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Sold for $885,000
  • $885,000

    2506 MADRID WAY S, ST PETERSBURG, FL 33712

    3beds
    2,247sqft
    Single Family Residence
    Built in 1962
    9,675 Square Feet Lot
    $868,100 Zestimate®
    $394/sqft
    $4,796 Estimated rent

    Home value

    $868,100

    $790,000 - $955,000

    $4,796/mo

    Zestimate® history
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    What's special

    Newly screened pool areaSpa-inspired finishesCompletely reimagined interiorBreathtaking golf course viewsPrivate cul-de-sacSleek cabinetryTile roof
    No HOA. No Flood Zone with Water View. No Interior Damage During Hurricanes. Located at the end of a private cul-de-sac in Lakewood Estates, this exceptional home offers breathtaking 180-degree views of the newly renovated St. Petersburg Country Club. Designed for those who appreciate elegance and comfort, this residence has undergone a meticulous transformation, making it a true move-in-ready masterpiece. Step inside to a completely reimagined interior, featuring a brand-new kitchen outfitted with premium GE Café appliances, sleek cabinetry, and a seamless blend of modern updates with the charm of the past. Each of the three full bathrooms has been exquisitely remodeled with designer fixtures and spa-inspired finishes. The home’s waterproof luxury vinyl flooring extends throughout, providing both durability and sophistication, with beautifully matched stairs for a seamless look. Freshly painted both inside and out—including the garage floor and tile roof—the home radiates a pristine and welcoming ambiance. Beyond aesthetics, this home is equipped with state-of-the-art features, including a 2020 Carrier 5-ton air conditioning unit, eight brand-new hurricane-impact windows with a 50-year transferable warranty, solar powered water heater providing a low electric bill, and a converted half-bath that now serves as a full bath with an added laundry area, complete with a laundry chute from the upstairs suite. The outdoor space is equally impressive, boasting a newly screened pool area, a brand-new pool pump, and extensive landscaping in the front yard, creating a private oasis. A new fence adds both security and style, while a new garage door, along with the freshly painted exterior and tile roof, enhance the curb appeal. Wake up to breathtaking golf course views, entertain effortlessly, and enjoy the finest in modern living—all in one of St. Petersburg’s most sought-after locations. Situated just 10 minutes from downtown, 10 minutes from award-winning beaches, 5 minutes from multiple boat ramps, and 5 minutes from Boyd Hill Nature Preserve, this is a rare opportunity to own a completely renovated luxury home on the premier lot in St. Petersburg’s hottest neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Carpenter 813-362-4586,

    CARPENTER REALTY GROUP 813-362-4586

    Bought with:

    Molly Wholey, 3626366

    SMITH & ASSOCIATES REAL ESTATE

    Source: Stellar MLS,MLS#: TB8347239MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    • Area: 247 Square Feet
    • Dimensions: 19x13
    Kitchen
    • Level: First
    • Area: 240 Square Feet
    • Dimensions: 20x12
    Living room
    • Level: First
    • Area: 272 Square Feet
    • Dimensions: 16x17
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Chute, Laundry Room
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Walk-In Closet(s)
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,845
    • Total interior livable area: 2,247 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Screen Enclosure
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 9,675 Square Feet
    • Dimensions: 86 x 122
    Details
    • Parcel number: 023216496620030090
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: LAKEWOOD ESTATES TRACTS 10-11
    HOA
    • Has HOA: No
    Location
    • Region: Saint Petersburg

    Financial & listing details

    • Price per square foot: $394/sqft
    • Tax assessed value: $510,205
    • Annual tax amount: $3,836
    • Date on market: 2/6/2025
    • Cumulative days on market: 160 days
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/15/2025Sold$885,000-4.3%$394/sqft
    Source: Stellar MLS #TB8347239 Report a problem
    7/20/2025Listing removed$3,950$2/sqft
    Source: Stellar MLS #TB8404806 Report a problem
    7/20/2025Pending sale$925,000$412/sqft
    Source: Stellar MLS #TB8347239 Report a problem
    7/8/2025Listed for rent$3,950$2/sqft
    Source: Stellar MLS #TB8404806 Report a problem
    6/16/2025Price change$925,000-5.1%$412/sqft
    Source: Stellar MLS #TB8347239 Report a problem
    3/12/2025Price change$975,000-2.4%$434/sqft
    Source: Stellar MLS #TB8347239 Report a problem
    2/6/2025Listed for sale$999,000+61.1%$445/sqft
    Source: Stellar MLS #TB8347239 Report a problem
    7/11/2022Sold$620,000+12.7%$276/sqft
    Source: Public Record Report a problem
    5/17/2022Pending sale$549,900$245/sqft
    Source: Stellar MLS #U8162072 Report a problem
    5/12/2022Listed for sale$549,900+378.2%$245/sqft
    Source: Stellar MLS #U8162072 Report a problem
    2/20/1997Sold$115,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,053 +5.6%$246,062 +2.9%
    2024$3,836 +1.9%$239,127 +3%
    2023$3,766 +72.3%$232,162 +52.6%
    2022$2,186 -0.7%$152,186 +3%
    2021$2,203 -0.2%$147,753 +1.4%
    2020$2,208 +2.3%$145,713 +2.3%
    2019$2,157 $142,437 +1.9%
    2018$2,157 +1.9%$139,781 +2.1%
    2017$2,118 +2.8%$136,906 +2.1%
    2016$2,060 -1.4%$134,090 +0.7%
    2015$2,089 +0.7%$133,158 +0.8%
    2014$2,074 +1%$132,101 +1.5%
    2013$2,054 +2.2%$130,149 +1.7%
    2012$2,009 $127,973 +3%
    2011-- $124,246 +1.5%
    2010-- $122,410 +2.7%
    2009-- $119,192 +0.1%
    2008$1,690 $119,073 +3%
    2007-- $115,605 -31%
    2005-- $167,600 +11.1%
    2004$1,976 +2%$150,900 +6%
    2003$1,937 +4%$142,300 +20.9%
    2002$1,862 $117,700 +1.6%
    2001$1,862 +3.8%$115,900 +11.9%
    2000$1,794 $103,600
    Find assessor info on the county website

    Neighborhood: Lakewood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $868,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $868,100