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Under ConstructionNew Construction$41,000 price cut

289 Holly Bank AvenueNew Construction Home in Nokomis, FL

Nokomis, FL 34275 · Sarasota County

$624,900

$665,900

$207/sq ft

4 Beds4 Baths3,024 sq ft3-Car GarageBuilt 2026

Photos of 289 Holly Bank Avenue

289 Holly Bank Avenue, Nokomis, photo 1 of 101 / 10

Who is building this home?

This home is listed as built by Perry Homes, floor plan 3024. 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

Under Construction. The two-story front porch welcomes you into the entryway. A secluded guest suite with full bathroom and large walk-in closet is off the main entrance. French doors lead into the home office that offers plenty of natural light. The kitchen features a large island with built-in seating and corner walk-in pantry. The dining area is embraced by a corner of windows and allows access to the backyard covered lanai. The family room boasts tall ceilings. The primary bedroom has three large windows and a tray ceiling. Double doors lead to the bathroom which has dual vanities, a garden tub, glass enclosed shower, and oversized walk-in closet. Upstairs you are greeted by the game room which is surrounded by windows on two sides. Two secondary bedrooms each with walk-in closets and a shared bathroom complete the second level. The home offers ample storage throughout. The laundry room is located off the three-car garage that opens into the drop zone area.

Home details and costs

MLS number
TB8513584
Property type
Single Family Residence
Build stage
Under Construction
Builder
Perry Homes
Floor plan
3024
Heated square feet
3,024 sq ft
Total under roof
3,024 sq ft
Stories
2 Story
Lot size
0.19 acres
Subdivision
Magnolia Bay South Phase 1
HOA fee
$150/yr
Annual property tax
$4,145 (current assessment)
Days on market
81 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

$4,931

$62,490 down (10%) on a $562,410 loan

Principal and interest
$3,555
Property tax (estimated)
$862
Homeowners insurance
$267
HOA
$13
PMI (under 20% down)
$234

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 $4,145 a year, while taxing this purchase price works out closer to $10,348. 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?

Here is what this listing's numbers say about the builder's position.

  • On the market 81 daysContext

    Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.

  • Reduced $41,000 (6%)Worth knowing

    Originally listed at $665,900. 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.

  • Still under constructionContext

    The builder has money in the ground but no finished house to carry, so there is less pressure than on standing inventory. The upside is that some finish selections are usually still open.

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

Virtual tour

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Other new construction homes in Nokomis

Listed by Perry Homes. 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. 289 Holly Bank Avenue, Nokomis, FL 34275 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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