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
MLS#
C7529080
Bedrooms
3
Bathrooms
2
Living Area
1,685
Subdivision
Babcock Ranch

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
$2,366
HOA Fee
$296
Year Built
2020
Construction
Concrete
Living Area
1,685
Acres
0.18
Hoa Fee
$296
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Amenities
Basketball Court, Park, Pickleball Court(s), Playground, Pool
Cooling
Central Air
Heating
Electric
Parking
Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
Garage Spaces
2
Garage Description
2 Car Garage
Exterior Features
Rain Gutters, Sidewalk, Sliding Doors
View
Water
Water
Lake Front
Sewer
Private Sewer
Stories
1
Pets
Yes

Listing courtesy of EXP REALTY LLC.

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