Jonelle Fisher
REALTOR®
BEDS3
BATHS2 full
SQUARE FEET1,685
MLS#C7529080
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBABCOCK RANCH COMMUNITY
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 2 car attached
Heating: Electric
Lot Size: 0.18 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $7,216
Year Built: 2020
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Split Bedroom
Thermostat
Walk-In Closet(s)
Window Treatments
Rain Gutters
Sidewalk
Sliding Doors
Feature Descriptions
Additional Rooms: Inside Utility
Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Washer
Association Amenities: Basketball Court, Park, Pickleball Court(s), Playground, Pool
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
Directions: Cypress pkwy East to Windmill traffic circle, take 2nd exit to stay on Cypress Pkwy, At water tower take 2nd exit to stay on Cypress pkwy. At bells take 1st exit, Straight at the stop sign, Left on Palmetto st. House will be on left hand side.
Disaster Mitigation: Above Flood Plain, Hurricane Shutters/Windows
Exterior: Concrete
Fencing: Fenced
Flood Zone Code: X
Flooring: Carpet, Laminate
Foundation: Slab
HOA Fee: 296/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Assumable, Cash, Conventional, FHA, VA Loan
Lot: Sidewalk, Paved
Lot Dimensions: 0.18
Number of Pets: 3
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Parking: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
Parking Notes: Driveway, Electric Vehicle Charging Station(s), Gara
Pets Allowed: Cats OK, Dogs OK, Number Limit
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Private Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Sprinkler Recycled, Underground Utilities, Water Connected
Water: Private
Water Access Y/N: No
Water View: Pond
Windows: Blinds, Insulated Windows, Storm Window(s), Window Treatments
Zoning: BOZD
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agent Name: Jonelle Fisher
Agent Phone: (813) 972-3430
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,429.50 per month $732.21 Principal & Interest $601.33 Property Tax $95.96 Homeowner's InsuranceChange Payment Information
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16369 Palmetto Street | MLS# C7529080
This single family home located at 16369 Palmetto Street , Punta Gorda, FL 33982 is currently listed for sale with an asking price of $329,000. This property was built in 2020 and has 3 bedrooms and 2 full baths with 1685 sq. ft. Palmetto Street is located in the BABCOCK RANCH COMMUNITY subdivision. Search BABCOCK RANCH COMMUNITY real estate on jfisher.floridaexecutiverealty.com today.