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Move-In ReadyNew Construction$33,830 price cut

8720 Canard CoveNew Construction Home in Palmetto, FL

Palmetto, FL 34221 · Manatee County

$459,999

$493,829

$197/sq ft

3 Beds3 Baths2,337 sq ft2-Car GarageBuilt 2026

Photos of 8720 Canard Cove

8720 Canard Cove, Palmetto, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by M/I Homes, floor plan AUGUSTINE. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

Community Pool & Amenity Center Opening Soon!! MODEL NOW OPEN!!! ****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**** The Augustine is a thoughtfully designed single-story home offering 2,337 square feet of comfortable, functional living space. This spacious layout features three bedrooms, two full bathrooms, a powder room, a den, and a seamless open-concept design ideal for modern living. Step into the inviting foyer and you’ll find a den off to one side, follow by two secondary bedrooms and a shared full bath, creating a private wing perfectly suited for guests or residents. As you continue down the hall, the home opens into an expansive great room. The dining area and kitchen flow effortlessly into the great room, creating an inviting atmosphere ideal for everyday living and entertaining. The well-appointed kitchen features a large center island, generous cabinetry, and a walk-in pantry for ample storage. Privately situated at the rear of the home, the owner’s suite serves as a peaceful retreat, complete with a spacious walk-in closet and a luxurious en-suite bath featuring dual vanities and a walk-in shower. Just off the dining area, you’ll find access for the outdoor lanai, providing the perfect space to enjoy Florida living year-round. Additional highlights include a conveniently located laundry room, a powder bath, and a two-car garage with easy access from the foyer hallway. Thoughtfully crafted for comfort, style, and flexible living, the Augustine delivers everything you need on one beautifully arranged level.

Home details and costs

MLS number
R4910973
Property type
Single Family Residence
Build stage
Move-In Ready
Builder
M/I Homes
Floor plan
AUGUSTINE
Heated square feet
2,337 sq ft
Total under roof
3,034 sq ft
Stories
1 Story
Lot size
0.19 acres
Subdivision
Coasterra
HOA fee
$308/quarter
Annual property tax
$500 (current assessment)
Days on market
196 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

$3,774

$46,000 down (10%) on a $413,999 loan

Principal and interest
$2,617
Property tax (estimated)
$615
Homeowners insurance
$267
HOA
$103
PMI (under 20% down)
$172

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 $7,380. 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 home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 196 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 $33,830 (7%)Worth knowing

    Originally listed at $493,829. 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.

Ask Barrett what this builder will move on

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

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Other new construction homes in Palmetto

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. 8720 Canard Cove, Palmetto, FL 34221 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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