$5,900,000
5023 Leona Street
Tampa, FL 33629
Listing updated: May 2, 2026 at 11:10 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history4 days on market
- Status: ActiveApr 28, 2026
- Listed$5,900,000Apr 28, 2026
- Price increased$5,900,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 4
- Subdivision
- Madsen Isles
- County
- Hillsborough
- Year built
- 2026
- Living area
- 6,950 sq ft
- Price/sq ft
- $849
- Building area
- 11,977 sq ft (Public Records)
- Lot size
- 8,155 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12057C0342J)
- Garage
- 8 spaces
- Pool
- Private pool
- Annual taxes
- $6,959 (2025)
- Parcel #
- A-32-29-18-D04-000000-00002.0
- Zoning
- RS-75
- MLS #
- TB8502442
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 5
- Half bathrooms
- 1
- Flooring
- Carpet, Tile, Wood
- Appliances
- Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Wine Refrigerator
- 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
- Laundry Room
- Stories / Levels
- Three Or More
- Direction faces
- South
- Fireplace
- Yes
- New construction
- Yes
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air, Zoned
Parking
- Garage spaces
- 8
- Attached garage
- Yes
- Parking features
- Oversized, Basement
HOA & Financial
- HOA fee
- $95 / Monthly
- Monthly HOA
- $95/mo
- Total monthly fees
- $95/mo
- Total annual fees
- $1,140
- HOA name
- Madsen Isles Homeowner's Association
- CDD
- No
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See HOA docs
Exterior & Construction
- Exterior features
- Outdoor Kitchen
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Media Room | First | 19x23 |
| Great Room | First | 21x29 |
| Dining Room | First | 23x18 |
| Kitchen | First | 18x25 |
| Bedroom 2 | First | 12x14 |
| Primary Bedroom | Second | 17x28 |
| Bedroom 3 | Second | 16x21 |
| Bedroom 4 | Second | 16x16 |
| Bedroom 5 | Second | 13x14 |
| Office | Second | 12x14 |
Listing Details
- Listing date
- 2026-04-28
- On market date
- 2026-04-28
- Original list price
- $5,900,000
- Occupant type
- Vacant
- MLS area
- 33629 - Tampa / Palma Ceia
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-28
- Tax legal description
- MADSEN ISLES LOT 2
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South on Westshore Blvd, Right on W Leona St, to end
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 2, 2026 at 11:10 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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