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$885,000
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Property Description
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.
Full Property Details
Full Property Details for 2506 Madrid Way S
General
- Sold For: $885,000
- Taxes: $3,836 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8347239
- Added to Site: 347 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Chute, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Screen Enclosure
Exterior
- Exterior Features: Lighting
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 33712 - St Pete
- County: Pinellas
- Development Name: 33712 - St Pete
- Subdivision: LAKEWOOD ESTATES TRACTS 10-11
- Driving 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.
- Direction Faces: West
Community
- Community Name: 33712 - St Pete
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Exterior Const.: Block
- Roof: Tile
- Stories/Levels: Two
- Square Feet: 2,247
- Sq. Ft. Source: Owner
- Living Area: 2,247 Sq. Ft.
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,675
- Lot Size: 9675
- Lot Dimensions: 86 x 122
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $3,836.47
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKEWOOD ESTATES TRACTS 10-11 BLK 3, LOT 9 & 25FT X 99 FT(S) OF TRACT A ADJ ON E
- Flood Zone Info: X
- APN: 23216496620030090
- Property ID: 23216496620030090
- Block/Lot/Section: 3
Listed by Carpenter Realty Group
Sold by Smith & Associates Real Estate
Get Pre-Approved Today
Schools
Schools serving 2506 Madrid Way S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Maximo Elementary School 4850 31st St S, St. Petersburg, FL 33712 | PK-5 | 0.4 mi |
Bay Point Middle School 2151 62nd Ave S, St. Petersburg, FL 33712 | 6-8 | 1.3 mi |
Lakewood High School 1400 54th Ave S, St. Petersburg, FL 33705 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2506 Madrid Way S
Date
Details
Price
Change
Source
8/15/2025
Sold
$885,000
-4.32%
MLS
6/16/2025
Price Reduced
$925,000
-5.13%
MLS
3/12/2025
Price Reduced
$975,000
-2.4%
MLS
2/06/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2506 Madrid Way S, Saint Petersburg, FL 33712 (MLS# TB8347239) is a Single Family property that was sold at $885,000 on August 15, 2025. Want to learn more about 2506 Madrid Way S? Do you have questions about finding other Single Family real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

