16420 Seven Lakes AVENUE, Punta Gorda, FL, 33982 | $2,900

Introducing the Cardinal model by Meritage Homes, this brand-new home in the desirable Crescent Lakes, a gated community within Babcock Ranch. This spacious home offers 3 bedrooms, a flexible den, and 2. 5 bathrooms, with stylish luxury vinyl flooring in living areas and plush carpeting in the bedrooms. The open-concept kitchen and family room creates a warm, connected space ideal for entertaining, featuring a large island and premium finishes throughout. Enjoy breathtaking sunset views from your screened-in lanai overlooking a beautiful pond. A spacious three-car garage adds convenience and ample storage to this thoughtfully designed home. Crescent Lakes offers an exclusive community pool, half court basketball and pickleball courts for added outdoor fun. Babcock Ranch is a town known for its remarkable resiliency, built with infrastructure designed to withstand hurricanes and other extreme weather events. Equipped with a robust stormwater management system, underground utilities, and backup solar power, Babcock Ranch provides peace of mind and security during hurricane season. Join the active, vibrant lifestyle with regular events that brings the community together. Enjoy food trucks every Friday and Saturday with live music, plus a weekly farmers market offering fresh, local produce. With plenty of outdoor activities, walking trails, and social gatherings, Babcock Ranch delivers a lively, connected atmosphere that makes every day feel like a special occasion.

Features

  • Type: Single Family Residence
  • Rooms: 1
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2024
  • Garage: 3-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,118
  • Acreage: 0.21
  • Lot Desc: Sidewalk
  • View: Water
  • Pet Policy: Pet Deposit, Size Limit
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Touchless Faucet, Washer
  • Lease Terms: 12 Months
  • MLS#: C7499762
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/C7499762/16420sevenlakesavenue_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 11/22/2024 5:05:24 AM)
Listing courtesy of EXP Realty LLC   Phone: 888-883-8509

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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16420 Seven Lakes AVENUE, Punta Gorda, FL, 33982

$2,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,320 $2,320 $2,320
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $15 $15 $20
Total Monthly Payment $90 $90 $95

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.