$799,000
367 Madeira Circle
Tierra Verde, FL 33715
Listing updated: June 22, 2026 at 6:47 AM ET
Listing courtesy of Destination Florida Rentals & Real Estate · Christopher Smith · MLS #TB8521570 · Active · 727-866-7368Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage spaces
Flood zone
About this home
Welcome to waterfront living in the highly sought-after Palms of Tierra community! This beautifully updated 3-bedroom, 3-bathroom end-unit townhome offers the perfect blend of comfort, coastal charm, and boating convenience. Included with the property is a deeded 50-foot boat slip with a 13,000-pound lift, making it easy to enjoy the Gulf waters. Positioned along a protected canal with scenic water views, the home features waterfront balconies that create the perfect setting for morning coffee, evening cocktails, or simply enjoying the Florida lifestyle. Inside, warm 3/4 oak-wood flooring, vaulted ceilings, and abundant natural light create a welcoming and spacious atmosphere throughout. The living area includes a wood-burning fireplace, which opens to a waterfront balcony, while the kitchen features custom oak wood cabinetry, premium quartz countertops, stainless steel appliances, generous counter space, and ample storage. The third-floor owner's suite offers a peaceful retreat with vaulted ceilings, dual closets, a private balcony overlooking the water, and a beautiful walk-in shower with whole-slab Italian marble. Additional bedrooms provide comfortable accommodations for family and guests, and three skylights bring natural light into the upper level. The 2-car tandem garage provides space for vehicle storage and other equipment. Updates include a Tempstar HVAC system installed in 2021, hurricane windows, a central vacuum system, and a water softener system. Residents enjoy access to a community pool, clubhouse, tennis courts, and beautifully maintained grounds, with water, cable, and internet included for added convenience. Whether you're seeking a primary residence, seasonal getaway, or waterfront retreat, this exceptional townhome offers an opportunity to enjoy the best of coastal Florida living.
Local Insight
At $504/sqft for a 1998 townhouse in an AE flood zone, you're paying a waterfront premium that comes with real costs—factor that $657 monthly HOA into your long-term numbers, plus flood insurance will likely run $1,500+ annually. The water access and views are genuine draws if you're serious about waterfront living, but the tight 0.02-acre lot and townhouse structure mean limited privacy and someone else controlling major decisions about the building. The 26-year-old construction is solid enough but worth a thorough inspection, especially given the flood zone and the fact that you're essentially paying for location rather than getting much square footage.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history1 days on market
- Status: ActiveJun 21, 2026
- Listed$799,000Jun 21, 2026
- Price increased$799,000
Facts & features
- Property type
- Residential
- Sub type
- Townhouse
- Status
- Active
- Days on market
- 1
- Cumulative DOM
- 237
- Subdivision
- Palms Of Tierra
- County
- Pinellas
- Year built
- 1998
- Living area
- 1,585 sq ft
- Price/sq ft
- $504
- Lot size
- 902 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0286H)
- Garage
- 2 spaces
- Annual taxes
- $6,847 (2025)
- Parcel #
- 20-32-16-65905-001-0190
- Zoning
- RM-15
- MLS #
- TB8521570
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Ceramic Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
- Interior features
- Ceiling Fans(s), Central Vaccum, Open Floorplan, Solid Surface Counters, Thermostat, Vaulted Ceiling(s)
- Laundry
- Inside
- Stories / Levels
- Three Or More
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener, Ground Level, Off Street, Tandem
HOA & Financial
- HOA fee
- $657 / Monthly
- Monthly HOA
- $657/mo
- Total monthly fees
- $722/mo
- Total annual fees
- $8,664
- HOA name
- Resource Property Management
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please confirm lease restrictions with HOA
- Approval process
- Confirm HOA approval process and fees with Resource Property Management
Exterior & Construction
- Exterior features
- Balcony, Sliding Doors
- Construction materials
- Block, Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Foyer | First | 5.1x7.4 |
| Living Room | Second | 14.3x23.11 |
| Kitchen | Second | 7.3x12.7 |
| Bedroom 1 | Third | 11.11x9.11 |
| Primary Bathroom | Third | 7.5x10.4 |
| Primary Bedroom | Third | 14.3x14.3 |
| Bathroom 2 | Second | 7.8x4.11 |
| Bedroom 2 | Second | 12x11.1 |
| Bathroom 1 | Third | 7.5x10.4 |
Listing Details
- Listing date
- 2026-06-20
- On market date
- 2026-06-21
- Original list price
- $799,000
- Occupant type
- Vacant
- MLS area
- 33715 - St Pete/Tierra Verde
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-21
- Tax legal description
- PALMS OF TIERRA, REPLAT OF BLK A, LOT 19 TOGETHER WITH THE USE OF BOAT SLIP 1 (AS DESC IN O.R. 8970/1886 DOCK PLAN)
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
From I-275 exit at Pinellas Bayway and go west to 679 OR From St Pete Beach go east to 679. South on 679 to Tierra Verde. Palms of Tierra community on left about .25 miles after bridge/round-about. Proceed to community.
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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 June 22, 2026 at 6:47 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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