PENDING
$31K PRICE DROP
2525 Madrid Way S Saint Petersburg, FL 33712
Lakewood Estates NeighborhoodEstimated payment $4,398/month
Total Views
3,712
5
Beds
2.5
Baths
2,277
Sq Ft
$316
Price per Sq Ft
Highlights
- Open Floorplan
- 2 Car Attached Garage
- Walk-In Closet
- No HOA
- Eat-In Kitchen
- Tile Flooring
About This Home
Under contract-accepting backup offers. Welcome to Lakewood Estates, one of St. Pete’s most desirable neighborhoods—just minutes from the award-winning Gulf beaches, Boyd Hill Nature Preserve, and St. Petersburg Country Club. This beautifully updated 5-bedroom, 2.5-bath home offers the perfect blend of charm, function, and flexibility in a location that simply can’t be beat. A paver driveway and walkway lead to a carved wood front door, opening into a bright and expansive living space where rich dark wood laminate floors flow throughout the main level. The stunning custom kitchen features soft-close dovetail cabinetry, quartz countertops, a tile backsplash, and floating shelves—perfectly paired with a spacious dining area for effortless entertaining. French doors open to a large screened lanai with a new insulated roof, overlooking a private fenced backyard—ideal for outdoor living. Just off the kitchen, a versatile fifth bedroom offers the flexibility to be used as a guest room, home office, or den, with direct access to the lanai. A dedicated laundry room and updated half bath complete the thoughtfully designed first floor. Upstairs, you'll find four generously sized bedrooms, including a massive primary suite with a walk-in closet and a beautifully tiled en-suite bathroom. The fully updated hall bath features a sleek glass vanity and an oversized shower, while a cozy loft space provides the perfect nook for reading or work-from-home needs. Additional highlights include a newer roof, newer HVAC, updated windows with hurricane panels, and a two-car garage with a new door and opener. Best of all, this home has never experienced flooding or hurricane damage, and no flood insurance is required—offering long-term peace of mind. Don’t miss this move-in ready gem located on one of the premier streets in Lakewood Estates—schedule your private showing today!
Listing Agent
CARPENTER REALTY GROUP Brokerage Phone: 813-362-4586 License #3357315 Listed on: 04/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,536
Year Built
- Built in 1968
Lot Details
- 7,383 Sq Ft Lot
- Lot Dimensions are 77x100
- South Facing Home
- Irrigation Equipment
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Stucco
Interior Spaces
- 2,277 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Combination Dining and Living Room
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Lakewood Estates Tracts 10 11 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 12 / 4
- Assessor Parcel Number 02-32-16-49662-004-0120
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,445 | $326,193 | -- | -- |
| 2023 | $5,445 | $316,692 | $0 | $0 |
| 2022 | $5,307 | $307,468 | $0 | $0 |
| 2021 | $5,382 | $298,513 | $0 | $0 |
| 2020 | $5,828 | $272,487 | $0 | $0 |
| 2019 | $3,627 | $168,274 | $65,331 | $102,943 |
| 2018 | $4,074 | $187,599 | $0 | $0 |
| 2017 | $3,841 | $174,461 | $0 | $0 |
| 2016 | $1,571 | $112,171 | $0 | $0 |
| 2015 | $1,593 | $111,391 | $0 | $0 |
| 2014 | $1,580 | $110,507 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | Price Changed | $719,000 | -4.1% | $316 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $750,000 | +92.6% | $329 / Sq Ft |
| 01/28/2020 01/28/20 | Sold | $389,500 | -0.1% | $171 / Sq Ft |
| 12/17/2019 12/17/19 | Pending | -- | -- | -- |
| 12/15/2019 12/15/19 | For Sale | $389,900 | +58.8% | $171 / Sq Ft |
| 09/13/2019 09/13/19 | Sold | $245,500 | -18.1% | $108 / Sq Ft |
| 08/20/2019 08/20/19 | Pending | -- | -- | -- |
| 08/10/2019 08/10/19 | Price Changed | $299,900 | -9.1% | $132 / Sq Ft |
| 06/11/2019 06/11/19 | Price Changed | $329,900 | -2.9% | $145 / Sq Ft |
| 06/05/2019 06/05/19 | Price Changed | $339,900 | -1.4% | $149 / Sq Ft |
| 06/01/2019 06/01/19 | Price Changed | $344,900 | -1.4% | $151 / Sq Ft |
| 05/27/2019 05/27/19 | Price Changed | $349,900 | -1.4% | $154 / Sq Ft |
| 05/16/2019 05/16/19 | Price Changed | $354,900 | -4.1% | $156 / Sq Ft |
| 05/05/2019 05/05/19 | Price Changed | $369,900 | -1.4% | $162 / Sq Ft |
| 04/27/2019 04/27/19 | For Sale | $375,000 | -- | $165 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $389,500 | Attorney | |
| Deed | $245,500 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Stellar MLS
MLS Number: TB8376733
APN: 02-32-16-49662-004-0120
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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