9118 Optimist WayNew Construction Home in Palmetto, FL
Palmetto, FL 34221 · Manatee County
$369,999
$426,574
$162/sq ft
Photos of 9118 Optimist Way
1 / 23Who is building this home?
This home is listed as built by M/I HOMES, floor plan INNOVATION. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
****SPECIAL FINANCING AVAILABLE FOR A LIMITED TIME ONLY FROM PREFERRED LENDER. RESTRICTIONS APPLY, FOR QUALIFIED BUYERS, SUBJECT TO APPLICABLE TERMS AND CONDITIONS. SUBJECT TO CHANGE WITHOUT NOTICE**** Welcome to Innovation at Southpointe! This stunning two-story home offers 2,286 square feet of thoughtfully designed living space and a spacious two-car garage. Step inside through the inviting foyer, where you’ll find access to the fourth bedroom and full bath, perfect for guests or a private home office. Continue into the heart of the home and discover an open-concept layout featuring a great room, dining area, and a modern kitchen ideal for entertaining. A sliding glass door off the dining space leads to a private patio, creating the perfect spot to enjoy the beautiful Florida outdoors. Upstairs, retreat to the luxurious owner’s suite, complete with a walk-in closet and en-suite bath. Two additional bedrooms share a full bathroom, and the conveniently located laundry room makes everyday living a breeze.
Home details and costs
- MLS number
- R4910278
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Builder
- M/I HOMES
- Floor plan
- INNOVATION
- Heated square feet
- 2,286 sq ft
- Total under roof
- 2,760 sq ft
- Stories
- 2 Story
- Lot size
- 0.11 acres
- Subdivision
- Southpointe
- HOA fee
- $667/quarter
- Annual property tax
- $500 (current assessment)
- Days on market
- 340 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$3,212
$37,000 down (10%) on a $332,999 loan
- Principal and interest
- $2,105
- Property tax (estimated)
- $480
- Homeowners insurance
- $267
- HOA
- $222
- PMI (under 20% down)
- $139
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $500 a year, while taxing this purchase price works out closer to $5,760. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 340 daysStrong signal
Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.
Reduced $56,575 (13%)Strong signal
Originally listed at $426,574. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- James Tillman Elementary
- Middle
- Buffalo Creek Middle
- High
- Palmetto High
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
View the virtual tour for 9118 Optimist Way→Other new construction homes in Palmetto
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Listed by Floriwest Realty Group, Llc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 9118 Optimist Way, Palmetto, FL 34221 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.