1 day on RocketVideo tour
$5,926 Closing Credit¹
#225026552, John Garuti, Listing Office: EXP Realty LLC
$499,000 List price
16240 Palmetto St Punta Gorda, FL 33982
$5,926
Closing credit¹
4 beds
3 full, 1 partial
3,048 sqft
0.2 acres
$164 / sqft
House
Property details
About 16240 Palmetto St
Welcome to your next home! This spacious 3,036 square foot two-story home features 4 bedrooms, 3 1/2 baths, an oversize garage, and a beautiful back yard with a preserve view with an eastern exposure. Plenty of room out back for entertaining, backyard barbecues, or even building your dream pool! Interior features include luxury vinyl plank flooring on the first floor, and carpet in the upstairs. All 4 bedrooms are located in the huge second floor, with an owner's suite, another en-suite bedroom/bath, and two more bedrooms with a separate third bath. There's a large room in the center of the second floor for relaxing or watching tv with the family, or even letting the kids have their own space while the adults are entertaining downstairs. Downstairs features a large open floorplan, with LG kitchen appliances, quartz counters, and an inviting family room adjoining the kitchen area. There's even a large dining room, and a separate flex/den which can serve as a home office or whatever your space needs may be. Speaking of space...this house has tons of it! There's an under-stair drop zone, tons of closet space, and an oversize 2-car garage with custom hanging storage racks! Step outside your back door into a private oasis featuring a huge yard opening onto a peaceful nature preserve view which will NEVER be developed! This is what Babcock Ranch is all about! Located just a short golf cart or bike ride from downtown Founder's Square and the pool and amenities at Cypress Lodge, you'll have plenty of choices for enjoying community events like art shows and live music downtown, or a quiet hike on the nature trails along Trout Creek just behind you. You'll even be just a short ride from the new amazing nature parks and playgrounds newly opened this summer. Grocery shopping, restaurants, schools and much more are located nearby within Babcock Ranch, so you'll rarely have to venture far from your new home. Set up your private showing today, and see what living in Babcock Ranch is all about!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,048 sqft
Lot size0.18 Acres
Year built2022
MLS #C7506753
Attached garage2 spaces
Virtual tour
Summary
- MLS Number: C7506753
- MLS Name: MFRMLS
- Office Name: EXP REALTY LLC
- Office Phone: (888) 883-8509
- Listing Agent: John Garuti
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:20:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
16240 Palmetto St
$5,926
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 25, 2022 | Home Sold | $420,100 |
| May 14, 2019 | Home Sold | $2,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $440,250 | $8,726 |
| 2022 | $45,900 | $2,924 |
| 2021 | $46,750 | $2,924 |
| 2020 | $46,750 | $2,663 |
| 2019 | $46,750 | $- |
History based on county public records data.
Nearby schools
4
River Hall Elementary School
Public District KG-5
6.0 mi
•2800 River Hall Pkwy
5
Bayshore Elementary School
Public District KG-5
8.6 mi
•17050 Williams Rd
4
Manatee Elementary School
Public District KG-5
8.8 mi
•5301 Tice St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,417. Most Punta Gorda, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
46%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
9%
Single, with Kids
31%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
45%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Jimmy Johns
Hardee's
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 16240 Palmetto St
This home is located at 16240 Palmetto St in Punta Gorda, FL and zip code 33982. This 3,048 square foot home, which was built in 2022, sits on a 0.18 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $499,000.
While more than 4 listings in Punta Gorda, FL in February 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 150 were sold below. Between January and February 2025, Punta Gorda, FL real estate market has seen increase in the number of listings by 10.6%. While the average time on the market in February 2025 was 104 days, the median list price was $375,617.
From Rocket Homes Real Estate and based on county public records data.