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16040 PENWOOD DRIVE, TAMPA, 33647

$639,000

5

Beds

3

Baths

2,135 ft2

Property Size

1989

Year Built

About The Property

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.

Property Details

Property Id: 1745022
Price: $639,000
Property Size: 2,135 ft2
Property Lot Size: 0 ft2
Rooms: 7
Bedrooms: 5
Bathrooms: 3
AssociationFee: 332
AssociationFeeFrequency: Annually
AssociationFeeIncludes: Maintenance Grounds, Recreational Facilities
BathroomsFull: 3
BuildingAreaTotal: 3048
CommunityFeatures: Clubhouse, Deed Restrictions, Park, Playground, Pool, Sidewalks, Tennis Court(s)
ConstructionMaterials: Block, Stucco
Cooling: Central Air
CoveredSpaces: 3
CumulativeDaysOnMarket: 16
DaysOnMarket: 16
DirectionFaces: South
Directions: Turn left onto Bruce B Downs Blvd, turn right onto Tampa Palms Blvd, turn right onto Penwood Dr.
ElementarySchool: Tampa Palms-HB
Flooring: Porcelain Tile
Furnished: Unfurnished
GarageSpaces: 3
Heating: Central, Electric
HighSchool: Freedom-HB
InternetAddressDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Inside, Laundry Room
Levels: One
ListAOR: Suncoast Tampa
ListAgentFullName: Osmary Aguilar
ListOfficeName: KELLER WILLIAMS TAMPA PROPERTIES
ListingContractDate: 2026-07-23
ListingId: TB8532133
ListingTerms: Cash, Conventional, FHA, Other, VA Loan
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 8800
LotSizeDimensions: 80 x 110
LotSizeSquareFeet: 8800
LotSizeUnits: Square Feet
MLSAreaMajor: 33647 - Tampa / Tampa Palms
MiddleOrJuniorSchool: Liberty-HB
MlsStatus: Active
ModificationTimestamp: August 8, 2026 at 07:05pm
OnMarketDate: 2026-07-23
OriginalListPrice: 639000
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
PatioAndPorchFeatures: Covered, Patio, Screened
PetsAllowed: Yes
PhotosChangeTimestamp: July 24, 2026 at 01:01am
PhotosCount: 79
PoolFeatures: In Ground
PostalCode: 33647
Roof: Shingle
Sewer: Public Sewer
SpecialListingConditions: None
StateOrProvince: FL
StoriesTotal: 1
StreetName: PENWOOD
StreetNumber: 16040
StreetSuffix: DRIVE
Utilities: Public
View: Water
WaterSource: Public
WaterfrontFeatures: Pond
YearBuilt: 1989
Zoning: PD

Amenities and Features

Outdoor Details
Garage Attached
Other Features
1
Built-in Features
Ceiling Fan(s)
Dishwasher
Dryer
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Pool
Has Waterfront
High Ceilings
Home Owners Association
Lighting
Microwave
Range
Refrigerator
Sidewalk
Stone Counters
Washer
Water Filtration System
Water Softener
Window Treatments

Map Location

Property Map

Mortgage Calculator

Payment Calculator

$3,276.28
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,477.53

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Disclaimer

Property ID - | 1745022

All listings featuring the Stellar MLS logo are provided by My Florida Regional MLS DBA Stellar MLS. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved.

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Selinda Moore