#TB8375248, Kent Rodahaver, Listing office: NEXTHOME SOUTH POINTE
$925,000 List price
2506 Madrid Way S Saint Petersburg, FL 33712
3 beds
3 full
2,247 sqft
0.2 acres
$412 / sqft
House
Property details
About 2506 Madrid Way S
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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,247 sqft
Lot size0.22 Acres
Year built1962
MLS #TB8347239
Attached garage2 spaces
WaterfrontLake Front
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring Type: Luxury Vinyl
- Interior: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Waterfront: Lake Front
- Exterior: Lighting
- Heating: Central
- Cooling: Central Air
- List Price: $925,000
- Price/SqFt: $411
- HOA Amount: $0
- Annual Tax Amount: $3,765
- Tax Year: 2023
- Directions: From 31st St S, take 35th Ter heading east, turn right onto Alberca, follow Madrid until the cul-de-sac, home will be the last one on the left.
- Year Built: 1962
- Stories: 2
- Living Area: 2,247 SqFt
- Lot Size: 0.22 Acres
- MLS Number: TB8347239
- MLS Name: MFRMLS
- Office Name: CARPENTER REALTY GROUP
- Office Phone: (813) 362-4586
- Listing Agent: Tyler Carpenter
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Last updated on: 7/20/2025, 11:34:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 11, 2022 | Home Sold | $620,000 |
| Feb 20, 1997 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $232,162 | $3,765 |
| 2022 | $152,186 | $2,186 |
| 2021 | $147,753 | $2,186 |
| 2020 | $145,713 | $2,202 |
| 2019 | $142,437 | $2,157 |
| 2018 | $139,781 | $2,117 |
| 2017 | $136,906 | $2,088 |
History based on county public records data.
Nearby schools
3
Maximo Elementary
Public District PK-5
0.4 mi
•4850 31st St S
6
Bay Point Elementary School
Public Magnet PK-5
1.1 mi
•5800 22nd St S
7
Lakeview Fundamental Elementary School
Public Magnet PK-5
1.2 mi
•2229 25th St S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,848. The majority of Saint Petersburg, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
41%
<35k
40%
35k-100k
16%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
12%
Single, with Kids
33%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
47%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Minor League Baseball Games
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
New York & Company
Nordstrom Rack
Where do the neighbors go to eat?
LongHorn Steakhouse
Chick-fil-A
Chipotle
What do the neighbors drive?
Buick
Kia
Mazda
What do the neighbors listen to?
Contemporary Inspirational- Talk/Personality
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2506 Madrid Way S
The listing price of 2506 Madrid Way S property is $925,000.
The property 2506 Madrid Way S is a house located in Saint Petersburg, Florida, 33712.
Active Listing: 2506 Madrid Way S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2506 Madrid Way S are: Maximo Elementary (GreatSchools Rating 3/10), Bay Point Elementary School (GreatSchools Rating 6/10), Lakeview Fundamental Elementary School (GreatSchools Rating 7/10), James B. Sanderlin K-8 (GreatSchools Rating 7/10), Bay Point Middle School (GreatSchools Rating 5/10), Thurgood Marshall Fundamental (GreatSchools Rating 7/10), Lakewood High School (GreatSchools Rating 4/10), Gibbs High School (GreatSchools Rating 3/10), Disston Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $3,765 (source: MLS/based on county public records data).
The last sale was on July 11, 2022 for $620,000 (source: MLS/tax record).
The property at 2506 Madrid Way S has 3 bedrooms and 3 bathrooms.
The property 2506 Madrid Way S is 2,247 SqFt (source: MLS/tax record).
The year of construction for 2506 Madrid Way S is 1962.
This home is located at 2506 Madrid Way S in Saint Petersburg, FL and zip code 33712 in the Lakewood Estates neighborhood. This 2,247 square foot home, which was built in 1962, sits on a 0.22 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $925,000.
In June 2025, from all listings sold in Saint Petersburg, FL there were more than 41 sold above asking price, over 264 sold below and more than 65 were sold right at the asked price. The inventory of homes for sale in Saint Petersburg, FL between May and June 2025 decreased by 0.3%. While the average time on the market in June 2025 was 60 days, the median list price was $430,570.
From Rocket Homes Real Estate and based on county public records data.