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10916 38th Terrace East, Palmetto, FL, 34221

$223/sqft·Mandarin Grove

4 bd4 ba3,024 sqft3 car garageSingle Family
Listed by PERRY HOMES· Last updated · MLS# TB8515459

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

Est. monthly payment
$4,176/mo
Down payment (20%)
$134,980
Property taxes
$300/mo
HOA
$19/mo
Rate assumed
6.8% · 30 yr
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At a glance

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

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 $674,900 (about $223/sqft), 93 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
$223
On market
100 days
Annual tax
$3,594
HOA
$19/mo
Flood zone
X · Low risk
Lot
10,871 sqft
Type
Single Family Residence

Location

10916 38th Terrace East
Palmetto, FL, 34221·34221 - Palmetto/Rubonia
Type
Single Family Residence
Year Built
2026
Lot
10,871 sqft
Cooling
Central Air
Heating
Central, Electric, Heat Pump
Parking
Driveway
Days on Market
100
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
Date
Event
Price
9/4/2026
Price change
Source: Stellar MLS #TB8515459
$674,900-2.2%
$223/sqft
Price change
Source: Stellar MLS #TB8515459
$689,900-3.4%
$228/sqft
6/3/2026
Listed for sale
Source: Stellar MLS #TB8515459
$713,900
$236/sqft
Est. monthly payment$4,176/mo
Principal & interest$3,520
Property taxes$300
Insurance$337
HOA$19
Down payment20% · $134,980
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.

Offer Insights

Choose an offer strength

List price: $674,900
$665,000 – $674,900
98.8% – 100% of listTops out right at the list price
80% of listList price
175 of the last 349 home closings in 34221 landed at this number or higher (50%). The median one sat 47 days before it went under contract, and this one is on day 100 after a $39,000 cut.

Sample: 349 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

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