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Overview

4 bd4 ba3,024 sqft3 car garageSingle Family
TypeSingle Family
HOA$19/mo
Built2026
Lot10,871 sqft
Living area3,024 sqft
Price / sqft$207
Garage3 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
MANDARIN GROVE
Type
Single Family Residence

True monthly carry

HOA
~$19/mo
CDD bond
Yes — typically $1,500–$3,500/yr
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

CDD heads-up.This community is in a Community Development District — there's a separate annual bond payment ($1,500–$3,500 typical) on top of HOA that builders often roll into the mortgage statement. Worth knowing before you write an offer.

About this home

Ceiling Fans(s)High CeilingsOpen FloorplanSolid Surface CountersThermostatWalk-in Closet(s)PoolSidewalks

10916 38th Terrace East is a 2026-built home in Mandarin Grove, Palmetto. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,024 square feet of living space. Listed at $624,900 (about $207/sqft), 129 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $19 monthly.

From the listing

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, an electric radiant cooktop, and a 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 and glass sliding doors. The primary bedroom has three large windows and a tray ceiling. Double doors lead to the bathroom which has dual vanities, a freestanding 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.

The essentials

Built
2026
Price / sqft
$207
On market
129 days
Annual tax
$3,594
HOA
$19/mo
Flood zone
X · Low risk
Lot
10,871 sqft
Type
Single Family Residence

At a glance

Single family
Built 2026
Water views
Water
Community pool
Shared amenity
3 car garage
Driveway
10,871 sqft lot
Lot size

Payment

Est. monthly payment
$3,890/mo
Down payment (20%)
$124,980
Property taxes
$300/mo
HOA
$19/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2026
Lot
10,871 sqft
Cooling
Central Air
Heating
Central, Electric, Heat Pump
Parking
Driveway
Days on Market
129
Ceiling Fans(s)
High Ceilings
Open Floorplan
Solid Surface Counters
Thermostat
Walk-in Closet(s)
Pool
Sidewalks
Built-in Oven
Cooktop
Dishwasher
Disposal
Microwave
Range Hood
In a CDD (Community Development District) Flood Zone X
Annual Tax (2026)
$3,594
Parcel #
612307059

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Mandarin Grove
County
Manatee
MLS Area
34221 - Palmetto/Rubonia
Lot Size
10,871 sqft
Cleared
HOA
$19/mo
Michelle Faro

Price history

Date
Event
Price
10/6/2026
Price change
Source: Stellar MLS #TB8515459
$624,900-3.8%
$207/sqft
-
Price change
Source: Stellar MLS #TB8515459
$649,900-9.0%
$215/sqft
6/3/2026
Listed for sale
Source: Stellar MLS #TB8515459
$713,900
$236/sqft

Neighborhood

10916 38th Terrace East
Palmetto, FL, 34221 · 34221 - Palmetto/Rubonia

Market insights

Offer Insights

Choose an offer strength

List price: $624,900
$620,000 – $624,900
98.8% – 100% of listTops out right at the list price
80% of listList price
223 of the last 444 home closings in 34221 landed at this number or higher (50%). The median one sat 46 days before it went under contract, and this one is on day 129 after a $89,000 cut.

Sample: 444 closed home sales in 34221 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,890/mo
Principal & interest$3,259
Property taxes$300
Insurance$312
HOA$19
Down payment20% · $124,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$624,900

$207 per sq ft

Beds and baths

4 beds, 4 baths

Size

3,024 sq ft

Time on market

129 days

Year built

2026

Monthly payment

About $3,890/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,594 annual tax bill, insurance, and the $19/mo HOA fee.

HOA fee

$19/mo

Managed by Michelle Faro.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byPERRY HOMESListing agent: Toby JonesListing data from Stellar MLS, MLS# TB8515459.

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