No photo available
$329,000 Just Listed
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.
Full Property Details
Full Property Details for 16369 Palmetto St
General
- Price: $329,000
- HOA FEE: $296/month
- Taxes: $7,216 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: C7529080
- Updated: Today (8/1/2026)
- Added to Site: Today
Rental Information
- Min. Lease: 2 Months
Interior
- Number of Rooms: 3
- 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
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Basketball Court, Park, Pickleball Court(s), Playground, Pool
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
Location
- Area: 33982 - Punta Gorda
- County: Charlotte
- Development Name: 33982 - Punta Gorda
- Subdivision: BABCOCK RANCH COMMUNITY PH 1B1
- Driving 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.
- Direction Faces: East
Community
- Community Name: 33982 - Punta Gorda
- Community Features: Boat Slip, 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)
- Optional Amenities: Basketball Court, Park, Pickleball Court(s), Playground, Pool
- Association: Yes
- Assoc. Name: CCMC
- Assoc. Fees Include: Community Pool, Internet, Recreational Facilities, Trash
- Number of Pets: 3
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Private Sewer
- Water: Private
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
Structural Information
- Exterior Const.: Concrete
- Roof: Shingle
- Common Walls: Corner Unit
- Windows: Blinds, Insulated Windows, Storm Window(s), Window Treatments
- Stories/Levels: One
- Square Feet: 1,685
- Sq. Ft. Source: Public Records
- Year Built: 2020
Lot Features
- Property View: Water
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,707
- Lot Size: 7707
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Fenced
Water Features
- Water View: Yes
Green Features
- Water Conservation: Irrigation-Reclaimed Water
Financial Considerations
- Association Fee: $296
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- CDD: Yes
- Tax Amount: $7,216.61
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BCR 1B1 00NE 0819 BABCOCK RANCH PHASE 1B1 NORTHEAST LOT 819 (7 708 SF M/L) 4437/2077 4699/2178
- Flood Zone Info: X
- APN: 422629323018
- Property ID: 422629323018
Listed by Exp Realty Llc
Get Pre-Approved Today
Schools
Schools serving 16369 Palmetto St
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
East Elementary School, Punta Gorda, FL 27050 Fairway Drive, Punta Gorda, FL 33982 | PK-5 | 19.7 mi |
Punta Gorda Middle School 1001 Education Avenue, Punta Gorda, FL 33950 | 6-8 | 20.9 mi |
Charlotte High School 1250 Cooper Street, Punta Gorda, FL 33950 | 9-12 | 21.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16369 Palmetto St
Date
Details
Price
Change
Source
8/01/2026
Listed
$329,000
19.64%
MLS
1/19/2021
Sold
$275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16369 Palmetto St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,571
-47%
$305,918
-23%
2024
$8,627
4%
$395,355
10%
2023
$8,333
12%
$359,414
10%
2022
$7,427
24%
$326,740
44%
2021
$5,976
—
$226,376
384%
2021
$5,976
127%
$46,750
—
2019
$2,637
—
$46,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16369 Palmetto St
16369 Palmetto Street, Punta Gorda, FL 33982 (MLS# C7529080) is a Single Family property with 3 bedrooms and 2 full bathrooms. 16369 Palmetto Street is currently listed for $329,000 and was received on August 01, 2026. Want to learn more about 16369 Palmetto Street? Do you have questions about finding other Single Family real estate for sale in Punta Gorda? You can browse all Punta Gorda real estate or contact a Coldwell Banker agent to request more information.
