16369 Palmetto Street, Punta Gorda, FL 33982
- $329,000
- 3
- BD
- 2
- BA
- 1,685
- SqFt
- List Price
- $329,000
- Status
- ACTIVE
- MLS#
- 2026032377
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,685
- Development
- Lake Babcock
- Subdivision
- Lake Babcock
Property Description
Rare opportunity to assume an approximate $186,000 mortgage at an incredibly low 2.75% interest rate, offering substantial monthly savings compared to today's market rates. Welcome to this beautifully maintained 3 bedroom, 2 bathroom Meritage home located in the desirable Lake Babcock neighborhood of Babcock Ranch. Situated on a peaceful pond lot with a fully fenced backyard, this home offers privacy, tranquil water views, and a west facing backyard that delivers breathtaking Florida sunsets every single evening. Surrounded by mature landscaping with no nearby new construction, you'll enjoy a quiet, established neighborhood that's becoming increasingly hard to find. Inside, you'll find luxury vinyl plank flooring throughout the main living areas, impact windows and doors, faux wood blinds, and an open floor plan designed for comfortable everyday living. The kitchen is equipped with upgraded stainless steel appliances including a refrigerator, dishwasher, washer, and dryer, making this home truly move in ready. Relax on the welcoming front porch or unwind year round from the screened lanai while taking in spectacular sunset views across the pond. Built by Meritage Homes for energy efficiency and durability, this home is located in America's first solar powered town, known for its exceptional storm resiliency, elevated above the flood plain, and lower than average homeowners insurance costs. Residents enjoy miles of walking and biking trails, parks, community pools, pickleball, tennis, kayaking, restaurants, shopping, live entertainment, and year round community events. This property also presents an excellent investment opportunity with outstanding long term rental potential. Whether you're looking for a primary residence, seasonal home, or investment property, this home offers exceptional value in one of Southwest Florida's fastest growing communities. Assumable mortgage is subject to lender approval and buyer qualification.
Additional Information
- Taxes
- $7,216
- HOA Fee
- $296
- Building Design
- Single Family
- Year Built
- 2020
- Community Type
- Non-Gated, Shopping, Street Lights
- Construction
- Block, Concrete, Stucco
- Living Area
- 1,685
- Acres
- 0.16
- Hoa Fee
- $296
- Interior Features
- Dual Sinks, Eat-in Kitchen, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments, High Speed Internet, Split Bedrooms
- Amenities
- Basketball Court, Bocce Court, Clubhouse, Dog Park, Pier, Pickleball, Park, Pool, Restaurant, Boat Slip, Sidewalks, Tennis Court(s), Trail(s), Management
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Heating
- Central, Electric
- Flooring
- Carpet, Vinyl
- Garage Spaces
- 2
- Exterior Features
- Fence, Security/High Impact Doors, Sprinkler/Irrigation, Room For Pool
- View
- Pond
- Waterfront
- Yes
- Water
- Public
- Sewer
- Private Sewer
- Pool Description
- Community
- Stories
- 1
- Pets
- Yes
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Listing courtesy of EXP Realty LLC.