16369 PALMETTO STREET, PUNTA GORDA, FL, 33982
Active12 days on marketListed Aug 1, 2026MLS #C7529080
About this home
16369 PALMETTO STREET
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 and dishwasher, and the washer and dryer are also included, 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 location, 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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,685
Sqft
0.18 ac
Lot size
2
Garage
2020
Year built
One
Levels
$195
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,140 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,140/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−0.1%
$/sqft vs Punta Gorda actives
$195 vs $207
Days on market
12 vs 63 typical
Where $195/sqft sits among the 400 Punta Gorda actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Punta Gorda
Get to know Punta Gorda. See the full Punta Gorda guide →
PUNTA GORDA 33982 — neighborhood snapshot
Population
12,543
Median age
53.1
Median income
$68,514
Median home value
$285,400
Avg household
2.24
Households w/ children
1,033
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$345K → $330K
Punta Gorda median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
196 of 400
Punta Gorda actives have cut their price
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 159% above the PUNTA GORDA 33982 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 16369 PALMETTO STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$412,000
16248 PALMETTO STREET · same community
3 bd · 2 ba · 1,911 sqft · $216/sqft · 87 DOM
Sold · Apr ’26$412,000
16248 PALMETTO STREET · same community
3 bd · 2 ba · 1,911 sqft · $216/sqft · 0 DOM
Sold · Jan ’26$430,000
16160 LOTUS WAY · same community
4 bd · 3 ba · 2,027 sqft · $212/sqft · 2 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 16369 PALMETTO STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16369 PALMETTO STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
16369 PALMETTO STREET FAQs
What would the monthly payment be for 16369 PALMETTO STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,140/mo — principal and interest, the actual property-tax bill, the $296/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 16369 PALMETTO STREET?+
The association fee works out to $296 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 16369 PALMETTO STREET?+
The most recent tax bill on record (2025) was $7,217. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 16369 PALMETTO STREET?+
The listing reports pets: Cats OK, Dogs OK, Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Punta Gorda?+
At $329,000, this home is listed about 3% below the Punta Gorda median of $339,900. The market section on this page shows how the area is trending.
Which schools are assigned to 16369 PALMETTO STREET?+
East Elementary School (elementary), Punta Gorda Middle School (middle), Charlotte High School (high) — Charlotte County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Jason Liebman. MLS #C7529080.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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