5242 FALLEN LEAF DRIVE, Riverview, FL, 33578 | $421,000

Under contract-accepting backup offers. Some would say this is the best site in Magnolia Park! Located in the gated Northeast section, the oversized lot is situated on a lovely pond with a fully fenced backyard. The property is surrounded by lush landscaping creating the feel of your own private tropical paradise. Step through the leaded glass front door where you'll be treated to an amazing home with volume ceilings and exquisite touches throughout from quality wood laminate flooring, topped with enhanced baseboard molding, to upgraded light fixtures and ceiling fans. Custom wood cornices crown the windows in the common areas. The open floorplan is perfect for today's lifestyle with integrated kitchen, dining and living area. Preparing meals may be one of the best parts of your day in this kitchen that features Whirlpool stainless steel appliances, granite countertops, closet pantry and a beautiful tile backsplash. The island provides plenty of prep space and room for additional seating. The owner's retreat is very spacious, has a walk-in closet, and a contemporary en suite bathroom. The split bedroom plan offers two additional room with a shared bathroom. The flex space at the front of the house is currently used as a formal dining room, but could be transformed to a den, office, game room or even a fourth bedroom. The laundry room has built-in cabinets and a functional utility sink, and is large enough to accommodate a folding table. If you love the outdoors, the lanai may be the best room in the house - fully screened, under roof with approx. 250 sq ft of space! Perfect for outdoor meals, coffee overlooking the pond and curling up with a good book on the weekends. Garage extension provides an additional 4 feet of length, so plenty of room for a workbench, extra storage or a longer vehicle. Recent renovations will save you money and headaches - roof - Nov 2024, water heater - Mar 2025, dishwasher - Jan 2026. Lawn maintenance provided by the community includes mowing, edging trimming, irrigation, fertilizer and pest control. (Owner is responsible for mowing/edging/trimming inside the fenced area. ) Enjoy all of the community amenities - pools, parks and more! Magnolia Park is in an ideal location for easy access to Tampa, MacDill AFB and major thoroughfares. Shopping, dining and movie theatre nearby.

Features

  • Amenities: Fence Restrictions, Gated, Park, Playground, Pool, Recreation Facilities, Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 82.89 x 135.94
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Contemporary
  • Year Built: 2018
  • Garage: 2-car Garage Door Opener, Oversized
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,244
  • Acreage: 0.26
  • Lot Size: 82.89 x 135.94
  • Est. Taxes: $1,392
  • HOA Fee: $222 Monthly
  • Lot Desc: In County, Landscaped, Level, Sidewalk
  • View: Water
  • Elem. School: Frost Elementary School
  • Middle School: Giunta Middle-HB
  • High School: Spoto High-HB
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System
  • MLS#: TB8471045
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/TB8471045/5242fallenleafdrive_riverview_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 3/12/2026 9:47:07 AM)
Listing courtesy of KELLER WILLIAMS SOUTH SHORE   Phone: 813-641-8300

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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

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5242 FALLEN LEAF DRIVE, Riverview, FL, 33578

$421,000

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 $336,800 $336,800 $336,800
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.307% 6.292% 5.561%
Monthly Tax Payment $116 $116 $116
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,965 $2,046 $2,707
Total Monthly Payment $2,156 $2,237 $2,898

* 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.