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.
Property Details
Price:
$5,500,000
MLS #:
TB8502442
Status:
Active
Beds:
5
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MADSEN ISLES
Neighborhood:
33629tampapalmaceia
Listed Date:
Apr 28, 2026
Finished Sq Ft:
6,950
Total Sq Ft:
11,977
Lot Size:
10,128 sqft / 0.19 acres (approx)
Year Built:
2026
See this Listing
Schools
Elementary School:
Dale Mabry Elementary-HB
Middle School:
Coleman-HB
High School:
Plant-HB
Interior
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Wine Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Zoned
Flooring
Carpet, Porcelain Tile, Hardwood
Heating
Electric
Interior Features
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
Laundry Features
Laundry Room
Levels
Three Or More
Exterior
Architectural Style
Contemporary
Attached Garage YN
1
Construction Materials
Block, Stucco
Covered Spaces
8
Direction Faces
South
Exterior Features
Outdoor Kitchen
Garage Spaces
8
Lot Features
Cul-De-Sac
New Construction YN
1
Parking Features
Oversized, Under Building
Patio And Porch Features
Covered, Patio
Roof
Shingle
View
Water
Financial
HOA Fee
$95
HOA Fee Frequency
Monthly
HOA Name
Madsen Isles Homeowner’s Association
HOA Phone
8886632271
Tax Year
2025
Taxes
$6,959
Map
Community
- Address5023 W LEONA STREET TAMPA FL
- SubdivisionMADSEN ISLES
- CityTAMPA
- CountyHillsborough
- Zip Code33629
Subdivisions in TAMPA
Market Summary
Current real estate data for Single Family in TAMPA as of Aug 29, 2026
2,733
Single Family Listed
100
Avg DOM
349
Avg $ / SqFt
$816,465
Avg List Price
Property Summary
- Located in the MADSEN ISLES subdivision, 5023 W LEONA STREET TAMPA FL is a Single Family for sale in TAMPA, FL, 33629. It is listed for $5,500,000 and features 5 beds, 6 baths, and has approximately 6,950 square feet of living space, and was originally constructed in 2026. The current price per square foot is $791. The average price per square foot for Single Family listings in TAMPA is $349. The average listing price for Single Family in TAMPA is $816,465. To schedule a showing of MLS#tb8502442 at 5023 W LEONA STREET in TAMPA, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5023 W LEONA STREET
TAMPA, FL
