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$5,500,000

5023 W LEONA STREET, TAMPA, FL 33629

3D Tour
Active15 days on market

Beds

5

Baths

6

Sq Ft

6,996 sq ft

Year Built

2025

Lot Size

0.19 acres

Garage

8

About This Property

The last off-water residence available in Madsen Isles, an exclusive eight-home South Tampa enclave with brick-paver streets, underground utilities and a quiet cul-de-sac setting. Developed by Modesta Homes and just completed, this coastal modern residence offers nearly 7,000 square feet of elevated living, open-water views from a private rooftop terrace, a four-stop elevator and an extraordinary eight-car garage. The scale is immediately apparent, with a dramatic 24-foot great room and foyer, 10-foot impact sliding glass doors and wide-plank brushed white oak flooring. A soaring tiled fireplace wall with a 360-degree floating fireplace creates a striking architectural focal point, while Level 5 drywall, 8-foot solid-core doors and custom lighting reflect the quality of finish throughout. The kitchen is distinctly custom, featuring built-to-order Luxor European frameless cabinetry that combines high-gloss finishes and natural walnut, dual islands wrapped in book-matched quartz waterfalls and a complete Sub-Zero and Wolf appliance package. A walnut butler's pantry extends the kitchen and provides additional space for entertaining. Designed for both large-scale entertaining and everyday living, the home includes a three-row theater with a 120-inch 4K screen, a temperature-controlled wine room, a bar and lounge, a private office, and a second-floor loft. The main living spaces open to a covered terrace with an outdoor kitchen overlooking the pool, sun decks, floating spa and fireplace. Above, the private rooftop terrace captures open-water views and creates another exceptional outdoor living space. The approximately 650-square-foot primary suite features a private balcony, nearly 400 square feet of separate closets and a spa-inspired bath with a 71-inch vessel soaking tub and dual rainfall showers. Four additional bedrooms complete the five-bedroom, five-and-one-half-bath layout. Equally considered behind the walls, the home was constructed for Florida living with masonry block on pilings, 8-inch core-filled walls, impact-rated windows and doors, spray-foam insulation and a TPO roof. A certified FEMA elevation certificate places the living floor and A/C equipment at 17.6 feet NAVD, an extra 6.6 feet above base flood elevation. Four-zone HVAC, 350-amp electrical service, tankless recirculating hot water and pre-wired security complete the systems. A rare combination of architectural scale, custom construction and resort-style living within one of South Tampa's most intimate new enclaves. Builder and manufacturer warranties transfer to the buyer at closing.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8554417
StatusActive
Year Built2025
Stories4
Total Rooms10
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesSouth
SubdivisionMADSEN ISLES
CountyHillsborough
OwnershipFee Simple
New ConstructionYes

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Coffered Ceiling(s), Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
FlooringCarpet, Porcelain Tile, Hardwood
AppliancesBuilt-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
LaundryInside, Laundry Room, Upper Level
WindowsAluminum Frames, Double Pane Windows, Low-Emissivity Windows, Storm Window(s)
CoolingCentral Air, Zoned
HeatingCentral, Heat Pump, Zoned
FireplaceYes ()

Exterior & Lot

ExteriorBalcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Sliding Doors
FencingFenced
Lot Size0.19 acres (8,155 sq ft)
Lot Dimensions100 x 81.55
Lot FeaturesFloodZone, City Lot, Landscaped, Level, Street Dead-End
Road SurfacePaved
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesGunite, Heated, In Ground, Lighting, Salt Water
SpaHeated, In Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

GarageYes (8 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$5,500,000
Annual Taxes$6,959 (2025)
FinancingCash, Conventional
ZoningRS-75
Parcel #A322918D0400000000002.0

Schools

ElementaryDale Mabry Elementary-HB
MiddleColeman-HB
HighPlant-HB

Directions

Heading S on Westshore Blvd, turn right onto W Leona St, property is on the right

Location

5023 W LEONA STREET, TAMPA, FL 33629

Listing Information

OfficeSMITH & ASSOCIATES REAL ESTATE
ListedOctober 2, 2026

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Home Price

$5,500,000

20% ($1,100,000)
6.75%

Loan Term

Principal & Interest$28,538
Property Tax (est.)$5,042
Insurance (est.)$150
Total Monthly$33,730
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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: October 17, 2026.

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