16369 PALMETTO STREET, PUNTA GORDA, FL 33982

Description of 16369 PALMETTO STREET, PUNTA GORDA, FL 33982

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.

Property Details for 16369 PALMETTO STREET, PUNTA GORDA, FL 33982

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Ceiling Fan(s), Eating Space In Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Disposal, Electric Water Heater, Microwave, Washer

Flooring

Carpet, Laminate

Heating

Electric

Cooling

Central Air

Furnished

Unfurnished

Garage Spaces

2

Attached Garage

Yes

Parking Features

Driveway, Electric Vehicle Charging Station(s), Garage Door Opener

Pool Private

No

Direction Faces

East

Building Information for 16369 PALMETTO STREET, PUNTA GORDA, FL 33982

Building Area Total

2414

Building Area Units

Square Feet

Stories Total

1

Association

Yes

Association Fee

$296

Association Fee Frequency

Monthly

Association Amenities

Basketball Court, Park, Pickleball Court(s), Playground, Pool

Pets Allowed

Cats OK, Dogs OK, Number Limit

Security Features

Smoke Detector(s)

Property Information for 16369 PALMETTO STREET, PUNTA GORDA, FL 33982

Lot Features

Sidewalk

Lot Size Square Feet

7,707

Waterfront

No

View

Water

Construction Materials

Concrete

Roof

Shingle

Exterior Features

Irrigation System, Rain Gutters, Sidewalk, Sliding Doors

Sewer

Private Sewer

Water Source

Private

New Construction

No

Public Records for 16369 PALMETTO STREET, PUNTA GORDA, FL 33982

Parcel Number

422629323018

Tax Annual Amount

$7,217

Tax Year

2025

Tax Legal Description

BCR 1B1 00NE 0819 BABCOCK RANCH PHASE 1B1 NORTHEAST LOT 819 (7 708 SF M/L) 4437/2077 4699/2178

Zoning

BOZD

County Or Parish

Charlotte

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