Back 2506 Madrid Way South
Off Market

2506 Madrid Way South

St. Petersburg FL 33712

3
3
2
2845 sq. ft.
9675 sq. ft.
Single-Family
Last sold for $885,000
Tyler CarpenterTyler Carpenter, last sold this property on 15 August 2025 after 190 days on market.

Overview

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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2845 sq. ft. floor area
9675 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in St. Petersburg over the last 12 months, the estimated median property value of 2506 Madrid Way South is $420k.

Median value
$420k
Estimated value range
$90k - $1.52m
Median days on market
32
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St. Petersburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2506 Madrid Way South

2025
Sold
$885,000
15 Aug 2025 by Tyler Carpenter, of CARPENTER REALTY GROUP
2022
Sold
$620,000
20 Jun 2022 by Stephen Friese, of KELLER WILLIAMS ST PETE REALTY

Happy sellers in St. Petersburg

<50%
Less than 50% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in St. Petersburg over the last 12 months.

Local market activity for 3 bedroom single-family properties in St. Petersburg

In the last 12 months, 145 three-bedroom single-family properties similar to 2506 Madrid Way South, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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