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5004 Waterkey Way

Tampa, FL 33647

Name: Open House: 1pm-3pm
Start: 2025-04-13T13:00:00
End: 2025-04-13T15:00:00
Location: 5004 Waterkey Way

5 beds
4 baths
3,950 sqft
14,229 sqft lot
$327 per sqft
2003 build
– on site

Under contract-accepting backup offers. Welcome to this extensively remodeled jewel located at the end of a quiet cul-de-sac in the highly sought-after gated village of Lancaster in Tampa Palms. With over $280,000 in recent upgrades and offering five bedrooms, office, and bonus room, this nearly 4,000-square-foot home is a rare find indeed! No expense has been spared with high-end finishes, custom upgrades throughout the home, pool area and rear yard. From the moment you arrive, the home's impressive curb appeal draws you in with its pavered driveway, mature landscaping, and grand double-door entry. Inside, you’ll discover a space that feels open, bright, and beautifully updated. The sellers removed interior walls to create an open concept in the formal living and dining areas, allowing natural light to pour in and enhancing the home's flow. Fresh, neutral interior paint and plank porcelain tile flooring throughout the main living areas set a sophisticated and seamless tone. The kitchen is a true showpiece—fully remodeled with contemporary white cabinetry, granite countertops, double ovens, stainless steel appliances, and a modern cooktop. A large island offers plenty of prep space and casual seating, while the walk-in pantry adds generous storage. The kitchen overlooks the spacious family room overlooking the pool and conservation views. The primary retreat is a calming escape, with peaceful views of the conservation area and remodeled pool. The en-suite bath has been completely remodeled and feels like a private spa, featuring an expanded frameless glass shower, a new contemporary stand-alone soaking tub, quartz countertops, designer tile on the walls and flooring, updated lighting, and new cabinetry. Dual walk-in closets with custom built-ins provide plenty of storage.The secondary bedrooms are generously sized and thoughtfully laid out for privacy. All secondary bathrooms have also been remodeled with modern finishes, quartz counters, and stylish tile work. The dedicated office is tucked away from the main living spaces—perfect for remote work or quiet study. The large bonus room offers endless possibilities for a media room, playroom, home gym, or guest retreat. Step outside and discover your private outdoor oasis. The expansive lanai, updated with elegant marble pavers, surrounds a sparkling pool with a sun shelf and upgraded PebbleTec finish. The area is also plumbed for a future outdoor kitchen, making it ideal for entertaining. Just beyond, a large wood deck (2020) overlooks the pie-shaped backyard, fully fenced and backing to tranquil conservation—offering total privacy and a peaceful connection to nature.Additional recent upgrades include: New AC systems (2021), All new interior paint (2020), Garage storage system and epoxy flooring (2021), Whole-home water softener system (2023), EV charger and plug HOA Fees include membership to Club Tampa Palms Community Center with 3 pools, workout center, playground, pickle ball, basketball, tennis, and meeting rooms.Located in one of New Tampa’s most desirable gated communities, with top-rated schools, easy access to I-75, and close proximity to shopping, dining, and recreation, this one-of-a-kind home is move-in ready and waiting for its next chapter.

Listing courtesy of STELLAR_MLS / FLORIDA EXECUTIVE REALTY

Last checked: Checking… • Last updated Apr 13, 2025 •

MLS# TB8367552 —

The Building

Year Built:

2003
New Construction:

false
Architectural Style:

Contemporary
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Tile
Foundation Details:

Slab
Patio And Porch Features:

Rear Porch
Building Area Total:

5062
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Additional Rooms:

Attic
Fireplace:

true
Fireplace Features:

Gas

Room Dimensions

Living Area:

3950
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I-75 North or South: Take Exit 270 for Bruce B. Downs Boulevard (FL-581). Head west on Bruce B. Downs Boulevard. Drive approximately 1 mile, then turn right onto Tampa Palms Boulevard. Continue for about 1 mile, then turn right onto Palm Springs Boulevard. Follow Palm Springs Boulevard to the end and arrive at the Lancaster gated entrance. Once through the gate, continue straight and turn left onto Waterkey Way. 5004 Waterkey Way will be on your right.
Latitude:

28.12485
Longitude:

-82.390213
Coordinates:

-82.390213, 28.12485

The Property

Parcel Number:

A2227195UQ00000400005.0
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Features:

Conservation Area
Lot Size Acres:

0.33
Lot Size Area:

14229
Lot Size SqFt:

14229
Lot Size Dimensions:

93.61 x 152
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

PD-A
Direction Faces:

East
View:

Trees/Woods
View:

true
Exterior Features:

Irrigation System
Fencing:

Fenced
Vegetation:

Trees/Landscaped
Water Source:

Public
Road Responsibility:

Road Maintenance Agreement
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

x
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

5
Tax Block:

4
Tax Legal Description:

TAMPA PALMS AREA 8 PARCEL 23 PHASE 2 LOT 5 BLOCK 4
Tax Book Number:

91-9
Tax Annual Amount:

12164.61

Beds

Bedrooms Total:

5

Baths

Total Baths:

3.5
Total Baths:

4
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://listing.tonysica.com/ut/5004_Waterkey_Way.html
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Gas Dryer Hookup

Schools

Elementary School:

Chiles-HB
Middle Or Junior School:

Liberty-HB
High School:

Freedom-HB

The Community

Subdivision Name:

TAMPA PALMS AREA 8 PRCL 23 P
Senior Community:

false
Community Features:

Deed Restrictions
Waterview:

false
Water Access:

false
Waterfront:

false
Spa:

true
Spa Features:

Heated
Pool Private:

true
Pool Features:

Heated
Pets Allowed:

Yes
Pet Restrictions:

Buyer to verify with HOA.
Association Amenities:

Clubhouse
Association:

true
Association Fee:

380
Association Fee Frequency:

Quarterly
Association Fee Includes:

Community Pool
Association Fee Requirement:

Required
Association Fee 2:

398
Association Fee 2 Frequency:

Quarterly
Monthly HOA Amount:

126.67
Amenities Additional Fees:

Buyer to verify with HOA.
Ownership:

Fee Simple
Association Approval Required:

true

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

3
Carport:

false
Covered Spaces:

3
Open Parking:

true
Parking Features:

Driveway

Monthly cost estimate

Asking price

$1,295,000

Expense	Monthly cost
Mortgage	$6,934
Taxes	$1,013
Insurance	$356
HOA fees	$127
Utilities	$202 See report
Total	$8,632/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/13/25 Apr 13, 2025	Pending	STELLAR_MLS	$1,295,000
4/10/25 Apr 10, 2025	Listed / Active	STELLAR_MLS	$1,295,000	103.9% (23.3% / YR)
10/27/20 Oct 27, 2020		STELLAR_MLS	$635,000	15.5% (1.4% / YR)

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This house located in New Tampa, Tampa, FL 33647 is currently pending sale for $1,295,000. 5004 Waterkey Way is a 3,950 square foot house with 5 beds and 4 baths that has been on Estately for 4 days. 5004 Waterkey Way is in the New Tampa neighborhood of Tampa and has a WalkScore® of 5, making it car-dependent. This house is in the attendance area of Liberty Middle School, Chiles Elementary School, and Freedom High School.

Listing Courtesy of: STELLAR_MLS and FLORIDA EXECUTIVE REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.