Video tour
$10,000 Closing Credit¹
#TB8357123, Christopher Pitre, PA, Listing Office: SMITH & ASSOCIATES REAL ESTATE
$975,000 List price
2506 Madrid Way S Saint Petersburg, FL 33712
$10,000
Closing credit¹
3 beds
3 full
2,247 sqft
0.2 acres
$434 / 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
- MLS Number: TB8347239
- MLS Name: MFRMLS
- Office Name: CARPENTER REALTY GROUP
- Office Phone: (813) 362-4586
- Listing Agent: Tyler Carpenter
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:19:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$975,000
2506 Madrid Way S
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
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. Residents of Saint Petersburg, FL typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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
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 $975,000.
In February 2025 more than 32 listings in Saint Petersburg, FL were sold above the asking price. During the same period more than 67 listings were sold at asking price, while more than 242 were sold below. The inventory of homes for sale in Saint Petersburg, FL between January and February 2025 increased by 9.9%. In February 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $431,523.
From Rocket Homes Real Estate and based on county public records data.