Active
$5,500,000
Est. $32,110/mo

5023 W Leona St, Tampa, FL, 33629

$791/sqft·Madsen Isles

5 bd6 ba6,950 sqft8 car garageSingle Family
Listed by COLDWELL BANKER REALTY· Last updated · MLS# TB8502442

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

Est. monthly payment
$32,110/mo
Down payment (20%)
$1,100,000
Property taxes
$580/mo
HOA
$95/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 2026
Water views
Water
Private pool
In Ground
8 car garage
Oversized
10,128 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
MADSEN ISLES
Type
Single Family Residence

True monthly carry

HOA
~$95/mo
CDD bond
No CDD disclosed
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.

About this home

Built-in FeaturesElevatorHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimarybedroom UpstairsSolid Wood CabinetsStone Counters

5023 W Leona St is a 2026-built home in Madsen Isles, Tampa. Inside you'll find 5 bedrooms, 6 bathrooms, and 6,950 square feet of living space. Listed at $5,500,000 (about $791/sqft), 107 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $95 monthly.

From the listing

Brand-new construction (Completed) with modern coastal design, open-water views from a rooftop deck, 8-car garage capacity, and elevated living areas define this new waterfront residence thoughtfully designed and built in the new community of Madsen Isles in South Tampa. Designed for Florida living, the home offers generous indoor-outdoor spaces, quality construction details, masonry concrete block construction, impact-rated windows and doors, and a 4-story elevator. Exceptional living spaces are anchored by an impressive light-filled great room with a 24-foot tiled fireplace wall and 360-degree floating custom fireplace, brushed white oak wood floors, an entertaining bar, and statement lighting. A sleek European-inspired chef’s kitchen features dual quartz islands with waterfall edges, generous seating, Sub-Zero and Wolf appliances, and open connection to the breakfast area and great room, with access to a covered terrace and outdoor kitchen with gas grill, stainless steel sink, mini fridge, and custom countertop. Additional features include a 3-row movie theater with 120” screen and Dolby Atmos 7.1 pre-wire, wine room, lounge, office, powder bath, and five bedrooms with five full baths and one-half bath. A floating staircase leads to the upper living level, where the primary retreat includes a 650-square-foot primary bedroom with private balcony, his-and-her walk-in closets, and a spa-inspired bath with a vessel tub, makeup vanity, and dual rainfall shower heads. Outdoors, enjoy a waterfront pool with sun decks, floating spa, fireplace, covered entertaining areas, tongue-and-groove terrace ceilings, and an outdoor floating staircase connecting the pool area to the living level. The rooftop deck extends the outdoor living experience with open-water views, while the garage level provides rare 8-car capacity. Madsen Isles is an exclusive South Tampa waterfront enclave planned for eight homesites, including six waterfront properties and two off-water properties, with brick paver roadways, underground utilities, and a setting designed to offer a refined residential experience near downtown Tampa, Tampa International Airport, dining, shopping, recreation, sports venues, and area beaches.

The essentials

Built
2026
Price / sqft
$791
On market
136 days
Annual tax
$6,959
HOA
$95/mo
Flood zone
AE
Lot
10,128 sqft
Type
Single Family Residence

Location

5023 W Leona St
Tampa, FL, 33629·33629 - Tampa / Palma Ceia
Type
Single Family Residence
Year Built
2026
Lot
10,128 sqft
Cooling
Central Air, Zoned
Heating
Electric
Parking
Oversized, Basement
Pool
In Ground, Salt Water
Days on Market
136
Built-in Features
Elevator
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primarybedroom Upstairs
Solid Wood Cabinets
Stone Counters
Walk-in Closet(s)
Wet Bar
Outdoor Kitchen
Convection Oven
Cooktop
Dishwasher
Disposal
Gas Water Heater
Microwave
Refrigerator
Tankless Water Heater
Wine Refrigerator

Elementary

Dale Mabry Elementary-HB

Middle

Coleman-HB

High

Plant-HB

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$6,959

Parcel #

A-32-29-18-D04-000000-00002.0

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

Madsen Isles

County

Hillsborough

MLS Area

33629 - Tampa / Palma Ceia

Lot Size

10,128 sqft

Cul-De-Sac
HOA
$95/mo
Madsen Isles Homeowner's Association
Date
Event
Price
8/13/2026
Price change
Source: Stellar MLS #TB8502442
$5,500,000-6.8%
$791/sqft
4/28/2026
Listed for sale
Source: Stellar MLS #TB8502442
$5,900,000+372.0%
$849/sqft
2/9/2024
Sold
Source: Hillsborough County Public Record
$1,250,000
$180/sqft
Est. monthly payment$32,110/mo
Principal & interest$28,685
Property taxes$580
Insurance$2,750
HOA$95
Down payment20% · $1,100,000
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: $5,500,000
$5.47M – $5.50M
99.4% – 100% of listTops out right at the list price
80% of listList price
74 of the last 146 home closings in 33629 landed at this number or higher (51%). The median one sat 38 days before it went under contract, and this one is on day 136 after a $400,000 cut.

Sample: 146 closed home sales in 33629 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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