting creates the perfect ambiance for evening entertaining, whether you're hosting guests, enjoying a quiet night outdoors, or simply taking in the serene surroundings of your private Florida retreat. Living in Tampa Palms means enjoying one of New Tampa's premier communities, featuring miles of scenic walking and biking trails, five private parks, playgrounds, tennis and basketball courts, picnic areas, a heated junior Olympic community pool, clubhouse, fitness amenities, canoe access along the Hillsborough River, and beautifully maintained green spaces throughout the neighborhood. Golf enthusiasts will also appreciate the nearby Tampa Palms Golf & Country Club, offering championship golf, tennis, fitness, dining, and social memberships. Conveniently located just minutes from I-75, this home provides easy access to the University of South Florida, Moffitt Cancer Center, AdventHealth Tampa, the James A. Haley Veterans' Hospital, Wiregrass Mall, Tampa Premium Outlets, top-rated schools, restaurants, shopping, and countless parks and recreation options. Offering the perfect combination of location, lifestyle, and lasting value, this exceptional home is ready to welcome its next owners. Schedule your showing today and discover everything this Tampa Palms gem has to offer.

Elementary School Middle School High School
Tampa Palms-HB Elementary School Liberty-HB Middle School Freedom-HB High School
Price History
7/24/2026 Listed $639,000
8/29/2026 6$599,000

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Public
Roof Shingle
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Filtration System,Water Softener
Zoning PD
HOA Fee 332
Garage Spaces 3
Association Fee Includes Maintenance Grounds,Recreational Facilities
Patio/Porch Features Covered,Patio,Screened
Pool Features In Ground
Construction Materials Block,Stucco
Pets Allowed Yes
Year Built 1989
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Pond
Community Features Clubhouse,Deed Restrictions,Park,Playground,Pool,Sidewalks,Tennis Court(s)
Assoc Fee Paid Per Annually
County Hillsborough
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name TAMPA PALMS UNIT 3C
Facing Direction South
Garage Y/N true
Total Rooms 7
Full Baths 3
Status Active
Directions Turn left onto Bruce B Downs Blvd, turn right onto Tampa Palms Blvd, turn right onto Penwood Dr.
High School Freedom-HB
City TAMPA
Association Name Brian Koerber
Senior Community Y/N false
MLS Area 33647 - Tampa / Tampa Palms
Lot Size Units Square Feet
Lot Size Square Feet 8800
Carport Y/N false
Listing Terms Cash,Conventional,FHA,Other,VA Loan
Elementary School Tampa Palms-HB
Land Lease Y/N false
Tax Annual Amount 8832.37
Middle/Junior High School Liberty-HB
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8532133
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
TaxOtherAnnualAssessmentAmount 1014
Tax Lot 9
Legal Description TAMPA PALMS UNIT 3C LOT 9 BLOCK 4
Water View Pond
Pet Size Limit Large (61-100 Lbs.)
Minimum Lease 6 Months
Water Access Y/N false
Monthly HOA Amount 27.67
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Built-in Features,Ceiling Fan(s),High Ceilings,Stone Counters,Window Treatments
Flooring Porcelain Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Shades
Fireplace Y/N false
Laundry Features Inside,Laundry Room
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Lighting,Sidewalk
Water Source Public
Lot Size Area 8800
Foundation Details Slab
Building Area Total 3048
Lot Dimensions 80 x 110
Lot Size Acres 0.2
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33647

Price
AVG $660K
$600K
Taxes
AVG $9,235
$8,832
Year Built
AVG 2003
1989