5023 W Leona St, photo 1
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Overview

5 bd6 ba6,996 sqft8 car garageSingle Family
TypeSingle Family
HOANone listed
Built2025
Lot8,155 sqft
Living area6,996 sqft
Price / sqft$786
Garage8 car

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About this home

Built-in FeaturesCeiling Fans(s)Coffered Ceiling(s)Eat-in KitchenElevatorHigh CeilingsKitchen/Family Room ComboOpen Floorplan

5023 W Leona St is a 2025-built home in Madsen Isles, Tampa. Inside you'll find 5 bedrooms, 6 bathrooms, and 6,996 square feet of living space. Listed at $5,500,000 (about $786/sqft), 12 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

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The essentials

Built
2025
Price / sqft
$786
On market
12 days
Annual tax
$6,959
Flood zone
AE
Lot
8,155 sqft
Type
Single Family Residence

At a glance

Single family
4 stories · 2025
Water views
Water
Private pool
Heated
8 car garage
Driveway
8,155 sqft lot
Lot size

Payment

Est. monthly payment
$32,015/mo
Down payment (20%)
$1,100,000
Property taxes
$580/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2025
Lot
8,155 sqft
Cooling
Central Air, Zoned
Heating
Central, Heat Pump, Zoned
Parking
Driveway, Garage Door Opener, Ground Level, Off Street, On Street, Basement
Pool
Gunite, Heated, In Ground, Lighting, Salt Water
Days on Market
12
Built-in Features
Ceiling Fans(s)
Coffered Ceiling(s)
Eat-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
Balcony
Lighting
Outdoor Grill
Outdoor Kitchen
Private Yard
Built-in Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Gas Water Heater
Microwave
Range Hood
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
8,155 sqft
FloodZoneCity LimitsLandscapedLevelStreet Dead-EndPaved

Price history

Date
Event
Price
10/2/2026
Listed for sale
Source: Stellar MLS #TB8554417
$5,500,000+340.0%
$786/sqft
2/9/2024
Sold
Source: Hillsborough County Public Record
$1,250,000
$179/sqft

Neighborhood

5023 W Leona St
Tampa, FL, 33629 · 33629 - Tampa / Palma Ceia

Market insights

Offer Insights

Choose an offer strength

List price: $5,500,000
$5.46M – $5.50M
99.3% – 100% of listTops out right at the list price
80% of listList price
97 of the last 193 home closings in 33629 landed at this number or higher (50%). The median one sat 32 days before it went under contract, and this one is on day 12.

Sample: 193 closed home sales in 33629 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$32,015/mo
Principal & interest$28,685
Property taxes$580
Insurance$2,750
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%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$5,500,000

$786 per sq ft

Beds and baths

5 beds, 6 baths

Size

6,996 sq ft

Time on market

12 days

Year built

2025

Monthly payment

About $32,015/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,959 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

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Brokered bySMITH & ASSOCIATES REAL ESTATEListing agent: Katherine GlaserListing data from Stellar MLS, MLS# TB8554417.

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