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Off market
  • $1,290,200

    506 Madrid Dr, Tierra Verde, FL 33715

    4beds
    2,589sqft
    SingleFamily
    Built in 1985
    0.29 Acres Lot
    $1,290,200 Zestimate®
    $498/sqft
    $4,727 Estimated rent

    Home value

    $1,290,200

    $1.17M - $1.42M

    $4,727/mo

    Zestimate® history
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    $28,447/mo

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    What's special

    The Island life awaits! Enjoy the Florida lifestyle in this easy living, single story ranch style home located on the prestigious island of Tierra Verde. This beautiful 4 bedroom, 3 bath residence boasts a stunning double door entry, vaulted ceilings, a desirable split bedroom plan. The light and bright kitchen is complete with gleaming granite counters, tiled back splash, a breakfast bar overlooking the casual dining and family room, a closet pantry, and beautiful views of the backyard garden. This home invites entertaining with the kitchen central to the separate formal living & dining rooms as well as the family room with access to the screened lanai offering a fabulous hot tub...a perfect way to end the day! There is plenty of room for your toys as this home offers an oversized three car garage and ample parking. If a pool is to your liking, this spacious lot offers ample room; an ideal way to get just what you want! Tierra Verde is an island community that sits right next door to the nationally renowned Fort Desoto Park which offers biking, kayaking, fishing and an outstanding dog beach and park; all in a natural setting. If you prefer, St. Pete Beach is moments away and offers award winning sandy white beaches. Tierra Verde is also conveniently located to the interstate and downtown St. Petersburg and only 30 minutes to Tampa International Airport.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat pump, Other, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Smoke Alarm(S), Solid Surface Counters, Blinds/Shades, Handicapped Modified, Wheelchair Accessible, Central Vacuum
    • Flooring: Tile, Carpet
    • Basement: None
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,589 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Cement / Concrete
    • Has spa: Yes
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 193216909000030070

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    Materials
    • masonry
    • Foundation: Footing
    • Roof: Tile
    Condition
    • Year built: 1985

    Utilities & green energy

    • Utilities for property: Electric, Street Lights, Public Utilities, Public Sewer, BB/HS Internet Avail, Public Municipal Water

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $19,500 monthly
    Location
    • Region: Tierra Verde

    Financial & listing details

    • Price per square foot: $498/sqft
    • Tax assessed value: $966,233
    • Annual tax amount: $16,388
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/11/2024Listing removed$1,350,000$521/sqft
    Source: Stellar MLS #U8234447 Report a problem
    5/28/2024Price change$1,350,000-3.6%$521/sqft
    Source: Stellar MLS #U8234447 Report a problem
    4/19/2024Price change$1,400,000-6.6%$541/sqft
    Source: Stellar MLS #U8234447 Report a problem
    3/14/2024Listed for sale$1,499,000+30.3%$579/sqft
    Source: Stellar MLS #U8234447 Report a problem
    8/23/2022Sold$1,150,000-8%$444/sqft
    Source: Public Record Report a problem
    6/14/2022Pending sale$1,250,000$483/sqft
    Source: Stellar MLS #U8151009 Report a problem
    6/3/2022Price change$1,250,000+4.6%$483/sqft
    Source: Stellar MLS #U8151009 Report a problem
    5/25/2022Pending sale$1,195,000$462/sqft
    Source: Stellar MLS #U8151009 Report a problem
    5/11/2022Listed for sale$1,195,000$462/sqft
    Source: Stellar MLS #U8151009 Report a problem
    4/30/2022Listing removed--
    Source: Stellar MLS #U8151009 Report a problem
    4/15/2022Price change$1,195,000-4.4%$462/sqft
    Source: Stellar MLS #U8151009 Report a problem
    4/1/2022Listed for sale$1,250,000$483/sqft
    Source: Stellar MLS #U8151009 Report a problem
    3/1/2022Pending sale$1,250,000$483/sqft
    Source: Stellar MLS #U8151009 Report a problem
    2/14/2022Listed for sale$1,250,000+108.7%$483/sqft
    Source: Stellar MLS #U8151009 Report a problem
    5/9/2017Listing removed$599,000$231/sqft
    Source: COLDWELL BANKER RESIDENTIAL #U7782200 Report a problem
    4/27/2017Listed for sale$599,000$231/sqft
    Source: COLDWELL BANKER RESIDENTIAL #U7782200 Report a problem
    4/27/2017Pending sale$599,000$231/sqft
    Source: COLDWELL BANKER RESIDENTIAL #U7782200 Report a problem
    2/15/2017Price change$599,000-7.8%$231/sqft
    Source: COLDWELL BANKER RESIDENTIAL #U7782200 Report a problem
    6/27/2016Listed for sale$650,000-2.8%$251/sqft
    Source: COLDWELL BANKER RESIDENTIAL #U7782200 Report a problem
    5/11/2016Listing removed$669,000$258/sqft
    Source: Coldwell Banker Residential Real Estate - St Pete Beach #U7749588 Report a problem
    4/7/2016Price change$669,000-4.4%$258/sqft
    Source: Coldwell Banker Residential Real Estate - St Pete Beach #U7749588 Report a problem
    12/14/2015Price change$699,900-5.4%$270/sqft
    Source: Coldwell Banker Residential Real Estate - St Pete Beach #U7749588 Report a problem
    10/21/2015Price change$739,900-1.3%$286/sqft
    Source: Coldwell Banker Residential Real Estate - St Pete Beach #U7749588 Report a problem
    9/10/2015Listed for sale$749,900+66.6%$290/sqft
    Source: COLDWELL BANKER RESIDENTIAL #U7749588 Report a problem
    10/8/2012Sold$450,000+452.1%$174/sqft
    Source: Public Record Report a problem
    1/18/1995Sold$81,500$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,388 +0.3%$966,233 -2.2%
    2024$16,341 +0.8%$987,896 +3.8%
    2023$16,209 +30.7%$952,094 +39%
    2022$12,405 +8.7%$684,904 +10%
    2021$11,413 +8.5%$622,640 +10%
    2020$10,521 +4.1%$566,036 +5.1%
    2019$10,108 $538,558 +6%
    2018$10,108 +5%$508,250 +8.4%
    2017$9,626 +8.7%$469,056 +3.6%
    2016$8,859 +0.9%$452,570 +2.7%
    2015$8,779 +9.8%$440,518 +11.1%
    2014$7,993 +5.9%$396,409 +7.3%
    2013$7,548 +25.2%$369,603 +8.3%
    2012$6,031 $341,140 +2%
    2011-- $334,347 -0.9%
    2010-- $337,382 +2.7%
    2009-- $328,512 +0.1%
    2008$5,478 $328,184 +3%
    2007-- $318,625 -29.1%
    2005-- $449,700 +14.4%
    2004$5,600 +2.1%$393,200 +9.3%
    2003$5,484 +6.4%$359,800 +12.2%
    2002$5,153 $320,800 +3.5%
    2001$5,153 +3.5%$310,000 +15.5%
    2000$4,979 $268,500
    Find assessor info on the county website

    Neighborhood: 33715

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,290,200
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    Estimated market value
    $1,290,200