NOT LISTED FOR SALE

Estimated Value: $2,345,000 - $3,392,000

0.22 Acre
$13,184,005 Price per Acre
9,556 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $3,000,000

Est. 3% decrease in value since last sale

Current estimated payment $17,340/month

Highlights

  • 74 Feet of Salt Water Canal Waterfront
  • Access to Bay or Harbor
  • Cul-De-Sac
  • Mabry Elementary School Rated A
  • Full Bay or Harbor Views

About This Lot

As of February 2024

Only 3 developer lots remain! Welcome to Madsen Isles, an exquisite luxury waterfront enclave of 8 homesites developed by Stephen Anthony Luxury Homes located in South Tampa that promises an elite living experience. This luxury community features 6 waterfront properties and 2 off-water, each offering an opportunity for a stunning vista of Tampa Bay with the bonus of buried underground utilities and a beautiful brick paver road. Build to the latest building codes with full exterior concrete block and piling construction, impact windows/doors, and elevated FEMA-compliant living for flood risk reduction and optimal insurance premiums. Each residence will surpass a generous 5,000 sq ft in size, offering an expanse of elegant living quarters to embrace the comforts of life while allowing generous automobile parking under the home and the opportunity for stunning water views from rooftop terraces. From Classic Revival to Modern, each home will pay homage to its owners through unique designs while meeting and exceeding contemporary living needs. The residences at Madsen Isles will demand attention, not for their stature alone, but for their commitment to providing quality craftsmanship and an unparalleled lifestyle of Florida living. For those seeking the exceptional, where architecture meets art amid the inspiring beauty of the waterfront landscape, this is a place for you to call home. The Sold Price reflected is for lot purchase only Lot 6 canal frontage.

Last Agent to Sell the Property

Jennifer Zales

COLDWELL BANKER REALTY Brokerage Phone: 813-286-6563 License #3235776 Listed on: 02/29/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Jennifer Zales

COLDWELL BANKER REALTY Brokerage Phone: 813-286-6563 License #3235776 Listed on: 02/29/2024

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,250

Lot Details

  • 9,556 Sq Ft Lot
  • Lot Dimensions are 68x148x74x128
  • 74 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • North Facing Home
  • Cleared Lot
  • Property is zoned RS- 75

HOA Fees

  • $95 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • Canal

Schools

  • Dale Mabry Elementary School
  • Coleman Middle School
  • Plant High School

Listing and Financial Details

  • Assessor Parcel Number A-32-29-18-D04-000000-00006.0
  • Tax Block Lot 6

Community Details

Overview

  • Madsen Isles Homeowner's Association, Phone Number (888) 663-2271
  • Madsen Isles Subdivision

Recreation

  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$12,250

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9556
  • Directions to Property: South on Westshore Blvd, Right on W Leona Street, dead end at Madsen Isles, Property is on the left hand side
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow Postal Code: 33606
  • Escrow State: FL
  • Escrow Street Name: W De Leon Street
  • Escrow Street Number: 1609
  • List Office Head Office Key Nume: 1049026
  • RATIO Current Price By Calculate: 313.94
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 813-286-6563
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5024

Exterior Features

  • Direction Faces: North
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 74
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 74
  • Price Per Acre: 13636364

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 95
  • Association Fee Frequency: Monthly
  • Association Name: Madsen Isles Homeowner's Association
  • Phone: 8886632271
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: info@modcapgroup.com

Fee Information

  • Total Annual Fees: 1140.00
  • Total Monthly Fees: 95.00
  • Monthly HOA Amount: 95.00

Schools

  • Elementary School: Dale Mabry Elementary-HB
  • High School: Plant-HB
  • Middle Or Junior School: Coleman-HB

Lot Info

  • Zoning: RS- 75
  • Parcel Number: A-32-29-18-D04-000000-00006.0
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Cul-De-Sac, Paved
  • Lot Dimensions: 68x148x74x128
  • Flood Zone Code: AE, VE
  • Lot Size Square Meters: 888

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 12250
  • Tax Block: Lot 6
  • Tax Book Number: 143/231

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Feb 9, 2024
Sold by
Madsen Isles Lllp
Bought by
Modesta Homes Llc
Seller's Agent
Jennifer Zales
COLDWELL BANKER REALTY
Buyer's Agent
Jennifer Zales
COLDWELL BANKER REALTY
List Price
$3,000,000
Sold Price
$3,000,000
Views
5
Current Estimated Value
$2,900,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,519
Avg. Annual Appreciation
-2.18%

Purchase Details

Closed on
Sep 14, 2023
Sold by
North Park Isle Development Llc
Bought by
Meritage Homes Of Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,372
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2023
Sold by
Hdp Fairway Palms Llc
Bought by
William Ryan Homes Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,372
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2023
Sold by
Andrews John A
Bought by
Investway Group Of Florida Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,372
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2023
Sold by
Wever John L and Wever Georgina W
Bought by
Villegas Natalie M and Aponte Rhia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,372
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Modesta Homes Llc $3,000,000 Titlemark
Meritage Homes Of Florida Inc $2,079,000 None Listed On Document
William Ryan Homes Florida Inc $500,300 Fidelity National Title Of Flo
Perez Maria Marizela $120,000 None Listed On Document
Investway Group Of Florida Corp $95,000 Trust Title
Villegas Natalie M -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modesta Homes Llc $2,638,000
Previous Owner Rowland Robert L $706,372
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $3,000,000 0.0% --
02/29/2024 02/29/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $3,000,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $21,502 $1,190,022 $1,190,022 --
2023 $21,502 $1,120,022 $1,120,022 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3505507

Stellar MLS

APN: A-32-29-18-D04-000000-00006.0