16369 Palmetto Street, Punta Gorda, FL 33982

$329,000
3
BD
2
BA
1,685
SqFt

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List Price
$329,000
Status
Active
Days on Market
0
MLS#
C7529080
Property Style
Single Family
Year Built
2020
Bedrooms
3
Bathrooms
2
Living Area
1,685
Lot Size
7,707
Acres
0.18
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Babcock Ranch Community Ph 1b1
Community Name
Babcock Ranch
MLS Area Major
Punta Gorda

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
$7216
Taxes
$2,366
Minimum Lease
2 Months
HOA Fee
$296
HOA Payment Schedule
Monthly
Maintenance Includes
Pool, Internet, Recreational Facilities, Trash
Location
Sidewalk, Paved
Community Features
Community Mailbox, Deed Restrictions, Dog Park, Golf Carts OK, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s), Street Lights
Property Description
One Story
Zoning
BOZD
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Floor
Carpet, Laminate
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Washer
Utilities
BB/HS Internet Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Sprinkler Recycled, Underground Utilities, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Rain Gutters, Sidewalk, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
Community
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
Fences
Fenced
Water View
Pond
Pets
Allowed
Flood Zone Code
X
Parcel ID
422629323018
Legal Description
BCR 1B1 00NE 0819 BABCOCK RANCH PHASE 1B1 NORTHEAST LOT 819 (7 708 SF M/L) 4437/2077 4699/2178

Listing courtesy of EXP REALTY LLC. 888-883-8509

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