Property
ActiveResidential
1/60
$5,900,000

5023 W LEONA STREET

Tampa, FL 33629
5
Beds
6
Baths
6,950
SqFt
0.19
Acres
STELLAR
#TB8502442
Updated: May 2, 2026, 1:23pm

Property Description

Brand-new construction (Completed) with modern coastal design, open-water views from a rooftop deck, 8-car garage capacity, and elevated living areas define this new waterfront residence thoughtfully designed and built in the new community of Madsen Isles in South Tampa. Designed for Florida living, the home offers generous indoor-outdoor spaces, quality construction details, masonry concrete block construction, impact-rated windows and doors, and a 4-story elevator. Exceptional living spaces are anchored by an impressive light-filled great room with a 24-foot tiled fireplace wall and 360-degree floating custom fireplace, brushed white oak wood floors, an entertaining bar, and statement lighting. A sleek European-inspired chef’s kitchen features dual quartz islands with waterfall edges, generous seating, Sub-Zero and Wolf appliances, and open connection to the breakfast area and great room, with access to a covered terrace and outdoor kitchen with gas grill, stainless steel sink, mini fridge, and custom countertop. Additional features include a 3-row movie theater with 120” screen and Dolby Atmos 7.1 pre-wire, wine room, lounge, office, powder bath, and five bedrooms with five full baths and one-half bath. A floating staircase leads to the upper living level, where the primary retreat includes a 650-square-foot primary bedroom with private balcony, his-and-her walk-in closets, and a spa-inspired bath with a vessel tub, makeup vanity, and dual rainfall shower heads. Outdoors, enjoy a waterfront pool with sun decks, floating spa, fireplace, covered entertaining areas, tongue-and-groove terrace ceilings, and an outdoor floating staircase connecting the pool area to the living level. The rooftop deck extends the outdoor living experience with open-water views, while the garage level provides rare 8-car capacity. Madsen Isles is an exclusive South Tampa waterfront enclave planned for eight homesites, including six waterfront properties and two off-water properties, with brick paver roadways, underground utilities, and a setting designed to offer a refined residential experience near downtown Tampa, Tampa International Airport, dining, shopping, recreation, sports venues, and area beaches.
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Included Appliances
Convection OvenCooktopDishwasherDisposalGas Water HeaterMicrowaveRefrigeratorTankless Water HeaterWine Refrigerator

Property Details

Highlights
View
Yes
Interior
Appliances
Convection OvenCooktopDishwasherDisposalGas Water HeaterMicrowaveRefrigeratorTankless Water HeaterWine Refrigerator
Bathrooms Total Decimal
5.5
Building Area Total
11977
Cooling
Central AirZoned
Fireplace Features
Family Room
Flooring
CarpetPorcelain TileHardwood
Furnished
Unfurnished
Heating
Electric
Interior Features
Built-in FeaturesElevatorHigh CeilingsKitchen/Family Room ComboOpen FloorplanPrimaryBedroom UpstairsSolid Wood CabinetsStone CountersWalk-In Closet(s)Wet Bar
Laundry Features
Laundry Room
Living Area
6950
Rooms Total
10
Construction
Architectural Style
Contemporary
Builder Name
Modesta Homes
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
South
Foundation Details
Slab
Levels
Three Or More
Living Area Source
Public Records
Living Area Units
Square Feet
New Construction
Yes
Property Condition
Completed
Roof
Shingle
Year Built
2026
Site & Exterior
Covered Spaces
8
Exterior Features
Outdoor Kitchen
Flood Zone Code
AE
Garage Spaces
8
I D X Participation
Yes
Lot Features
Cul-De-Sac
Lot Size Acres
0.19
Lot Size Area
8155
Lot Size Dimensions
100 x 81
Lot Size Square Feet
8155
Lot Size Units
Square Feet
Parking Features
OversizedUnder Building
Patio And Porch Features
CoveredPatio
Pool Features
In GroundSalt Water
Public Survey Range
18
Public Survey Section
32
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater Connected
View
Water
Water Source
Public
Water View
Yes
Zoning
RS-75
Financials
Association Fee
95
Association Fee Frequency
Monthly
Calculated List Price By Calculated Sq Ft
848.92
Contract Status Change Date
2026-04-28
Current Price
5900000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Monthly H O A Amount
95
Owner Name
MODESTA HOMES LLC
Ownership
Fee Simple
Parcel Number
A322918D0400000000002.0
Public Survey Township
29
Tax Annual Amount
6959
Tax Book Number
143-231
Tax Legal Description
MADSEN ISLES LOT 2
Tax Lot
2
Tax Year
2025
Total Annual Fees
1140
Total Monthly Fees
95

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
See HOA docs
Association Email
info@modcapgroup.com
Association Fee Requirement
Required
Association Name
Madsen Isles Homeowner's Association
Association Phone
8886632271
Lease Restrictions
Yes
M L S Area Major
33629 - Tampa / Palma Ceia
Pets Allowed
Yes
Subdivision Name
MADSEN ISLES
Schools
Ratings
Elementary
Dale Mabry Elementary-HB
Middle
Coleman-HB
High
Plant-HB
Listing provided courtesy of STELLAR via IDX. Updated: May 2, 2026, 1:23pm.
Jennifer Zales

Listing Agent

COLDWELL BANKER REALTY

Call Agent