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$499,000

381 MADEIRA CIRCLE, TIERRA VERDE, FL 33715

Active85 days on market

Beds

Baths

Sq Ft

1,585 sq ft

Year Built

1998

Lot Size

0.02 acres

Garage

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About This Property

Welcome to your coastal retreat in the highly desirable Tierra Verde community, just minutes from the award-winning beaches of Fort De Soto Park. Known for its pristine shoreline, scenic trails, and laid-back island lifestyle, this location offers the perfect blend of tranquility and convenience. This beautifully maintained three-story townhouse offers both space and functionality. The ground level features an expansive tandem three-car garage, or a two-car setup with a dedicated workshop—ideal for hobbies, storage, or additional workspace. The second level showcases a bright and open-concept living, dining, and kitchen area—perfect for entertaining or everyday living. This level also includes a fully updated bathroom with brand-new porcelain tile, vanity, mirror, and toilet, along with a laundry area and a versatile office or guest bedroom. Upstairs on the third level, you’ll find the spacious primary suite featuring new luxury vinyl flooring and a private balcony with freshly stained wood flooring—perfect for enjoying morning coffee or evening breezes. An additional guest bedroom with new luxury vinyl flooring and a fully renovated bathroom complete this level. Additional upgrades include interior paint (October 2022), a water softener (2022), and a brand-new AC unit, providing comfort and peace of mind for years to come. Notably, the property experienced no flooding during recent storms, including Hurricane Helene and Hurricane Milton, offering added confidence in its resilience. Experience coastal living at its finest in one of St. Pete’s most sought-after island communities.

Property Overview

Property TypeResidential

Sub TypeTownhouse

MLS #TB8498728

StatusActive

Year Built1998

Stories3

Total Rooms3

ConstructionBlock, Stucco, Wood Frame

RoofShingle

FoundationBlock, Slab

FacesNortheast

SubdivisionPALMS OF TIERRA

CountyPinellas

OwnershipFee Simple

FurnishedPartially

Interior Features

InteriorCeiling Fan(s), Open Floorplan, PrimaryBedroom Upstairs, Skylight(s), Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

FlooringEngineered Hardwood, Luxury Vinyl, Porcelain Tile

AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener

LaundryInside

WindowsWindow Treatments

CoolingCentral Air

HeatingCentral, Electric

FireplaceYes ()

SecuritySmoke Detector(s)

Exterior & Lot

ExteriorBalcony

Lot Size0.02 acres (902 sq ft)

Road SurfaceAsphalt, Concrete

Utilities

WaterPublic

SewerPublic Sewer

UtilitiesBB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected

Parking

GarageYes (3 spaces)

HOA & Community

HOAYes

HOA Fee$645 / Monthly

Senior CommunityNo

Financial Details

List Price$499,000

Original Price$549,000

Annual Taxes$5,645 (2025)

FinancingCash, Conventional, FHA, VA Loan

ZoningRM-15

Parcel #203216659050010130

Directions

Pinellas Bayway S to Madeira Circle on east side of the Bayway. Property is on the right.

Location

381 MADEIRA CIRCLE, TIERRA VERDE, FL 33715

Listing Information

OfficeREALTY ONE GROUP INNOVATION

ListedApril 16, 2026

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Pick a Day

Preferred Time

Home Price

$499,000

Down Payment20% ($99,800)

Interest Rate6.75%

Loan Term

Principal & Interest$2,589

Property Tax (est.)$457

Insurance (est.)$150

Total Monthly$3,197

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How to Buy This Home

Multiple financing options available for this $499,000 home in TIERRA VERDE.

🏛️

FHA Loan

$17,465 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$24,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Full Calculator →First-Time Buyer Guide →VA Loan Guide →

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 10, 2026.