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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 Details
Price: $5,500,000
Sq Ft: 6,996
($786 per
sqft)
Bedrooms: 5
Bathrooms: 5
Partial Baths: 1
City: Tampa
County: Hillsborough
Type: Single Family
Development: Madsen Isles
Acres: 0.1900
Virtual Tour/Floorplan:
View
Year Built: 2025
Listing Number: TB8554417
Status Code: A-Active
Taxes: $6,959.09
Tax Year: 2025
Garage:
8
/
Y
Furnishings: Unfurnished
Interior Features:
Built-in Features
Ceiling Fans(s)
Coffered Ceiling(s)
Eat-in Kitchen
Elevator
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Upstairs
Solid Surface Counters
Solid Wood Cabinets
Tray Ceiling(s)
Walk-In Closet(s)
Wet Bar
Financial Information:
Taxes: $6,959.09
Tax Year: 2025
Exterior Features:
Balcony
Lighting
Outdoor Grill
Outdoor Kitchen
Private Yard
Equipment:
Built-In Oven
Convection Oven
Cooktop
Dishwasher
Disposal
Gas Water Heater
Microwave
Range Hood
Refrigerator
Tankless Water Heater
Wine Refrigerator
View:
Water
School Information:
Elementary School: Dale Mabry Elementary-Hb
Middle School: Coleman-Hb
Junior High: Coleman-Hb
High School: Plant-Hb
Additional Information:
Building Description: Contemporary
MLS Area: 33629 - Tampa / Palma Ceia
Total Square Footage: 12,246
Price per Square Feet: $786.16
Total Floors: 4
Water: Public
Construction: Block, Stucco
Date Listed: 2026-10-02 00:00:00
Pool: Y
Pool Description: Gunite, Heated, In Ground, Lighting, Salt Water
Private Spa: Y
Furnished: Unfurnished
Windows: Aluminum Frames, Double Pane Windows, Low-Emissivity Windows, Storm Window(S)
Parking: Driveway, Garage Door Opener, Ground Level, Off Street, On Street, Basement
Garage Description: Y
Garage Spaces: 8
Attached Garage: Y
Flooring: Carpet, Tile, Wood
Roof: Shingle
Heating: Central, Heat Pump, Zoned
Cooling: Central Air, Zoned
Fireplace: Y
Laundry: Inside, Laundry Room, Upper Level
Sewer: Public Sewer
Lot Desc.: Flood Zone, City Limits, Landscaped, Level, Street Dead-End, Paved
Parcel ID: A-32-29-18-D04-
Map of 5023 Leona Street W, Tampa, FL 33629
Listing Courtesy Of: Smith & Associates Real Estate
kglaser@smithandassociates.com