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 Hickory Solid 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.
For sale
$799,000
367 MADEIRA CIRCLE, TIERRA VERDE, FL 33715
3beds
1,585sqft
Townhouse
Built in 1998
902 Square Feet Lot
$750,100 Zestimate®
$504/sqft
$722/mo HOA
What's special
Abundant natural lightPremium quartz countertopsAmple storageVaulted ceilingsWood-burning fireplaceGenerous counter spaceStainless steel appliances
- 80 days
- 243
- 14
Zillow last checked:
Listing updated:
Listed by:
Christopher Smith 727-224-4378,
DESTINATION FLORIDA RENTALS & REAL ESTATE 727-866-7368
Source: Stellar MLS,MLS#: TB8521570
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Dual Closets
- Level: Third
- Area: 204.49 Square Feet
- Dimensions: 14.3x14.3
Bedroom 1
- Features: Dual Closets
- Level: Third
- Area: 101.21 Square Feet
- Dimensions: 11.11x9.11
Bedroom 2
- Features: Dual Closets
- Level: Second
- Area: 133.2 Square Feet
- Dimensions: 12x11.1
Primary bathroom
- Level: Third
- Area: 78 Square Feet
- Dimensions: 7.5x10.4
Bathroom 1
- Level: Third
- Area: 78 Square Feet
- Dimensions: 7.5x10.4
Bathroom 2
- Level: Second
- Area: 32.06 Square Feet
- Dimensions: 7.8x4.11
Foyer
- Level: First
- Area: 37.74 Square Feet
- Dimensions: 5.1x7.4
Kitchen
- Level: Second
- Area: 92.71 Square Feet
- Dimensions: 7.3x12.7
Living room
- Level: Second
- Area: 330.47 Square Feet
- Dimensions: 14.3x23.11
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
- Laundry: Inside
Features
- Ceiling Fan(s), Central Vacuum, Open Floorplan, Solid Surface Counters, Thermostat, Vaulted Ceiling(s)
- Flooring: Ceramic Tile, Hardwood
- Doors: Sliding Doors
- Windows: Skylight(s), Hurricane Shutters/Windows
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,585
- Total interior livable area: 1,585 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Ground Level, Off Street, Tandem
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered
- Exterior features: Balcony
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Saltwater Canal Access, Gulf/Ocean to Bay Access, Intracoastal Waterway Access, Lift, Seawall
Lot
- Size: 902 Square Feet
Details
- Parcel number: 203216659050010190
- Zoning: RM-15
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Block, Stucco, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Dock, Fishing, Intracoastal Waterway, Water Access, Buyer Approval Required, Clubhouse, Fitness Center, Pool, Tennis Court(s)
- Pet fee: $0 monthly
- Subdivision: PALMS OF TIERRA
HOA
- Has HOA: Yes
- Services included: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $722 monthly
- HOA name: Resource Property Management
- HOA phone: 727-864-0004
- Second HOA name: Anchor Cove
Location
- Region: Tierra Verde
Financial & listing details
- Price per square foot: $504/sqft
- Tax assessed value: $620,179
- Annual tax amount: $6,847
- Date on market: 6/21/2026
- Cumulative days on market: 271 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$750,100
$713,000 - $788,000
$3,454/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Listed for sale | $799,000-5.9%$504/sqft |
Source: | ||
| 6/3/2026 | Listing removed | $849,000$536/sqft |
Source: | ||
| 4/3/2026 | Price change | $849,000-3%$536/sqft |
Source: | ||
| 12/14/2025 | Price change | $875,000-2.7%$552/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $899,000+133.5%$567/sqft |
Source: | ||
| 1/8/2020 | Sold | $385,000+28.3%$243/sqft |
Source: Public Record Report a problem | ||
| 8/1/2002 | Sold | $300,000+67.5%$189/sqft |
Source: Public Record Report a problem | ||
| 3/6/1998 | Sold | $179,100$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,847 +5.8% | $440,167 +2.9% |
| 2024 | $6,471 +0.5% | $427,762 +3% |
| 2023 | $6,442 +1.6% | $415,303 +3% |
| 2022 | $6,341 -1.9% | $403,207 +3% |
| 2021 | $6,461 -1.3% | $391,463 +12% |
| 2020 | $6,544 +3.4% | $349,669 +4.4% |
| 2019 | $6,329 | $334,834 +4% |
| 2018 | $6,329 +3.9% | $321,898 -3.9% |
| 2017 | $6,093 +2.3% | $334,984 +0.4% |
| 2016 | $5,957 +12.8% | $333,659 +27.8% |
| 2015 | $5,282 -7% | $261,057 -7.4% |
| 2014 | $5,682 +6.5% | $281,836 +8.1% |
| 2013 | $5,333 +4.7% | $260,618 +2.5% |
| 2012 | $5,093 | $254,228 -4.4% |
| 2011 | -- | $265,812 +7.5% |
| 2010 | -- | $247,380 -23.1% |
| 2009 | -- | $321,552 -17.3% |
| 2008 | $7,388 | $388,800 -9.1% |
| 2007 | -- | $427,500 +37.3% |
| 2005 | -- | $311,400 +10.9% |
| 2004 | $5,865 +11.8% | $280,700 +11.7% |
| 2003 | $5,246 +85.1% | $251,200 +30.8% |
| 2002 | $2,834 | $192,000 +16.4% |
| 2001 | $2,834 +3.7% | $165,000 +2.2% |
| 2000 | $2,732 | $161,400 |
Find assessor info on the county website
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