8721 Canard CoveNew Construction Home in Palmetto, FL
Palmetto, FL 34221 · Manatee County
$429,999
$455,999
$222/sq ft
Photos of 8721 Canard Cove
1 / 29Who is building this home?
This home is listed as built by M/I HOMES, floor plan PANAMA. 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
Community Pool & Amenity Center Opening Soon!! ****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 the Panama! The Panama is a beautifully designed single-story home that offers approximately 1,933 square feet of thoughtfully planned living space. Featuring four bedrooms, two bathrooms, and a two-car garage, this layout blends comfort, style, and flexibility—perfect for today’s lifestyle. Step inside and experience an open-concept design that connects the spacious great room, dining area, and a stunning kitchen with island, creating the ideal setting for gatherings and entertaining. Just off the entry, you’ll find a private fourth bedroom, offering versatility for guests or a home office. Adjacent to the kitchen, sit two bedrooms and full bath. The owner’s suite is a serene retreat, complete with a generous walk-in closet and dual vanities in the bathroom. Outdoors, enjoy the best of Florida living on the expansive covered lanai—perfect for relaxing evenings or weekend get-togethers. The Panama floor plan delivers the perfect balance of elegance and functionality, giving you endless possibilities to create your dream home.
Home details and costs
- MLS number
- R4911298
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Builder
- M/I HOMES
- Floor plan
- PANAMA
- Heated square feet
- 1,933 sq ft
- Total under roof
- 2,480 sq ft
- Stories
- 1 Story
- Lot size
- 0.16 acres
- Subdivision
- Coasterra
- HOA fee
- $308/quarter
- Annual property tax
- $500 (current assessment)
- Days on market
- 149 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
$3,547
$43,000 down (10%) on a $386,999 loan
- Principal and interest
- $2,446
- Property tax (estimated)
- $570
- Homeowners insurance
- $267
- HOA
- $103
- PMI (under 20% down)
- $161
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 $6,840. 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?
Here is what this listing's numbers say about the builder's position.
On the market 149 daysWorth knowing
Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.
Reduced $26,000 (6%)Worth knowing
Originally listed at $455,999. 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 8721 Canard Cove→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. 8721 Canard Cove, Palmetto, FL 34221 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.