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506 Madrid Dr, Tierra Verde, FL, 33715

$1,400,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,589 SqFt
$541/SqFt
House
Schools Nearby

Location

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506 Madrid Dr, Tierra Verde$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Faces Side, Oversized
Attached Garage3 spaces
Year Built1995
HeatingCentral, Electric
CoolingCentral Air
FireplaceLiving Room, Wood Burning
MLS #U8234447
Lot Size0.29 Acres
StatusActive

About 506 Madrid Dr

Welcome to your dream home on the picturesque island of Tierra Verde, where luxury meets comfort in this beautifully remodeled single-story 4 bedroom, 3 bath home. Nestled in an excellent cul-de-sac location, this stunning property offers a seamless blend of modern elegance and Florida charm. As you step inside, you'll be greeted by the grandeur of volume ceilings that adorn every room, creating an airy and spacious atmosphere. The flexible floor plan caters to every need, boasting a thoughtfully designed split floor plan with a guest suite, a formal dining room, and a separate office for the ultimate convenience. Prepare to be dazzled by the stunning new kitchen, adorned with white shaker cabinetry that extends to the ceiling, complemented by lighted glass cabinets for a touch of sophistication. The gorgeous quartz countertops, walk-in pantry, and stainless steel farm sink elevate the culinary experience, while the breakfast bar overlooks the spacious family room, complete with a cozy wood-burning fireplace and built-in features. Sunlight floods the home through ample windows, accentuated by new custom window treatments that add a touch of refinement to every room. The all-new wide plank luxury vinyl flooring throughout the great room, kitchen and most bedrooms exudes modern elegance, creating a seamless flow throughout the home as well as the floor to ceiling pocket sliding doors that create a seamless flow to the exterior. The roomy primary suite features sliding doors leading to the outdoor entertaining area, inviting you to indulge in the serene surroundings. Two walk-in closets provide ample storage, while the luxurious en-suite bath is a sanctuary of relaxation, featuring separate vanities, a soaking tub, a walk-in shower, and a private water closet. Step outside to the expansive lot, where the potential for a pool awaits, and the outdoor living area has been recently enhanced with an additional built-up brick paver deck, extending the living spaces into the serene outdoors. Your very own custom Tiki Hut beckons, setting the stage for unforgettable gatherings and laid-back evenings in your private oasis. To top it all off, an oversized 3-car side-loading garage stands ready to accommodate all your additional toys, ensuring that every need is met with style and functionality. With its prime location just minutes from the vibrant city of St. Petersburg, nearby white sand beaches and the cultural offerings of the Tampa Bay area, Tierra Verde strikes the perfect balance between serene island living and urban convenience. Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1995
  • Stories: 1
  • Living Area: 2,589 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Office Phone: (727) 339-7902
  • Listing Agent: Tammy Campbell McNelis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Luxury Vinyl
  • Interior: Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Lighting, Sliding Doors

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Faces Side, Oversized

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Flood Zone, Paved
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lakewood High School, Public Magnet Grades 9-12
  • Bay Point Middle School, Public Magnet Grades 6-8
  • Gulfport Montessouri Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: I-275 to Pinellas Bayway. left at light onto Pinellas Bayway S toward Fort DeSoto, right onto Madonna, left on 6th Ave, left on Madrid.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $541/SqFt

HOA Fees:

  • Amount: $350
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,521
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8234447

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Office Phone: (727) 339-7902
  • Listing Agent: Tammy Campbell McNelis

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 8:19:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 08, 2012Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,521$566,036
2019$10,107$538,558
2018$9,626$508,250
2017$9,033$469,056

History based on county public records data.

Payment Calculator

$7,084

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2064820
3
/10
  • Gulfport Montessouri Elementary School

  • 2014 52nd St S

  • 4.75 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2064821
2
/10
  • Bay Point Middle School

  • 2151 62nd Ave S

  • 4.47 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2064822
3
/10
  • Lakewood High School

  • 1400 54th Ave S

  • 5.07 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $128,646. Most Pinellas County, FL residents have annual incomes between $100k-200k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Madrid Dr

What is the listing price of this property?

The listing price of 506 Madrid Dr property is $1,400,000.

What type of property is this?

The property 506 Madrid Dr is a house located in Tierra Verde, Florida, 33715.

Is this property for sale now?

Active Listing: 506 Madrid Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Madrid Dr are:
Gulfport Montessouri Elementary School: GreatSchools Rating 3/10
Bay Point Middle School: GreatSchools Rating 2/10
Lakewood High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,521 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 8, 2012 for $450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Madrid Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 506 Madrid Dr is 2,589 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Madrid Dr is 1995.

Rocket Homes›Florida›Pinellas County›Tierra Verde›33715›506 Madrid Dr

This home is located at 506 Madrid Dr in Tierra Verde, FL and zip code 33715 in the Tierra Verde neighborhood. This 2,589 square foot home, which was built in 1995, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $1,400,000.

Pinellas County, FL housing market in March 2024 saw over 183 listings sold above listed price, more than 250 sold at listed price and over 1170 sold below. Between February 2024 and March 2024, Pinellas County, FL real estate market has seen increase in the number of listings by 8.4%. The median list price of listings available in March 2024 was $400,011, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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